Shares of Peoples Bancorp Inc. (NASDAQ:PEBO) were up 3% on Thursday . The stock traded as high as $22.24 and last traded at $22.24, with a volume of 88,296 shares. The stock had previously closed at $21.60.

Several analysts recently weighed in on PEBO shares. Zacks Investment Research raised shares of Peoples Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, April 28th. TheStreet raised shares of Peoples Bancorp from a “hold” rating to a “buy” rating in a research note on Tuesday, April 26th. Finally, Hovde Group boosted their price objective on shares of Peoples Bancorp from $19.00 to $23.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 27th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $22.60.

The stock has a market cap of $395.18 million and a price-to-earnings ratio of 20.70. The company’s 50 day moving average price is $21.72 and its 200 day moving average price is $19.77.

Peoples Bancorp (NASDAQ:PEBO) last posted its earnings results on Tuesday, April 26th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.03. Equities analysts expect that Peoples Bancorp Inc. will post $1.68 EPS for the current fiscal year.

An institutional investor recently raised its position in Peoples Bancorp stock. Dimensional Fund Advisors LP raised its position in Peoples Bancorp Inc. (NASDAQ:PEBO) by 5.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 998,589 shares of the company’s stock after buying an additional 49,888 shares during the period. Dimensional Fund Advisors LP owned 5.50% of Peoples Bancorp worth $18,814,000 as of its most recent filing with the SEC.

Peoples Bancorp Inc is a financial holding company. The Company is engaged in banking, investment, insurance and trust solutions. The Company operates principally through its subsidiary, Peoples Bank, National Association (Peoples Bank). The Company’s products and services include demand deposit accounts, savings accounts, money market accounts and certificates of deposit.

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