32,714 Shares in Peoples Bancorp Inc. (NASDAQ:PEBO) Bought by Hantz Financial Services Inc.

Hantz Financial Services Inc. purchased a new position in shares of Peoples Bancorp Inc. (NASDAQ:PEBO - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 32,714 shares of the bank's stock, valued at approximately $981,000. Hantz Financial Services Inc. owned approximately 0.09% of Peoples Bancorp as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in PEBO. AJOVista LLC bought a new stake in shares of Peoples Bancorp during the fourth quarter worth $36,000. Innealta Capital LLC bought a new stake in Peoples Bancorp during the 2nd quarter worth about $46,000. Future Financial Wealth Managment LLC acquired a new position in Peoples Bancorp during the 1st quarter valued at about $118,000. EntryPoint Capital LLC acquired a new position in Peoples Bancorp during the 1st quarter valued at about $129,000. Finally, Sapient Capital LLC bought a new position in shares of Peoples Bancorp in the 4th quarter valued at about $226,000. Institutional investors own 60.68% of the company's stock.

Peoples Bancorp Trading Up 1.0 %

Shares of PEBO traded up $0.31 on Friday, reaching $32.00. 117,024 shares of the company's stock were exchanged, compared to its average volume of 106,669. The business has a 50 day moving average price of $30.97 and a two-hundred day moving average price of $29.54. Peoples Bancorp Inc. has a 12 month low of $24.84 and a 12 month high of $34.85. The stock has a market capitalization of $1.14 billion, a P/E ratio of 9.58 and a beta of 0.76. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.22.

Peoples Bancorp (NASDAQ:PEBO - Get Free Report) last released its earnings results on Tuesday, July 23rd. The bank reported $0.84 EPS for the quarter, missing analysts' consensus estimates of $0.85 by ($0.01). The business had revenue of $154.47 million for the quarter, compared to analyst estimates of $111.30 million. Peoples Bancorp had a return on equity of 12.76% and a net margin of 20.58%. During the same period in the prior year, the firm posted $0.83 EPS. Research analysts anticipate that Peoples Bancorp Inc. will post 3.28 earnings per share for the current year.

Peoples Bancorp Dividend Announcement

The business also recently announced 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 5.00%. The ex-dividend date was Monday, August 5th. Peoples Bancorp's payout ratio is 47.90%.

Insiders Place Their Bets

In other news, Director David F. Dierker sold 4,000 shares of the company's stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $32.07, for a total value of $128,280.00. Following the completion of the sale, the director now directly owns 13,330 shares of the company's stock, valued at approximately $427,493.10. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders have sold 4,617 shares of company stock worth $148,524. Insiders own 3.46% of the company's stock.

Peoples Bancorp Profile

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.