Media stories about People’s Utah Bancorp (NASDAQ:PUB) have trended somewhat positive on Saturday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. People’s Utah Bancorp earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 46.26582780541 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
PUB has been the topic of several analyst reports. BidaskClub upgraded People’s Utah Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, April 24th. Zacks Investment Research upgraded People’s Utah Bancorp from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a research report on Tuesday, May 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $35.50.
Shares of People’s Utah Bancorp traded up $0.20, hitting $34.05, during midday trading on Friday, Marketbeat Ratings reports. The company’s stock had a trading volume of 41,430 shares, compared to its average volume of 28,387. The stock has a market cap of $632.30 million, a PE ratio of 22.25, a price-to-earnings-growth ratio of 2.06 and a beta of 0.87. People’s Utah Bancorp has a 1-year low of $24.63 and a 1-year high of $34.25.
People’s Utah Bancorp (NASDAQ:PUB) last released its quarterly earnings data on Wednesday, April 25th. The bank reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. People’s Utah Bancorp had a return on equity of 12.18% and a net margin of 20.37%. The firm had revenue of $30.27 million during the quarter, compared to analysts’ expectations of $28.97 million. research analysts anticipate that People’s Utah Bancorp will post 2.05 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, May 14th. Shareholders of record on Monday, May 7th were given a $0.10 dividend. The ex-dividend date was Friday, May 4th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.17%. This is a boost from People’s Utah Bancorp’s previous quarterly dividend of $0.09. People’s Utah Bancorp’s payout ratio is currently 26.14%.
In related news, Director Jr. Fred W. Fairclough sold 1,700 shares of the business’s stock in a transaction dated Wednesday, May 16th. The stock was sold at an average price of $33.14, for a total transaction of $56,338.00. Following the transaction, the director now directly owns 52,776 shares in the company, valued at $1,748,996.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Rick W. Anderson sold 4,707 shares of the business’s stock in a transaction dated Wednesday, March 14th. The shares were sold at an average price of $32.57, for a total value of $153,306.99. Following the transaction, the insider now owns 9,293 shares in the company, valued at $302,673.01. The disclosure for this sale can be found here. Insiders sold 28,607 shares of company stock worth $912,985 over the last quarter. 18.33% of the stock is currently owned by corporate insiders.
People’s Utah Bancorp Company Profile
People's Utah Bancorp operates as the bank holding company for People's Intermountain Bank that provides retail and commercial banking products and services. The company accepts various deposits, such as checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit.
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