Peoples Bancorp Inc. (NASDAQ:PEBO) Shares Bought by American Century Companies Inc.

American Century Companies Inc. increased its holdings in Peoples Bancorp Inc. (NASDAQ:PEBO) by 26.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 586,015 shares of the bank’s stock after acquiring an additional 123,423 shares during the quarter. American Century Companies Inc. owned approximately 1.65% of Peoples Bancorp worth $17,580,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Franklin Resources Inc. increased its holdings in Peoples Bancorp by 13.3% during the 4th quarter. Franklin Resources Inc. now owns 1,815,196 shares of the bank’s stock worth $61,281,000 after purchasing an additional 213,264 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Peoples Bancorp by 2.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,412,411 shares of the bank’s stock worth $81,444,000 after buying an additional 51,087 shares in the last quarter. Pathway Financial Advisers LLC bought a new stake in shares of Peoples Bancorp in the first quarter worth $1,011,000. Hantz Financial Services Inc. acquired a new stake in Peoples Bancorp in the second quarter valued at $981,000. Finally, Black Maple Capital Management LP bought a new position in Peoples Bancorp during the 1st quarter valued at $966,000. Hedge funds and other institutional investors own 60.68% of the company’s stock.

Peoples Bancorp Price Performance

Shares of PEBO stock opened at $30.56 on Friday. The firm has a fifty day moving average of $31.35 and a two-hundred day moving average of $29.77. The firm has a market cap of $1.09 billion, a P/E ratio of 9.15 and a beta of 0.75. Peoples Bancorp Inc. has a 1-year low of $24.84 and a 1-year high of $34.85. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.82 and a quick ratio of 0.82.

Peoples Bancorp (NASDAQ:PEBO) last posted its quarterly earnings results on Tuesday, July 23rd. The bank reported $0.84 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.01). Peoples Bancorp had a return on equity of 12.76% and a net margin of 20.58%. The firm had revenue of $154.47 million during the quarter, compared to analyst estimates of $111.30 million. During the same quarter last year, the business posted $0.83 earnings per share. As a group, research analysts anticipate that Peoples Bancorp Inc. will post 3.28 earnings per share for the current fiscal year.

Peoples Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 19th. Investors of record on Monday, August 5th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 5.24%. The ex-dividend date of this dividend was Monday, August 5th. Peoples Bancorp’s dividend payout ratio is currently 47.90%.

Insider Activity at Peoples Bancorp

In other Peoples Bancorp news, Director David F. Dierker sold 4,000 shares of the business’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $32.07, for a total transaction of $128,280.00. Following the completion of the sale, the director now owns 13,330 shares in the company, valued at $427,493.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Peoples Bancorp news, Director David F. Dierker sold 4,000 shares of Peoples Bancorp stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $32.07, for a total value of $128,280.00. Following the completion of the transaction, the director now directly owns 13,330 shares in the company, valued at $427,493.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Carol A. Schneeberger sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $30.33, for a total value of $30,330.00. Following the transaction, the director now directly owns 29,963 shares of the company’s stock, valued at $908,777.79. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,617 shares of company stock valued at $178,854. Corporate insiders own 3.46% of the company’s stock.

Peoples Bancorp Company Profile

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.