Somewhat Negative News Coverage Somewhat Unlikely to Impact People’s Utah Bancorp (PUB) Stock Price
Headlines about People’s Utah Bancorp (NASDAQ:PUB) have been trending somewhat negative on Sunday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. People’s Utah Bancorp earned a daily sentiment score of -0.01 on Accern’s scale. Accern also gave media stories about the bank an impact score of 45.2827584947115 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media stories that may have impacted Accern’s analysis:
- People’s Utah Bancorp (PUB) versus Its Peers Head to Head Analysis (americanbankingnews.com)
- People’s Utah Bancorp About To Put More Money In Your Pocket (thestreet.com)
- People’s Utah Bancorp (PUB) Downgraded by Zacks Investment Research to Sell (americanbankingnews.com)
- $27.53 Million in Sales Expected for People’s Utah Bancorp (PUB) This Quarter (americanbankingnews.com)
- Are The Private Equity Barbarians At The Gates Of Madison Avenue? (finance.yahoo.com)
Shares of People’s Utah Bancorp (PUB) traded down $0.16 during mid-day trading on Friday, reaching $31.15. The company had a trading volume of 17,716 shares, compared to its average volume of 17,678. The company has a market capitalization of $561.42, a PE ratio of 21.63, a P/E/G ratio of 2.71 and a beta of 1.00. People’s Utah Bancorp has a 52-week low of $19.25 and a 52-week high of $33.60.
The company also recently announced a quarterly dividend, which will be paid on Monday, November 13th. Investors of record on Monday, November 6th will be given a $0.09 dividend. The ex-dividend date is Friday, November 3rd. This represents a $0.36 annualized dividend and a yield of 1.16%. People’s Utah Bancorp’s dividend payout ratio (DPR) is currently 25.53%.
PUB has been the subject of several research reports. BidaskClub cut People’s Utah Bancorp from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Zacks Investment Research cut People’s Utah Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, ValuEngine cut People’s Utah Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd.
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In other People’s Utah Bancorp news, Director Jr. Fred W. Fairclough sold 1,700 shares of People’s Utah Bancorp stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $26.87, for a total transaction of $45,679.00. Following the completion of the transaction, the director now directly owns 42,960 shares of the company’s stock, valued at $1,154,335.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Richard T. Beard sold 12,170 shares of People’s Utah Bancorp stock in a transaction on Monday, August 21st. The shares were sold at an average price of $27.00, for a total value of $328,590.00. Following the transaction, the chief executive officer now directly owns 117,850 shares of the company’s stock, valued at $3,181,950. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 192,180 shares of company stock valued at $5,269,170. 25.21% of the stock is owned by company insiders.
About People’s Utah Bancorp
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.
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