Peoples Bancorp Inc (NASDAQ:PEBO): KBW Reaffirms Hold Rating Today, Has a Target of $40.0/Share

April 16, 2018 - By Ellis Scott

Peoples Bancorp Inc. (NASDAQ:PEBO) Logo

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.24, from 1.22 in 2017Q3. It dropped, as 8 investors sold Peoples Bancorp Inc. shares while 36 reduced holdings. 10 funds opened positions while 33 raised stakes. 10.43 million shares or 0.74% more from 10.36 million shares in 2017Q3 were reported.

Ny State Teachers Retirement owns 1,400 shares for 0% of their portfolio. Ajo L P holds 80,399 shares. Balyasny Asset Mngmt Limited Liability Corp has invested 0% in Peoples Bancorp Inc. (NASDAQ:PEBO). Bridgeway Capital has invested 0.03% in Peoples Bancorp Inc. (NASDAQ:PEBO). Ameritas Investment Ptnrs owns 1,418 shares. Alliancebernstein Limited Partnership reported 17,220 shares. Pub Employees Retirement Association Of Colorado has 7,943 shares. 32,529 were reported by Raymond James Fin Advsrs Incorporated. Wedge Capital Management L Ltd Partnership Nc has 0% invested in Peoples Bancorp Inc. (NASDAQ:PEBO). Amer Group Inc stated it has 11,064 shares. Swiss Natl Bank reported 27,300 shares stake. Park Natl Corp Oh invested in 0.01% or 6,229 shares. Geode Cap Limited Liability Company holds 159,250 shares. Renaissance Technologies Lc owns 320,479 shares for 0.01% of their portfolio. North Star Invest Mgmt Corp, Illinois-based fund reported 105 shares.

Since December 4, 2017, it had 1 insider purchase, and 1 sale for $32,667 activity. Shares for $67,931 were bought by Sweet Terry Thomas on Monday, December 4.

Peoples Bancorp Inc (NASDAQ:PEBO) Rating Reaffirmed

KBW now has a $40.0 price target on the $660.96M market cap company or 11.14 % upside potential. In a research note revealed to clients and investors on Thursday, 21 December, Peoples Bancorp Inc (NASDAQ:PEBO) shares have had their Hold Rating maintained by investment analysts at KBW.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.24, from 1.22 in 2017Q3. It dropped, as 8 investors sold Peoples Bancorp Inc. shares while 36 reduced holdings. 10 funds opened positions while 33 raised stakes. 10.43 million shares or 0.74% more from 10.36 million shares in 2017Q3 were reported.

Ny State Teachers Retirement owns 1,400 shares for 0% of their portfolio. Ajo L P holds 80,399 shares. Balyasny Asset Mngmt Limited Liability Corp has invested 0% in Peoples Bancorp Inc. (NASDAQ:PEBO). Bridgeway Capital has invested 0.03% in Peoples Bancorp Inc. (NASDAQ:PEBO). Ameritas Investment Ptnrs owns 1,418 shares. Alliancebernstein Limited Partnership reported 17,220 shares. Pub Employees Retirement Association Of Colorado has 7,943 shares. 32,529 were reported by Raymond James Fin Advsrs Incorporated. Wedge Capital Management L Ltd Partnership Nc has 0% invested in Peoples Bancorp Inc. (NASDAQ:PEBO). Amer Group Inc stated it has 11,064 shares. Swiss Natl Bank reported 27,300 shares stake. Park Natl Corp Oh invested in 0.01% or 6,229 shares. Geode Cap Limited Liability Company holds 159,250 shares. Renaissance Technologies Lc owns 320,479 shares for 0.01% of their portfolio. North Star Invest Mgmt Corp, Illinois-based fund reported 105 shares.

Since December 4, 2017, it had 1 insider purchase, and 1 sale for $32,667 activity. Shares for $67,931 were bought by Sweet Terry Thomas on Monday, December 4.

Peoples Bancorp Inc. (NASDAQ:PEBO) Ratings Coverage

Among 2 analysts covering Peoples Bancorp Inc (NASDAQ:PEBO), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Peoples Bancorp Inc has $41.0 highest and $37.0 lowest target. $40’s average target is 11.14% above currents $35.99 stock price. Peoples Bancorp Inc had 4 analyst reports since December 21, 2017 according to SRatingsIntel. Sandler O’Neill maintained Peoples Bancorp Inc. (NASDAQ:PEBO) on Friday, March 16 with “Hold” rating. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. On Tuesday, January 23 the stock rating was maintained by Sandler O’Neill with “Hold”. Keefe Bruyette & Woods maintained Peoples Bancorp Inc. (NASDAQ:PEBO) on Monday, February 26 with “Hold” rating.

The stock increased 1.44% or $0.51 during the last trading session, reaching $35.99. About 18,693 shares traded. Peoples Bancorp Inc. (NASDAQ:PEBO) has risen 13.90% since April 16, 2017 and is uptrending. It has outperformed by 2.35% the S&P500.

Analysts await Peoples Bancorp Inc. (NASDAQ:PEBO) to report earnings on April, 24. They expect $0.60 earnings per share, up 25.00 % or $0.12 from last year’s $0.48 per share. PEBO’s profit will be $11.02 million for 15.00 P/E if the $0.60 EPS becomes a reality. After $0.57 actual earnings per share reported by Peoples Bancorp Inc. for the previous quarter, Wall Street now forecasts 5.26 % EPS growth.

Peoples Bancorp Inc. operates as the holding firm for Peoples Bank that provides commercial and retail banking services and products. The company has market cap of $660.96 million. The firm accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate loans, real estate construction loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and direct and indirect consumer loans. It has a 17.14 P/E ratio. It also offers overdraft protection services; debit and automated teller machine cards; corporate and personal trust services; safe deposit rental facilities; money orders and cashierÂ’s checks; and telephone, mobile, and Internet banking services.

Peoples Bancorp Inc. (NASDAQ:PEBO) Institutional Positions Chart

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