Peoples Bancorp Inc (NASDAQ:PEBO): Stock Institutional Investors Like

June 14, 2018 - By Harriett Tippett

Peoples Bancorp Inc. (NASDAQ:PEBO) Logo

Sentiment for Peoples Bancorp Inc (NASDAQ:PEBO)

Peoples Bancorp Inc (NASDAQ:PEBO) institutional sentiment increased to 2.09 in 2018 Q1. Its up 1.11, from 0.98 in 2017Q4. The ratio is more positive, as 67 funds increased or started new holdings, while 32 sold and decreased their holdings in Peoples Bancorp Inc. The funds in our partner’s database now have: 10.73 million shares, up from 10.43 million shares in 2017Q4. Also, the number of funds holding Peoples Bancorp Inc in their top 10 holdings decreased from 1 to 0 for a decrease of 1. Sold All: 1 Reduced: 31 Increased: 47 New Position: 20.

Peoples Bancorp Inc. operates as the holding firm for Peoples Bank that provides commercial and retail banking services and products. The company has market cap of $694.23 million. The firm accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate loans, real estate construction loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and direct and indirect consumer loans. It has a 18.21 P/E ratio. It also offers overdraft protection services; debit and automated teller machine cards; corporate and personal trust services; safe deposit rental facilities; money orders and cashierÂ’s checks; and telephone, mobile, and Internet banking services.

The stock increased 0.50% or $0.19 during the last trading session, reaching $38.25. About 38,327 shares traded. Peoples Bancorp Inc. (NASDAQ:PEBO) has risen 20.35% since June 14, 2017 and is uptrending. It has outperformed by 7.78% the S&P500.

Analysts await Peoples Bancorp Inc. (NASDAQ:PEBO) to report earnings on July, 24. They expect $0.61 earnings per share, up 15.09 % or $0.08 from last year’s $0.53 per share. PEBO’s profit will be $11.07M for 15.68 P/E if the $0.61 EPS becomes a reality. After $0.56 actual earnings per share reported by Peoples Bancorp Inc. for the previous quarter, Wall Street now forecasts 8.93 % EPS growth.

Pl Capital Advisors Llc holds 2.03% of its portfolio in Peoples Bancorp Inc. for 204,024 shares. Elizabeth Park Capital Advisors Ltd. owns 116,795 shares or 1.18% of their US portfolio. Moreover, Banc Funds Co Llc has 0.97% invested in the company for 536,917 shares. The California-based Private Management Group Inc has invested 0.75% in the stock. Foundry Partners Llc, a Minnesota-based fund reported 220,935 shares.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $35,264 activity.

Peoples Bancorp Inc. (NASDAQ:PEBO) Ratings Coverage

Ratings analysis reveals 0 of Peoples Bancorp Inc’s analysts are positive. Out of 3 Wall Street analysts rating Peoples Bancorp Inc, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $37.0 while the high is $4200. The stock’s average target of $40 is 4.58% above today’s ($38.25) share price. PEBO was included in 6 notes of analysts from December 21, 2017. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, April 24. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. Hovde Group maintained it with “Hold” rating and $3900 target in Tuesday, April 24 report. The firm earned “Hold” rating on Friday, March 16 by Sandler O’Neill. Sandler O’Neill maintained the stock with “Hold” rating in Tuesday, January 23 report. On Monday, February 26 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

Peoples Bancorp Inc. (NASDAQ:PEBO) Institutional Positions Chart

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