People’s Utah Bancorp (PUB) Director Jr. Fred W. Fairclough Sells 2,000 Shares

People’s Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, April 25th. The stock was sold at an average price of $32.04, for a total transaction of $64,080.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of NASDAQ PUB traded up $0.10 during mid-day trading on Wednesday, reaching $32.30. 9,186 shares of the company traded hands, compared to its average volume of 25,697. The firm has a market capitalization of $612.52, a PE ratio of 21.21, a P/E/G ratio of 2.03 and a beta of 0.87. People’s Utah Bancorp has a fifty-two week low of $24.63 and a fifty-two week high of $33.90.

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People’s Utah Bancorp (NASDAQ:PUB) last issued its earnings results on Wednesday, January 24th. The bank reported $0.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.05. The firm had revenue of $28.47 million during the quarter, compared to analysts’ expectations of $27.39 million. People’s Utah Bancorp had a net margin of 19.74% and a return on equity of 11.46%. analysts forecast that People’s Utah Bancorp will post 2.02 EPS for the current year.



A number of large investors have recently modified their holdings of PUB. BlackRock Inc. boosted its stake in People’s Utah Bancorp by 3.7% in the 4th quarter. BlackRock Inc. now owns 691,658 shares of the bank’s stock worth $20,957,000 after purchasing an additional 24,847 shares during the period. Davis Capital Partners LLC boosted its stake in People’s Utah Bancorp by 31.0% in the 4th quarter. Davis Capital Partners LLC now owns 538,846 shares of the bank’s stock worth $16,327,000 after purchasing an additional 127,539 shares during the period. Forest Hill Capital LLC boosted its stake in People’s Utah Bancorp by 0.6% in the 4th quarter. Forest Hill Capital LLC now owns 416,589 shares of the bank’s stock worth $12,623,000 after purchasing an additional 2,500 shares during the period. Dimensional Fund Advisors LP boosted its stake in People’s Utah Bancorp by 29.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 168,105 shares of the bank’s stock worth $5,455,000 after purchasing an additional 38,397 shares during the period. Finally, Pacific Ridge Capital Partners LLC boosted its stake in People’s Utah Bancorp by 3.3% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 135,641 shares of the bank’s stock worth $4,110,000 after purchasing an additional 4,370 shares during the period. Hedge funds and other institutional investors own 34.29% of the company’s stock.

Several brokerages have commented on PUB. BidaskClub lowered shares of People’s Utah Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, February 28th. Zacks Investment Research lowered shares of People’s Utah Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, April 4th. Finally, Raymond James started coverage on shares of People’s Utah Bancorp in a research note on Wednesday, January 17th. They issued an “outperform” rating and a $35.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $35.00.

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People’s Utah Bancorp Company Profile

People's Utah Bancorp operates as the bank holding company for People's Intermountain Bank that provides retail and commercial banking products and services. The company accepts various deposits, such as checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit.

Insider Buying and Selling by Quarter for People`s Utah Bancorp (NASDAQ:PUB)

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