Peoples Bancorp Inc. (PEBO) Stake Held by Swiss National Bank
Swiss National Bank held its position in Peoples Bancorp Inc. (NASDAQ:PEBO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,100 shares of the company’s stock at the end of the second quarter. Swiss National Bank owned 0.13% of Peoples Bancorp worth $525,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its position in Peoples Bancorp by 2.0% in the second quarter. Bank of New York Mellon Corp now owns 109,429 shares of the company’s stock worth $2,384,000 after buying an additional 2,154 shares during the last quarter. American Century Companies Inc. acquired a new position in Peoples Bancorp during the second quarter worth $280,000. Deprince Race & Zollo Inc. acquired a new position in Peoples Bancorp during the second quarter worth $4,087,000. Finally, Strs Ohio acquired a new position in Peoples Bancorp during the second quarter worth $226,000. 60.64% of the stock is owned by institutional investors.
Shares of Peoples Bancorp Inc. (NASDAQ:PEBO) traded up 0.45% during trading on Friday, hitting $24.58. The company’s stock had a trading volume of 19,193 shares. Peoples Bancorp Inc. has a one year low of $16.34 and a one year high of $24.98. The stock has a market cap of $440.89 million, a PE ratio of 19.76 and a beta of 0.88. The company has a 50-day moving average price of $24.31 and a 200-day moving average price of $22.20.
Peoples Bancorp (NASDAQ:PEBO) last posted its earnings results on Tuesday, July 26th. The company reported $0.44 EPS for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.03. Peoples Bancorp had a return on equity of 5.30% and a net margin of 13.88%. Equities analysts predict that Peoples Bancorp Inc. will post $1.73 EPS for the current fiscal year.
PEBO has been the subject of a number of analyst reports. Zacks Investment Research raised Peoples Bancorp from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a report on Thursday, July 28th. Keefe, Bruyette & Woods increased their target price on Peoples Bancorp from $22.50 to $24.50 and gave the company a “market perform” rating in a report on Wednesday, July 27th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $23.70.
Peoples Bancorp Company Profile
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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