Peoples Bancorp Inc. (NASDAQ:PEBO)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $22.25 and last traded at $22.24, with a volume of 12,738 shares. The stock had previously closed at $22.25.

Several equities analysts have issued reports on PEBO shares. Zacks Investment Research raised shares of Peoples Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, April 28th. TheStreet raised shares of Peoples Bancorp from a “hold” rating to a “buy” rating in a report on Tuesday, April 26th. Finally, Hovde Group lifted their price target on shares of Peoples Bancorp from $19.00 to $23.00 and gave the stock a “market perform” rating in a report 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. Peoples Bancorp presently has an average rating of “Buy” and a consensus price target of $22.60.

The company has a market cap of $403.07 million and a PE ratio of 21.12. The firm’s 50 day moving average price is $21.79 and its 200 day moving average price is $19.95.

Peoples Bancorp (NASDAQ:PEBO) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. On average, equities research analysts predict that Peoples Bancorp Inc. will post $1.68 EPS for the current fiscal year.

A hedge fund recently raised its stake 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 filing with the Securities and Exchange Commission (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 approximately 5.50% of Peoples Bancorp worth $18,814,000 at the end of the most recent quarter.

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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