Peoples Bancorp Inc. (NASDAQ:PEBO) Director Carol A. Schneeberger Sells 1,000 Shares

Peoples Bancorp Inc. (NASDAQ:PEBO - Get Free Report) Director Carol A. Schneeberger sold 1,000 shares of the company's stock in a transaction on Monday, September 9th. The stock was sold at an average price of $30.33, for a total transaction of $30,330.00. Following the transaction, the director now owns 29,963 shares of the company's stock, valued at approximately $908,777.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Peoples Bancorp Price Performance

Peoples Bancorp stock traded up $0.04 during midday trading on Monday, reaching $30.21. 102,479 shares of the stock traded hands, compared to its average volume of 125,614. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.22. Peoples Bancorp Inc. has a 12 month low of $24.84 and a 12 month high of $34.85. The stock's fifty day moving average is $31.16 and its 200-day moving average is $29.64. The stock has a market cap of $1.07 billion, a P/E ratio of 9.04 and a beta of 0.75.

Peoples Bancorp (NASDAQ:PEBO - Get Free Report) last issued its quarterly earnings data on Tuesday, July 23rd. The bank reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.85 by ($0.01). Peoples Bancorp had a net margin of 20.58% and a return on equity of 12.76%. The company had revenue of $154.47 million for the quarter, compared to analysts' expectations of $111.30 million. During the same quarter last year, the company earned $0.83 earnings per share. As a group, equities research analysts anticipate that Peoples Bancorp Inc. will post 3.28 EPS for the current year.

Peoples Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 19th. Shareholders of record on Monday, August 5th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 5.30%. The ex-dividend date of this dividend was Monday, August 5th. Peoples Bancorp's payout ratio is currently 47.90%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PEBO. Dimensional Fund Advisors LP increased its stake in Peoples Bancorp by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 2,465,385 shares of the bank's stock worth $73,960,000 after purchasing an additional 6,712 shares during the period. Vanguard Group Inc. boosted its position in Peoples Bancorp by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 1,904,357 shares of the bank's stock valued at $56,388,000 after buying an additional 18,272 shares during the period. Franklin Resources Inc. grew its stake in Peoples Bancorp by 13.3% in the 4th quarter. Franklin Resources Inc. now owns 1,815,196 shares of the bank's stock worth $61,281,000 after acquiring an additional 213,264 shares in the last quarter. American Century Companies Inc. increased its position in shares of Peoples Bancorp by 26.7% during the second quarter. American Century Companies Inc. now owns 586,015 shares of the bank's stock worth $17,580,000 after acquiring an additional 123,423 shares during the period. Finally, Brown Advisory Inc. boosted its holdings in shares of Peoples Bancorp by 160.6% in the fourth quarter. Brown Advisory Inc. now owns 552,649 shares of the bank's stock valued at $18,657,000 after purchasing an additional 340,566 shares during the period. Institutional investors own 60.68% of the company's stock.

About Peoples Bancorp

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.