People’s Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 2,000 shares of the stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $27.07, for a total value of $54,140.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

People’s Utah Bancorp (NASDAQ PUB) traded up 0.18% during trading on Thursday, hitting $27.15. The stock had a trading volume of 952 shares. The stock’s 50-day moving average price is $27.23 and its 200-day moving average price is $26.51. People’s Utah Bancorp has a 1-year low of $18.49 and a 1-year high of $29.35. The company has a market capitalization of $487.56 million, a P/E ratio of 19.26 and a beta of 0.97.

People’s Utah Bancorp (NASDAQ:PUB) last posted its earnings results on Friday, July 28th. The bank reported $0.35 EPS for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.01. People’s Utah Bancorp had a net margin of 27.79% and a return on equity of 11.13%. The company had revenue of $23.33 million during the quarter, compared to analysts’ expectations of $22.80 million. Analysts expect that People’s Utah Bancorp will post $1.46 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, August 14th. Investors of record on Monday, August 7th were given a dividend of $0.09 per share. This is a boost from People’s Utah Bancorp’s previous quarterly dividend of $0.08. The ex-dividend date was Thursday, August 3rd. This represents a $0.36 dividend on an annualized basis and a yield of 1.33%. People’s Utah Bancorp’s dividend payout ratio is presently 25.53%.

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A number of large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its stake in People’s Utah Bancorp by 191.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 61,445 shares of the bank’s stock worth $1,650,000 after buying an additional 40,356 shares during the last quarter. Nationwide Fund Advisors boosted its stake in People’s Utah Bancorp by 2.8% in the first quarter. Nationwide Fund Advisors now owns 8,422 shares of the bank’s stock worth $223,000 after buying an additional 232 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in People’s Utah Bancorp by 15.2% in the first quarter. Russell Investments Group Ltd. now owns 83,880 shares of the bank’s stock worth $2,219,000 after buying an additional 11,076 shares during the last quarter. DUPONT CAPITAL MANAGEMENT Corp boosted its stake in People’s Utah Bancorp by 96.8% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 25,201 shares of the bank’s stock worth $667,000 after buying an additional 12,393 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust purchased a new stake in People’s Utah Bancorp during the first quarter worth approximately $5,708,000. 31.14% of the stock is owned by institutional investors.

Several analysts have recently commented on PUB shares. TheStreet raised People’s Utah Bancorp from a “c” rating to a “b-” rating in a research note on Monday, June 12th. ValuEngine raised People’s Utah Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, BidaskClub raised People’s Utah Bancorp from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 13th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. People’s Utah Bancorp has a consensus rating of “Hold” and an average target price of $26.00.

About People’s Utah Bancorp

People’s Utah Bancorp is a bank holding company. As of December 31, 2016, the Company had 18 retail banking locations, two residential mortgage offices and other support facilities operated through its banking subsidiary, People’s Intermountain Bank (PIB or the Bank). The Company provides full-service retail banking in the state of Utah, including a range of banking and related services to locally owned businesses, professional firms, real-estate developers, residential home builders, high net-worth individuals, investors and other customers.

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