Peoples Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 2,000 shares of the stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $30.17, for a total transaction of $60,340.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Peoples Utah Bancorp (NASDAQ PUB) opened at $30.95 on Friday. The company has a market cap of $557.90, a PE ratio of 21.49, a price-to-earnings-growth ratio of 2.11 and a beta of 0.98. Peoples Utah Bancorp has a 1 year low of $23.95 and a 1 year high of $33.60.

Several research firms have commented on PUB. BidaskClub lowered shares of Peoples Utah Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. Zacks Investment Research lowered shares of Peoples Utah Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 28th. Finally, ValuEngine lowered shares of Peoples Utah Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd.

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Peoples Utah Bancorp by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 566,888 shares of the bank’s stock valued at $15,193,000 after purchasing an additional 15,655 shares during the last quarter. Davis Capital Partners LLC raised its position in shares of Peoples Utah Bancorp by 68.7% in the 3rd quarter. Davis Capital Partners LLC now owns 411,307 shares of the bank’s stock valued at $13,346,000 after purchasing an additional 167,536 shares during the last quarter. Wasatch Advisors Inc. raised its position in shares of Peoples 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 last quarter. State Street Corp raised its position in shares of Peoples Utah Bancorp by 14.4% in the 2nd quarter. State Street Corp now owns 225,316 shares of the bank’s stock valued at $6,036,000 after purchasing an additional 28,411 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Peoples 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 last quarter. 31.82% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: “Peoples Utah Bancorp (PUB) Director Sells $60,340.00 in Stock” was first published by Watch List News and is the property of of Watch List News. If you are viewing this article on another site, it was illegally stolen and reposted in violation of US & international copyright laws. The legal version of this article can be viewed at https://www.watchlistnews.com/peoples-utah-bancorp-pub-director-sells-60340-00-in-stock/1797231.html.

Peoples 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 Peoples Utah Bancorp (NASDAQ:PUB)

Receive News & Ratings for Peoples Utah Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peoples Utah Bancorp and related companies with Analyst Ratings Network's FREE daily email newsletter.