Peoples Bancorp (PEBO) Market Value Declined While Pl Capital Advisors Lowered Its Stake by $875,886; Cardinal Capital Management Has Lifted Its Canadian Imperial Bank Of Commerce (CM) Position by $499,728

January 14, 2018 - By Richard Conner

Cardinal Capital Management Inc increased its stake in Canadian Imperial Bank Of Commerce (CM) by 0.86% based on its latest 2017Q3 regulatory filing with the SEC. Cardinal Capital Management Inc bought 5,744 shares as the company’s stock declined 11.35% while stock markets rallied. The institutional investor held 669,832 shares of the commercial banks company at the end of 2017Q3, valued at $58.45 million, up from 664,088 at the end of the previous reported quarter. Cardinal Capital Management Inc who had been investing in Canadian Imperial Bank Of Commerce for a number of months, seems to be bullish on the $42.85 billion market cap company. The stock increased 0.42% or $0.41 during the last trading session, reaching $98.62. About 347,785 shares traded. Canadian Imperial Bank of Commerce (NYSE:CM) has risen 2.52% since January 14, 2017 and is uptrending. It has underperformed by 14.18% the S&P500.

Pl Capital Advisors Llc decreased its stake in Peoples Bancorp (PEBO) by 4.49% based on its latest 2017Q3 regulatory filing with the SEC. Pl Capital Advisors Llc sold 26,542 shares as the company’s stock declined 6.45% while stock markets rallied. The institutional investor held 565,179 shares of the major banks company at the end of 2017Q3, valued at $18.98M, down from 591,721 at the end of the previous reported quarter. Pl Capital Advisors Llc who had been investing in Peoples Bancorp for a number of months, seems to be less bullish one the $629.78M market cap company. The stock increased 0.97% or $0.33 during the last trading session, reaching $34.45. About 30,946 shares traded. Peoples Bancorp Inc. (NASDAQ:PEBO) has risen 47.34% since January 14, 2017 and is uptrending. It has outperformed by 30.64% the S&P500.

Investors sentiment decreased to 1.22 in 2017 Q3. Its down 0.43, from 1.65 in 2017Q2. It worsened, as 6 investors sold PEBO shares while 31 reduced holdings. 10 funds opened positions while 35 raised stakes. 10.36 million shares or 1.67% more from 10.18 million shares in 2017Q2 were reported. 22,300 are owned by Fifth Third National Bank & Trust. 8,958 are owned by Buckingham Cap Mngmt. Jpmorgan Chase And Co owns 89,200 shares. Aperio Gru Ltd Limited Liability Company holds 0% or 24,442 shares. Gsa Cap Ptnrs Llp holds 0.03% or 14,663 shares in its portfolio. 58,312 are held by Nationwide Fund Advsrs. Brandywine Invest Mgmt Ltd stated it has 0% in Peoples Bancorp Inc. (NASDAQ:PEBO). Deutsche National Bank Ag holds 0% of its portfolio in Peoples Bancorp Inc. (NASDAQ:PEBO) for 16,375 shares. Metropolitan Life Insur Co reported 0% in Peoples Bancorp Inc. (NASDAQ:PEBO). State Street holds 0% of its portfolio in Peoples Bancorp Inc. (NASDAQ:PEBO) for 399,106 shares. California State Teachers Retirement Systems stated it has 26,190 shares. Mufg Americas owns 252 shares. Public Employees Retirement Association Of Colorado holds 0% in Peoples Bancorp Inc. (NASDAQ:PEBO) or 7,943 shares. Moreover, Price T Rowe Associate Inc Md has 0% invested in Peoples Bancorp Inc. (NASDAQ:PEBO). Prudential Financial reported 0% stake.

Since August 1, 2017, it had 0 insider purchases, and 4 selling transactions for $366,327 activity. Shares for $2,983 were sold by BROUGHTON GEORGE W on Tuesday, August 1.

Among 5 analysts covering Peoples Bancorp Inc (NASDAQ:PEBO), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Peoples Bancorp Inc had 10 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Mkt Perform” rating on Friday, December 16 by Raymond James. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, July 25. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, October 3. The stock has “Hold” rating by Boenning & Scattergood on Wednesday, July 26. The company was downgraded on Friday, October 30 by Raymond James. The company was maintained on Monday, March 7 by Wood. The rating was downgraded by Keefe Bruyette & Woods on Friday, October 30 to “Market Perform”.

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 $8.96 million for 17.58 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.

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