Peoples Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 2,000 shares of the business’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $30.41, for a total transaction of $60,820.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of Peoples Utah Bancorp (PUB) traded down $0.05 during mid-day trading on Friday, hitting $30.55. 15,521 shares of the stock were exchanged, compared to its average volume of 17,399. Peoples Utah Bancorp has a 12-month low of $23.95 and a 12-month high of $33.60. The company has a market cap of $551.59, a P/E ratio of 21.25, a price-to-earnings-growth ratio of 2.67 and a beta of 0.98.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 13th. Stockholders of record on Monday, November 6th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Friday, November 3rd. Peoples Utah Bancorp’s payout ratio is 25.53%.
A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Peoples Utah Bancorp by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 566,888 shares of the bank’s stock worth $15,193,000 after buying an additional 15,655 shares during the period. Davis Capital Partners LLC boosted its holdings in Peoples Utah Bancorp by 68.7% in the 3rd quarter. Davis Capital Partners LLC now owns 411,307 shares of the bank’s stock worth $13,346,000 after buying an additional 167,536 shares during the period. Wasatch Advisors Inc. boosted its holdings in Peoples Utah Bancorp by 5.2% in the 3rd quarter. Wasatch Advisors Inc. now owns 250,954 shares of the bank’s stock worth $8,143,000 after buying an additional 12,324 shares during the period. State Street Corp boosted its holdings in Peoples Utah Bancorp by 14.4% in the 2nd quarter. State Street Corp now owns 225,316 shares of the bank’s stock worth $6,036,000 after buying an additional 28,411 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Peoples Utah Bancorp by 29.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 168,105 shares of the bank’s stock worth $5,455,000 after buying an additional 38,397 shares during the period. 31.82% of the stock is owned by institutional investors.
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About Peoples 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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