Peoples Bancorp Inc 2017 Q2 Institutional Investor Sentiment Better Than Expected

November 15, 2017 - By Peter Erickson

 Peoples Bancorp Inc  2017 Q2 Institutional Investor Sentiment  Better Than Expected

Sentiment for Peoples Bancorp Inc (NASDAQ:PEBO)

Peoples Bancorp Inc (NASDAQ:PEBO) institutional sentiment increased to 1.65 in Q2 2017. Its up 0.36, from 1.29 in 2017Q1. The ratio increased, as 51 institutional investors increased and started new holdings, while 31 decreased and sold stakes in Peoples Bancorp Inc. The institutional investors in our partner’s database now hold: 10.18 million shares, up from 10.02 million shares in 2017Q1. Also, the number of institutional investors holding Peoples Bancorp Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 4 Reduced: 27 Increased: 34 New Position: 17.

Peoples Bancorp Inc. is a financial holding company. The company has market cap of $599.25 million. The Firm operates principally through its subsidiary, Peoples Bank. It has a 16.19 P/E ratio. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency, LLC and two asset management companies, PBNA, L.L.C. and Peoples Tax Credit Equity, LLC.

About 1,066 shares traded. Peoples Bancorp Inc. (NASDAQ:PEBO) has risen 47.34% since November 15, 2016 and is uptrending. It has outperformed by 30.64% the S&P500.

Analysts await Peoples Bancorp Inc. (NASDAQ:PEBO) to report earnings on January, 26. They expect $0.49 earnings per share, up 19.51 % or $0.08 from last year’s $0.41 per share. PEBO’s profit will be $8.96M for 16.72 P/E if the $0.49 EPS becomes a reality. After $0.53 actual earnings per share reported by Peoples Bancorp Inc. for the previous quarter, Wall Street now forecasts -7.55 % negative EPS growth.

Pl Capital Advisors Llc holds 5% of its portfolio in Peoples Bancorp Inc. for 591,721 shares. Banc Funds Co Llc owns 546,882 shares or 0.8% of their US portfolio. Moreover, Private Management Group Inc has 0.74% invested in the company for 418,401 shares. The Ohio-based Investment Partners Ltd Oh Adv has invested 0.29% in the stock. Foundry Partners Llc, a Minnesota-based fund reported 215,385 shares.#img1#

Since January 1, 0001, it had 1 insider buy, and 0 selling transactions for $31,180 activity.

Peoples Bancorp Inc. (NASDAQ:PEBO) Ratings Coverage

Ratings analysis reveals 0 of Peoples Bancorp Inc’s analysts are positive. Out of 5 Wall Street analysts rating Peoples Bancorp Inc, 0 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $22 while the high is $3400. The stock’s average target of $29.67 is -9.49% below today’s ($32.78) share price. PEBO was included in 9 notes of analysts from July 28, 2015. The firm has “Outperform” rating by Raymond James given on Friday, October 30. As per Wednesday, July 26, the company rating was maintained by Boenning & Scattergood. The stock of Peoples Bancorp Inc. (NASDAQ:PEBO) has “Market Perform” rating given on Friday, October 30 by Keefe Bruyette & Woods. The stock of Peoples Bancorp Inc. (NASDAQ:PEBO) earned “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. Raymond James downgraded the stock to “Mkt Perform” rating in Friday, December 16 report. Keefe Bruyette & Woods maintained Peoples Bancorp Inc. (NASDAQ:PEBO) on Tuesday, July 25 with “Hold” rating. Wood maintained it with “Market Perform” rating and $22 target in Monday, March 7 report.

More recent Peoples Bancorp Inc. (NASDAQ:PEBO) news were published by: Streetinsider.com which released: “Form 8-K PEOPLES BANCORP INC For: Nov 06” on November 06, 2017. Also Seekingalpha.com published the news titled: “Peoples Bancorp’s (PEBO) CEO Chuck Sulerzyski on Q3 2017 Results – Earnings …” on October 24, 2017. Nasdaq.com‘s news article titled: “Peoples Bancorp Inc. (PEBO) Ex-Dividend Date Scheduled for November 02, 2017” with publication date: November 01, 2017 was also an interesting one.

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