Peoples Bancorp Inc. (NASDAQ:PEBO) EVP Mark Augenstein Sells 995 Shares

Peoples Bancorp Inc. (NASDAQ:PEBO) EVP Mark Augenstein sold 995 shares of the company’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $29.86, for a total transaction of $29,710.70. Following the sale, the executive vice president now directly owns 15,577 shares in the company, valued at $465,129.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Peoples Bancorp Stock Performance

Shares of PEBO traded down $0.32 during trading hours on Monday, hitting $29.69. The company had a trading volume of 21,725 shares, compared to its average volume of 122,182. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 8.70 and a beta of 0.79. The business has a fifty day moving average of $26.64 and a 200-day moving average of $26.66. Peoples Bancorp Inc. has a 12 month low of $23.05 and a 12 month high of $31.36. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.17.

Peoples Bancorp (NASDAQ:PEBO) last released its quarterly earnings results on Tuesday, October 24th. The bank reported $1.06 EPS for the quarter, beating the consensus estimate of $0.90 by $0.16. Peoples Bancorp had a net margin of 22.51% and a return on equity of 13.48%. The business had revenue of $116.91 million for the quarter, compared to the consensus estimate of $110.95 million. Equities analysts anticipate that Peoples Bancorp Inc. will post 3.98 EPS for the current fiscal year.

Peoples Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 20th. Investors of record on Monday, November 6th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Friday, November 3rd. This represents a $1.56 annualized dividend and a dividend yield of 5.25%. Peoples Bancorp’s dividend payout ratio (DPR) is presently 45.22%.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Peoples Bancorp in a research report on Thursday, October 5th. They set a “hold” rating on the stock.

Hedge Funds Weigh In On Peoples Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the business. Price T Rowe Associates Inc. MD grew its stake in Peoples Bancorp by 0.9% during the second quarter. Price T Rowe Associates Inc. MD now owns 41,300 shares of the bank’s stock worth $1,099,000 after buying an additional 364 shares in the last quarter. Federated Hermes Inc. grew its stake in Peoples Bancorp by 1.6% during the third quarter. Federated Hermes Inc. now owns 24,023 shares of the bank’s stock worth $610,000 after buying an additional 382 shares in the last quarter. Shoker Investment Counsel Inc. grew its stake in Peoples Bancorp by 1.3% during the third quarter. Shoker Investment Counsel Inc. now owns 29,724 shares of the bank’s stock worth $754,000 after buying an additional 385 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Peoples Bancorp by 3.9% in the second quarter. D.A. Davidson & CO. now owns 11,048 shares of the bank’s stock worth $293,000 after acquiring an additional 410 shares during the last quarter. Finally, BNP Paribas Arbitrage SNC lifted its holdings in shares of Peoples Bancorp by 4.0% in the third quarter. BNP Paribas Arbitrage SNC now owns 10,909 shares of the bank’s stock worth $316,000 after acquiring an additional 415 shares during the last quarter. 53.80% of the stock is currently owned by institutional investors and hedge funds.

Peoples Bancorp Company Profile

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and retail 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.