Dividend Worth Watching: The $0.05 mark is well within reach for Peapack-Gladstone Financial Corporation (NASDAQ:PGC).

Dividend Worth Watching: The $0.05 mark is well within reach for Peapack Gladstone Financial Corporation (NASDAQ:PGC).

Peapack-Gladstone Financial Corporation (NASDAQ:PGC) is expected to pay $0.05 on Nov 25, 2016. The indicated annual dividend is $0.20. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Peapack-Gladstone Financial Corporation’s current price of $21.60, the dividend is 0.23%. This dividend’s record date is Nov 10, 2016 and the announcement date is Oct 28, 2016. The stock decreased 0.87% or $0.19 on November 4, hitting $21.6. Peapack-Gladstone Financial Corp (NASDAQ:PGC) has risen 28.49% since April 5, 2016 and is uptrending. It has outperformed by 26.54% the S&P500.

Peapack-Gladstone Financial Corporation is a bank holding company. The company has a market cap of $360.15 million. The Company’s principal subsidiary is Peapack-Gladstone Bank , which is a state chartered commercial bank. It has a 14.95 P/E ratio. The Bank provides private banking services to businesses, non-profits and clients through its private banking locations in Bedminster, Morristown, Princeton and Teaneck, New Jersey; wealth management division, and branch network in Somerset, Morris, Hunterdon, Middlesex and Union counties.

Insitutional Activity: The institutional sentiment decreased to 1.44 in 2016 Q2. Its down 1.11, from 2.55 in 2016Q1. The ratio dropped, as 8 funds sold all Peapack-Gladstone Financial Corp shares owned while 19 reduced positions. 13 funds bought stakes while 26 increased positions. They now own 10.21 million shares or 1.34% more from 10.07 million shares in 2016Q1.
Addison Capital Co has 0.34% invested in the company for 20,410 shares. Ulysses Management Limited Liability Com last reported 0.01% of its portfolio in the stock. First Tru Advsr Limited Partnership holds 0% of its portfolio in Peapack-Gladstone Financial Corp (NASDAQ:PGC) for 23,451 shares. Renaissance Technology Ltd Liability Corporation accumulated 0.01% or 269,820 shares. Blackrock Institutional Na holds 0% of its portfolio in Peapack-Gladstone Financial Corp (NASDAQ:PGC) for 376,091 shares. Peapack Gladstone Finance Corp holds 0% or 700,849 shares in its portfolio. Condor Mgmt last reported 88,946 shares in the company. Prudential Fincl accumulated 57,779 shares or 0% of the stock. Cornerstone Cap Mngmt Holdg Limited Liability Com accumulated 0.01% or 47,983 shares. Northern Trust accumulated 182,991 shares or 0% of the stock. Lsv Asset Mgmt holds 0% or 42,500 shares in its portfolio. Millennium Mgmt Ltd Llc last reported 0% of its portfolio in the stock. Goldman Sachs Gp reported 10,363 shares or 0% of all its holdings. Federated Invsts Pa has 0% invested in the company for 126 shares. Banc Funds Ltd Liability Corporation, a Illinois-based fund reported 1.35M shares.

Insider Transactions: Since June 8, 2016, the stock had 6 buys, and 0 selling transactions for $126,608 net activity. BABCOCK JOHN P also bought $20,044 worth of Peapack-Gladstone Financial Corp (NASDAQ:PGC) shares. 1,000 shares were bought by Waser Eric H., worth $18,950. The insider CARFORA JEFFREY J bought 1,000 shares worth $19,374. WELSH BETH also bought $11,520 worth of Peapack-Gladstone Financial Corp (NASDAQ:PGC) on Friday, June 10.

Another recent and important Peapack-Gladstone Financial Corp (NASDAQ:PGC) news was published by Streetinsider.com which published an article titled: “Form FWP PEAPACK GLADSTONE FINANC Filed by: PEAPACK GLADSTONE FINANCIAL CORP” on June 08, 2016.

PGC Company Profile

Peapack-Gladstone Financial Corporation is a bank holding company. The Company’s principal subsidiary is Peapack-Gladstone Bank (the Bank), which is a state chartered commercial bank. The Bank provides private banking services to businesses, non-profits and clients through its private banking locations in Bedminster, Morristown, Princeton and Teaneck, New Jersey; wealth management division, and branch network in Somerset, Morris, Hunterdon, Middlesex and Union counties. The Firm operates through two divisions: Banking and Private Wealth Management Division. The Firm owns approximately 10 branches and leases over 10 branches.

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