Jr. Fred W. Fairclough Sells 1,700 Shares of Peoples Utah Bancorp (PUB) Stock

Peoples Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 1,700 shares of Peoples Utah Bancorp stock in a transaction that occurred on Wednesday, June 13th. The shares were sold at an average price of $36.85, for a total value of $62,645.00. Following the completion of the sale, the director now directly owns 49,376 shares in the company, valued at approximately $1,819,505.60. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Peoples Utah Bancorp traded down $0.10, hitting $36.70, during trading on Thursday, MarketBeat Ratings reports. 24,647 shares of the company were exchanged, compared to its average volume of 28,692. The firm has a market capitalization of $693.01 million, a price-to-earnings ratio of 24.02, a price-to-earnings-growth ratio of 2.26 and a beta of 0.93. Peoples Utah Bancorp has a fifty-two week low of $24.63 and a fifty-two week high of $38.10.

Peoples Utah Bancorp (NASDAQ:PUB) last posted its quarterly earnings results on Wednesday, April 25th. The bank reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.01. The firm had revenue of $30.27 million for the quarter, compared to analyst estimates of $28.97 million. Peoples Utah Bancorp had a return on equity of 12.18% and a net margin of 20.37%. equities research analysts forecast that Peoples Utah Bancorp will post 2.05 EPS for the current year.

Several large investors have recently bought and sold shares of the business. Schwab Charles Investment Management Inc. boosted its stake in shares of Peoples Utah Bancorp by 21.7% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 30,181 shares of the bank’s stock worth $915,000 after acquiring an additional 5,381 shares during the period. Cardinal Capital Management LLC CT boosted its stake in shares of Peoples Utah Bancorp by 25.6% during the 4th quarter. Cardinal Capital Management LLC CT now owns 10,783 shares of the bank’s stock worth $327,000 after acquiring an additional 2,200 shares during the period. Forest Hill Capital LLC boosted its stake in shares of Peoples Utah Bancorp by 0.6% during the 4th quarter. Forest Hill Capital LLC now owns 416,589 shares of the bank’s stock worth $12,623,000 after acquiring an additional 2,500 shares during the period. Davis Capital Partners LLC boosted its stake in shares of Peoples Utah Bancorp by 31.0% during the 4th quarter. Davis Capital Partners LLC now owns 538,846 shares of the bank’s stock worth $16,327,000 after acquiring an additional 127,539 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in shares of Peoples Utah Bancorp by 14.5% during the 4th quarter. Bank of New York Mellon Corp now owns 75,371 shares of the bank’s stock worth $2,284,000 after acquiring an additional 9,570 shares during the period. 36.50% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have weighed in on PUB shares. BidaskClub lowered Peoples Utah Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, February 28th. Zacks Investment Research lowered Peoples Utah Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. Finally, ValuEngine raised Peoples Utah Bancorp from a “hold” rating to a “buy” rating in a research report on Tuesday, May 22nd.

Peoples Utah Bancorp Company Profile

People's Utah Bancorp operates as the bank holding company for People's Intermountain Bank that provides retail and commercial banking products and services. The company accepts various deposits, such as checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit.

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

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