Bowling Portfolio Management LLC boosted its position in Peoples Bancorp Inc. (NASDAQ:PEBO) by 280.2% during the 4th quarter, Holdings Channel reports. The firm owned 56,829 shares of the bank’s stock after buying an additional 41,881 shares during the quarter. Bowling Portfolio Management LLC’s holdings in Peoples Bancorp were worth $1,854,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Bank of Montreal Can lifted its position in Peoples Bancorp by 6.3% in the 4th quarter. Bank of Montreal Can now owns 28,819 shares of the bank’s stock valued at $941,000 after purchasing an additional 1,706 shares during the last quarter. GSA Capital Partners LLP increased its stake in Peoples Bancorp by 84.8% during the 3rd quarter. GSA Capital Partners LLP now owns 14,663 shares of the bank’s stock valued at $493,000 after buying an additional 6,728 shares during the period. California Public Employees Retirement System increased its stake in Peoples Bancorp by 6.8% during the 3rd quarter. California Public Employees Retirement System now owns 54,047 shares of the bank’s stock valued at $1,815,000 after buying an additional 3,447 shares during the period. Dimensional Fund Advisors LP increased its stake in Peoples Bancorp by 2.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,323,779 shares of the bank’s stock valued at $44,466,000 after buying an additional 27,733 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its stake in Peoples Bancorp by 91.0% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 78,499 shares of the bank’s stock valued at $2,637,000 after buying an additional 37,399 shares during the period. Hedge funds and other institutional investors own 63.52% of the company’s stock.

PEBO has been the topic of several research analyst reports. Zacks Investment Research cut shares of Peoples Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. BidaskClub raised shares of Peoples Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. Sandler O’Neill reissued a “hold” rating and set a $37.00 target price on shares of Peoples Bancorp in a research note on Tuesday. Boenning Scattergood reissued a “hold” rating on shares of Peoples Bancorp in a research note on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $34.00 target price on shares of Peoples Bancorp in a research note on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $35.25.

Peoples Bancorp Inc. (NASDAQ:PEBO) opened at $34.26 on Wednesday. The stock has a market cap of $623.93, a P/E ratio of 16.96, a PEG ratio of 1.96 and a beta of 0.73. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.43. Peoples Bancorp Inc. has a 52 week low of $29.55 and a 52 week high of $35.43.

Peoples Bancorp (NASDAQ:PEBO) last announced its quarterly earnings data on Tuesday, October 24th. The bank reported $0.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.09. The company had revenue of $41.83 million for the quarter, compared to analysts’ expectations of $41.96 million. Peoples Bancorp had a net margin of 21.10% and a return on equity of 7.99%. research analysts expect that Peoples Bancorp Inc. will post 2.1 earnings per share for the current fiscal year.

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About Peoples Bancorp

Peoples Bancorp Inc is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency, LLC (Peoples Insurance) and two asset management companies, PBNA, LLC and Peoples Tax Credit Equity, LLC. Peoples Investment Company has one subsidiary, Peoples Capital Corporation.

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Institutional Ownership by Quarter for Peoples Bancorp (NASDAQ:PEBO)

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