Paul R. Gunther Sells 19,320 Shares of Peoples Utah Bancorp (PUB) Stock

Peoples Utah Bancorp (NASDAQ:PUB) Director Paul R. Gunther sold 19,320 shares of the business’s stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $29.15, for a total transaction of $563,178.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Shares of NASDAQ:PUB opened at $29.33 on Friday. The firm has a market cap of $544.92 million, a PE ratio of 13.71, a P/E/G ratio of 1.59 and a beta of 0.67. Peoples Utah Bancorp has a 52-week low of $27.78 and a 52-week high of $38.70.

Peoples Utah Bancorp (NASDAQ:PUB) last announced its quarterly earnings results on Monday, January 28th. The bank reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. The company had revenue of $31.63 million during the quarter, compared to the consensus estimate of $31.07 million. Peoples Utah Bancorp had a net margin of 31.00% and a return on equity of 14.90%. Research analysts predict that Peoples Utah Bancorp will post 2.28 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, February 11th. Stockholders of record on Monday, February 4th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Friday, February 1st. This represents a $0.44 annualized dividend and a dividend yield of 1.50%. Peoples Utah Bancorp’s dividend payout ratio (DPR) is presently 20.56%.

Several brokerages have commented on PUB. BidaskClub downgraded shares of Peoples Utah Bancorp from a “sell” rating to a “strong sell” rating in a research report on Thursday, February 14th. ValuEngine downgraded shares of Peoples Utah Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, February 12th. Finally, Zacks Investment Research downgraded shares of Peoples Utah Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, January 1st.

Large investors have recently made changes to their positions in the company. MetLife Investment Advisors LLC increased its holdings in shares of Peoples Utah Bancorp by 57.5% during the third quarter. MetLife Investment Advisors LLC now owns 11,043 shares of the bank’s stock worth $375,000 after buying an additional 4,032 shares in the last quarter. Vanguard Group Inc increased its holdings in shares of Peoples Utah Bancorp by 4.7% during the third quarter. Vanguard Group Inc now owns 772,678 shares of the bank’s stock worth $26,233,000 after buying an additional 34,600 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Peoples Utah Bancorp by 19.6% during the second quarter. Northern Trust Corp now owns 192,245 shares of the bank’s stock worth $6,862,000 after buying an additional 31,522 shares in the last quarter. Wasatch Advisors Inc. increased its holdings in shares of Peoples Utah Bancorp by 13.8% during the third quarter. Wasatch Advisors Inc. now owns 557,406 shares of the bank’s stock worth $18,924,000 after buying an additional 67,550 shares in the last quarter. Finally, Matarin Capital Management LLC acquired a new position in shares of Peoples Utah Bancorp during the third quarter worth $1,005,000. Institutional investors own 37.87% of the company’s stock.

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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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