Peoples Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 3,750 shares of Peoples Utah Bancorp stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $17.31, for a total value of $64,912.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

PUB stock traded up $0.56 during trading on Thursday, hitting $18.31. The stock had a trading volume of 243 shares, compared to its average volume of 64,170. The company’s 50 day moving average price is $23.79 and its two-hundred day moving average price is $27.74. Peoples Utah Bancorp has a 1-year low of $13.55 and a 1-year high of $31.34. The stock has a market cap of $339.57 million, a price-to-earnings ratio of 7.80 and a beta of 0.73.

Peoples Utah Bancorp (NASDAQ:PUB) last announced its earnings results on Tuesday, January 28th. The bank reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.04. Peoples Utah Bancorp had a net margin of 33.02% and a return on equity of 13.97%. The firm had revenue of $30.88 million during the quarter, compared to the consensus estimate of $32.15 million. As a group, analysts predict that Peoples Utah Bancorp will post 1.98 earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its holdings in Peoples Utah Bancorp by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 230,311 shares of the bank’s stock worth $6,936,000 after acquiring an additional 4,505 shares during the period. Zebra Capital Management LLC raised its stake in shares of Peoples Utah Bancorp by 19.8% in the 4th quarter. Zebra Capital Management LLC now owns 11,837 shares of the bank’s stock valued at $357,000 after acquiring an additional 1,953 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in shares of Peoples Utah Bancorp by 117.4% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 31,279 shares of the bank’s stock valued at $942,000 after acquiring an additional 16,888 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Peoples Utah Bancorp by 36.4% in the 4th quarter. Bank of New York Mellon Corp now owns 112,245 shares of the bank’s stock valued at $3,380,000 after acquiring an additional 29,937 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of Peoples Utah Bancorp by 40.3% in the 4th quarter. UBS Group AG now owns 23,689 shares of the bank’s stock valued at $713,000 after acquiring an additional 6,810 shares in the last quarter. 40.59% of the stock is owned by hedge funds and other institutional investors.

PUB has been the subject of several research reports. BidaskClub raised Peoples Utah Bancorp from a “strong sell” rating to a “sell” rating in a research note on Saturday, March 14th. Zacks Investment Research downgraded Peoples Utah Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, February 1st. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $31.50.

Peoples Utah Bancorp Company Profile

People's Utah Bancorp operates as the bank holding company for People's Intermountain Bank that provides retail and commercial banking products and services. The company accepts various deposits, such as checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit.

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Insider Buying and Selling by Quarter for Peoples Utah Bancorp (NASDAQ:PUB)

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