Peoples Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 3,750 shares of Peoples Utah Bancorp stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $20.79, for a total transaction of $77,962.50.
Shares of Peoples Utah Bancorp stock traded up $0.77 during trading on Thursday, hitting $21.52. 756 shares of the stock traded hands, compared to its average volume of 44,612. The stock’s fifty day simple moving average is $21.73 and its 200 day simple moving average is $24.02. Peoples Utah Bancorp has a 52-week low of $13.55 and a 52-week high of $31.27. The firm has a market cap of $410.89 million, a P/E ratio of 8.83 and a beta of 0.92.
Peoples Utah Bancorp (NASDAQ:PUB) last released its quarterly earnings results on Wednesday, April 22nd. The bank reported $0.57 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.10. Peoples Utah Bancorp had a return on equity of 13.64% and a net margin of 33.06%. The firm had revenue of $30.96 million during the quarter, compared to analyst estimates of $30.12 million. On average, equities research analysts anticipate that Peoples Utah Bancorp will post 2.03 earnings per share for the current fiscal year.
Several brokerages have issued reports on PUB. Zacks Investment Research downgraded shares of Peoples Utah Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday. Raymond James upgraded Peoples Utah Bancorp from a “market perform” rating to an “outperform” rating and set a $24.00 target price for the company in a research report on Wednesday, June 17th. ValuEngine lowered shares of Peoples Utah Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, April 14th. Finally, BidaskClub upgraded shares of Peoples Utah Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, April 30th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. Peoples Utah Bancorp currently has a consensus rating of “Hold” and a consensus price target of $24.50.
About Peoples Utah Bancorp
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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