Peoples Bancorp Inc. (NASDAQ:PEBO) Director S Craig Beam sold 975 shares of the company’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $34.00, for a total value of $33,150.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

S Craig Beam also recently made the following trade(s):

  • On Friday, September 29th, S Craig Beam sold 400 shares of Peoples Bancorp stock. The shares were sold at an average price of $34.00, for a total value of $13,600.00.
  • On Monday, October 2nd, S Craig Beam sold 275 shares of Peoples Bancorp stock. The shares were sold at an average price of $34.00, for a total value of $9,350.00.
  • On Thursday, September 28th, S Craig Beam sold 600 shares of Peoples Bancorp stock. The shares were sold at an average price of $34.00, for a total value of $20,400.00.
  • On Tuesday, September 26th, S Craig Beam sold 206 shares of Peoples Bancorp stock. The shares were sold at an average price of $33.54, for a total value of $6,909.24.
  • On Wednesday, September 27th, S Craig Beam sold 7,939 shares of Peoples Bancorp stock. The shares were sold at an average price of $33.77, for a total value of $268,100.03.
  • On Wednesday, September 20th, S Craig Beam sold 2,500 shares of Peoples Bancorp stock. The shares were sold at an average price of $32.66, for a total value of $81,650.00.

Shares of Peoples Bancorp Inc. (PEBO) traded up 1.26% during mid-day trading on Thursday, reaching $33.73. The company’s stock had a trading volume of 15,464 shares. The firm has a 50 day moving average price of $31.67 and a 200 day moving average price of $31.96. The firm has a market cap of $607.68 million, a price-to-earnings ratio of 18.23 and a beta of 0.78. Peoples Bancorp Inc. has a 52-week low of $24.09 and a 52-week high of $35.43.

Peoples Bancorp (NASDAQ:PEBO) last released its quarterly earnings results on Tuesday, July 25th. The bank reported $0.53 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.07. The business had revenue of $41.68 million during the quarter, compared to analysts’ expectations of $40.81 million. Peoples Bancorp had a return on equity of 7.63% and a net margin of 19.67%. On average, equities analysts predict that Peoples Bancorp Inc. will post $2.03 EPS for the current fiscal year.

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A number of research analysts recently commented on PEBO shares. BidaskClub lowered Peoples Bancorp from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Boenning Scattergood restated a “hold” rating on shares of Peoples Bancorp in a research note on Wednesday, July 26th. Keefe, Bruyette & Woods restated a “neutral” rating on shares of Peoples Bancorp in a research note on Tuesday, July 25th. Finally, Zacks Investment Research lowered Peoples Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 27th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $35.00.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its holdings in Peoples Bancorp by 2.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,296,046 shares of the bank’s stock valued at $41,642,000 after acquiring an additional 30,815 shares in the last quarter. Vanguard Group Inc. raised its holdings in Peoples Bancorp by 8.5% in the 2nd quarter. Vanguard Group Inc. now owns 739,754 shares of the bank’s stock valued at $23,768,000 after acquiring an additional 58,021 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in Peoples Bancorp by 2.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 453,425 shares of the bank’s stock valued at $14,568,000 after acquiring an additional 12,302 shares in the last quarter. State Street Corp raised its holdings in Peoples Bancorp by 32.5% in the 2nd quarter. State Street Corp now owns 403,950 shares of the bank’s stock valued at $12,976,000 after acquiring an additional 99,066 shares in the last quarter. Finally, LSV Asset Management raised its holdings in Peoples Bancorp by 5.9% in the 2nd quarter. LSV Asset Management now owns 397,940 shares of the bank’s stock valued at $12,785,000 after acquiring an additional 22,092 shares in the last quarter. 62.56% of the stock is owned by hedge funds and other institutional investors.

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.

Insider Buying and Selling by Quarter for Peoples Bancorp (NASDAQ:PEBO)

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