Peapack-Gladstone FinancialPGC
About: Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Wealth Management Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and Internet banking services. Wealth Management includes investment management services for individuals and institutions; personal trust services, administrator, custodian and guardians, and other financial planning and advisory services. The services provided by the company include checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, individual retirement accounts, and other services.
Employees: 620
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
250% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 6
39% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 38
23% more capital invested
Capital invested by funds: $356M [Q3] → $439M (+$82.5M) [Q4]
11% more funds holding
Funds holding: 122 [Q3] → 136 (+14) [Q4]
4.6% more ownership
Funds ownership: 73.51% [Q3] → 78.11% (+4.6%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
73% less call options, than puts
Call options by funds: $19K | Put options by funds: $71K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keefe, Bruyette & Woods Christopher O'Connell 48% 1-year accuracy 11 / 23 met price target | 37%upside $38 | Outperform Maintained | 24 Apr 2025 |
Raymond James Mark Cash 100% 1-year accuracy 3 / 3 met price target | 41%upside $39 | Strong Buy Initiated | 11 Apr 2025 |
Financial journalist opinion
Based on 4 articles about PGC published over the past 30 days
