Brokerages expect that Peoples Utah Bancorp (NASDAQ:PUB) will announce earnings per share (EPS) of $0.39 for the current quarter, according to Zacks. Two analysts have made estimates for Peoples Utah Bancorp’s earnings, with estimates ranging from $0.38 to $0.39. Peoples Utah Bancorp reported earnings of $0.36 per share in the same quarter last year, which indicates a positive year over year growth rate of 8.3%. The firm is scheduled to report its next quarterly earnings report on Wednesday, January 24th.

According to Zacks, analysts expect that Peoples Utah Bancorp will report full year earnings of $1.44 per share for the current year, with EPS estimates ranging from $1.43 to $1.44. For the next fiscal year, analysts expect that the company will post earnings of $1.72 per share, with EPS estimates ranging from $1.69 to $1.75. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Peoples Utah Bancorp.

Several analysts have recently issued reports on PUB shares. ValuEngine cut shares of Peoples Utah Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. BidaskClub upgraded shares of Peoples Utah Bancorp from a “hold” rating to a “buy” rating in a research note on Thursday, September 21st. Finally, Zacks Investment Research lowered shares of Peoples Utah Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st.

Shares of Peoples Utah Bancorp (PUB) traded down $1.05 on Wednesday, hitting $30.45. 15,500 shares of the stock traded hands, compared to its average volume of 26,159. The firm has a market capitalization of $567.81, a PE ratio of 21.88, a PEG ratio of 2.74 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.

The company also recently announced a quarterly dividend, which was paid on Monday, November 13th. Investors of record on Monday, November 6th were paid a dividend of $0.09 per share. The ex-dividend date was Friday, November 3rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.18%. Peoples Utah Bancorp’s payout ratio is 25.53%.

In other Peoples Utah Bancorp news, Director Jr. Fred W. Fairclough sold 45,115 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $27.02, for a total value of $1,219,007.30. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Jr. Fred W. Fairclough sold 1,700 shares of the stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $30.45, for a total transaction of $51,765.00. The disclosure for this sale can be found here. Insiders have sold 168,100 shares of company stock worth $4,807,447 over the last 90 days. Insiders own 25.21% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the business. TIAA CREF Investment Management LLC increased its stake in Peoples Utah Bancorp by 1.6% in the second quarter. TIAA CREF Investment Management LLC now owns 36,302 shares of the bank’s stock valued at $973,000 after purchasing an additional 558 shares during the last quarter. Rhumbline Advisers increased its stake in Peoples Utah Bancorp by 6.5% in the second quarter. Rhumbline Advisers now owns 15,041 shares of the bank’s stock valued at $403,000 after purchasing an additional 915 shares during the last quarter. Teachers Advisors LLC increased its stake in Peoples Utah Bancorp by 4.5% in the second quarter. Teachers Advisors LLC now owns 22,703 shares of the bank’s stock valued at $608,000 after purchasing an additional 987 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Peoples Utah Bancorp by 10.5% in the second quarter. The Manufacturers Life Insurance Company now owns 12,135 shares of the bank’s stock valued at $326,000 after purchasing an additional 1,156 shares during the last quarter. Finally, Context BH Capital Management LP increased its stake in Peoples Utah Bancorp by 2.7% in the second quarter. Context BH Capital Management LP now owns 53,683 shares of the bank’s stock valued at $1,439,000 after purchasing an additional 1,400 shares during the last quarter. Institutional investors own 31.82% of the company’s stock.

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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.

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