Peoples Bancorp Inc. (NASDAQ:PEBO) Director S Craig Beam sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $32.66, for a total transaction of $81,650.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Peoples Bancorp Inc. (NASDAQ:PEBO) opened at 32.09 on Friday. The firm has a 50-day moving average of $31.10 and a 200 day moving average of $31.88. Peoples Bancorp Inc. has a 1-year low of $24.02 and a 1-year high of $35.43. The stock has a market cap of $578.13 million, a price-to-earnings ratio of 17.35 and a beta of 0.77.

Peoples Bancorp (NASDAQ:PEBO) last posted its quarterly earnings data on Tuesday, July 25th. The bank reported $0.53 EPS for the quarter, topping the consensus estimate of $0.46 by $0.07. Peoples Bancorp had a net margin of 19.67% and a return on equity of 7.63%. The business had revenue of $41.68 million for the quarter, compared to analyst estimates of $40.81 million. Equities research analysts forecast that Peoples Bancorp Inc. will post $2.03 earnings per share for the current year.

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Several equities analysts recently weighed in on PEBO shares. ValuEngine raised shares of Peoples Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research cut shares of Peoples Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, June 28th. BidaskClub cut shares of Peoples Bancorp from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th. Keefe, Bruyette & Woods reaffirmed a “neutral” rating on shares of Peoples Bancorp in a research report on Tuesday, July 25th. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of Peoples Bancorp in a research report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $34.33.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Parametric Portfolio Associates LLC lifted its stake in shares of Peoples Bancorp by 1.3% in the first quarter. Parametric Portfolio Associates LLC now owns 15,961 shares of the bank’s stock worth $505,000 after buying an additional 210 shares in the last quarter. Thrivent Financial For Lutherans lifted its stake in shares of Peoples Bancorp by 2.7% in the second quarter. Thrivent Financial For Lutherans now owns 23,050 shares of the bank’s stock worth $741,000 after buying an additional 600 shares in the last quarter. Context BH Capital Management LP lifted its stake in shares of Peoples Bancorp by 1.6% in the second quarter. Context BH Capital Management LP now owns 37,404 shares of the bank’s stock worth $1,202,000 after buying an additional 600 shares in the last quarter. American International Group Inc. lifted its stake in shares of Peoples Bancorp by 7.1% in the first quarter. American International Group Inc. now owns 9,897 shares of the bank’s stock worth $313,000 after buying an additional 659 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of Peoples Bancorp by 6.6% in the first quarter. Russell Investments Group Ltd. now owns 13,378 shares of the bank’s stock worth $423,000 after buying an additional 834 shares in the last quarter. Hedge funds and other institutional investors own 62.56% of the company’s stock.

About Peoples Bancorp

Peoples Bancorp Inc is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency, LLC (Peoples Insurance) and two asset management companies, PBNA, LLC. and Peoples Tax Credit Equity, LLC.

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