Victory Capital Management Inc. Has $1.05 Million Position in Peoples Bancorp Inc. (NASDAQ:PEBO)

Victory Capital Management Inc. raised its position in Peoples Bancorp Inc. (NASDAQ:PEBO) by 3.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 35,050 shares of the bank’s stock after purchasing an additional 1,050 shares during the period. Victory Capital Management Inc.’s holdings in Peoples Bancorp were worth $1,052,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. boosted its position in shares of Peoples Bancorp by 13.3% in the fourth quarter. Franklin Resources Inc. now owns 1,815,196 shares of the bank’s stock valued at $61,281,000 after acquiring an additional 213,264 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Peoples Bancorp by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,412,411 shares of the bank’s stock valued at $81,444,000 after purchasing an additional 51,087 shares during the period. Boston Partners bought a new stake in Peoples Bancorp in the 1st quarter valued at about $710,000. Vanguard Group Inc. grew its position in shares of Peoples Bancorp by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 1,904,357 shares of the bank’s stock worth $56,388,000 after purchasing an additional 18,272 shares in the last quarter. Finally, Alpha DNA Investment Management LLC bought a new position in shares of Peoples Bancorp during the fourth quarter worth approximately $526,000. Institutional investors own 60.68% of the company’s stock.

Insider Buying and Selling

In other Peoples Bancorp news, Director David F. Dierker sold 4,000 shares of the firm’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $32.07, for a total value of $128,280.00. Following the transaction, the director now directly owns 13,330 shares of the company’s stock, valued at approximately $427,493.10. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Peoples Bancorp news, Director David F. Dierker sold 4,000 shares of the company’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $32.07, for a total transaction of $128,280.00. Following the completion of the sale, the director now directly owns 13,330 shares in the company, valued at $427,493.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Carol A. Schneeberger sold 1,000 shares of the firm’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $30.33, for a total value of $30,330.00. Following the completion of the sale, the director now directly owns 29,963 shares in the company, valued at approximately $908,777.79. The disclosure for this sale can be found here. Insiders sold 5,617 shares of company stock valued at $178,854 over the last quarter. 3.46% of the stock is owned by company insiders.

Peoples Bancorp Stock Down 5.5 %

NASDAQ PEBO opened at $30.56 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.22. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 9.15 and a beta of 0.75. The company has a 50 day moving average of $31.35 and a 200-day moving average of $29.77. Peoples Bancorp Inc. has a 1-year low of $24.84 and a 1-year high of $34.85.

Peoples Bancorp (NASDAQ:PEBO) last announced its quarterly earnings data on Tuesday, July 23rd. The bank reported $0.84 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.01). The company had revenue of $154.47 million during the quarter, compared to analyst estimates of $111.30 million. Peoples Bancorp had a net margin of 20.58% and a return on equity of 12.76%. During the same period in the prior year, the firm earned $0.83 earnings per share. On average, equities research analysts expect that Peoples Bancorp Inc. will post 3.28 earnings per share for the current fiscal year.

Peoples Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 19th. Investors of record on Monday, August 5th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 5.24%. The ex-dividend date was Monday, August 5th. Peoples Bancorp’s dividend payout ratio (DPR) is presently 47.90%.

Peoples Bancorp Company 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.