Peoples Bancorp Inc. (NASDAQ:PEBO) Director Sells $30,330.00 in Stock

Peoples Bancorp Inc. (NASDAQ:PEBO) Director Carol A. Schneeberger sold 1,000 shares of Peoples Bancorp stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $30.33, for a total transaction of $30,330.00. Following the transaction, the director now directly owns 29,963 shares in the company, valued at $908,777.79. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Peoples Bancorp Trading Down 1.7 %

PEBO opened at $29.69 on Thursday. The business’s 50 day moving average price is $31.18 and its 200 day moving average price is $29.66. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market capitalization of $1.05 billion, a PE ratio of 8.89 and a beta of 0.75. Peoples Bancorp Inc. has a one year low of $24.84 and a one year high of $34.85.

Peoples Bancorp (NASDAQ:PEBO) last released its quarterly earnings results on Tuesday, July 23rd. The bank reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.01). The business had revenue of $154.47 million for the quarter, compared to analysts’ expectations of $111.30 million. Peoples Bancorp had a return on equity of 12.76% and a net margin of 20.58%. During the same quarter in the prior year, the company posted $0.83 earnings per share. As a group, equities research analysts expect that Peoples Bancorp Inc. will post 3.28 EPS for the current year.

Peoples Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 19th. Shareholders of record on Monday, August 5th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date of this dividend was Monday, August 5th. Peoples Bancorp’s dividend payout ratio is presently 47.90%.

Hedge Funds Weigh In On Peoples Bancorp

Hedge funds have recently made changes to their positions in the stock. nVerses Capital LLC acquired a new position in Peoples Bancorp during the second quarter worth $27,000. Innealta Capital LLC acquired a new position in Peoples Bancorp during the 2nd quarter worth about $46,000. Quest Partners LLC lifted its stake in Peoples Bancorp by 20,273.3% during the 2nd quarter. Quest Partners LLC now owns 3,056 shares of the bank’s stock worth $92,000 after acquiring an additional 3,041 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in Peoples Bancorp during the 1st quarter valued at about $118,000. Finally, EntryPoint Capital LLC acquired a new position in Peoples Bancorp in the 1st quarter valued at about $129,000. Hedge funds and other institutional investors own 60.68% of the company’s stock.

About Peoples Bancorp

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.