People’s Utah Bancorp (NASDAQ:PUB) CFO Wolfgang T. N. Muelleck sold 6,231 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $30.07, for a total transaction of $187,366.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of People’s Utah Bancorp (PUB) opened at $30.30 on Friday. People’s Utah Bancorp has a 1-year low of $22.80 and a 1-year high of $33.60. The firm has a market cap of $556.99, a PE ratio of 21.46, a price-to-earnings-growth ratio of 2.69 and a beta of 1.00.

The firm also recently declared a quarterly dividend, which was paid on Monday, November 13th. Shareholders of record on Monday, November 6th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date was Friday, November 3rd. People’s Utah Bancorp’s payout ratio is 25.53%.

A number of equities analysts recently issued reports on PUB shares. BidaskClub upgraded shares of People’s Utah Bancorp from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Zacks Investment Research lowered shares of People’s Utah Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 28th. Finally, ValuEngine downgraded shares of People’s Utah Bancorp from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.

A number of hedge funds have recently bought and sold shares of the business. Davis Capital Partners LLC lifted its stake in People’s Utah Bancorp by 68.7% during the third quarter. Davis Capital Partners LLC now owns 411,307 shares of the bank’s stock valued at $13,346,000 after buying an additional 167,536 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of People’s Utah Bancorp by 29.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 168,105 shares of the bank’s stock valued at $5,455,000 after purchasing an additional 38,397 shares during the period. Wells Fargo & Company MN increased its holdings in shares of People’s Utah Bancorp by 15.9% in the 3rd quarter. Wells Fargo & Company MN now owns 14,917 shares of the bank’s stock valued at $408,000 after purchasing an additional 2,047 shares during the period. Wasatch Advisors Inc. increased its holdings in shares of People’s Utah Bancorp by 5.2% in the 3rd quarter. Wasatch Advisors Inc. now owns 250,954 shares of the bank’s stock valued at $8,143,000 after purchasing an additional 12,324 shares during the period. Finally, Macquarie Group Ltd. acquired a new position in shares of People’s Utah Bancorp in the 3rd quarter valued at about $182,000. 31.43% of the stock is owned by institutional investors.

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People’s Utah Bancorp Company Profile

People’s Utah Bancorp is a bank holding company. As of December 31, 2016, the Company had 18 retail banking locations, two residential mortgage offices and other support facilities operated through its banking subsidiary, People’s Intermountain Bank (PIB or the Bank). The Company provides full-service retail banking in the state of Utah, including a range of banking and related services to locally owned businesses, professional firms, real-estate developers, residential home builders, high net-worth individuals, investors and other customers.

Insider Buying and Selling by Quarter for People`s Utah Bancorp (NASDAQ:PUB)

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