21,461 Shares in Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) Purchased by De Lisle Partners LLP

De Lisle Partners LLP bought a new stake in shares of Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 21,461 shares of the bank's stock, valued at approximately $545,000. De Lisle Partners LLP owned approximately 0.39% of Peoples Bancorp of North Carolina at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Rhumbline Advisers bought a new stake in shares of Peoples Bancorp of North Carolina in the 2nd quarter valued at approximately $169,000. BNP Paribas Financial Markets raised its holdings in Peoples Bancorp of North Carolina by 985.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 8,000 shares of the bank's stock valued at $203,000 after buying an additional 7,263 shares during the period. Bank of New York Mellon Corp bought a new stake in Peoples Bancorp of North Carolina in the second quarter worth $388,000. Renaissance Technologies LLC boosted its stake in Peoples Bancorp of North Carolina by 6.8% during the second quarter. Renaissance Technologies LLC now owns 22,012 shares of the bank's stock worth $643,000 after buying an additional 1,400 shares during the period. Finally, Empowered Funds LLC increased its position in Peoples Bancorp of North Carolina by 5.1% during the third quarter. Empowered Funds LLC now owns 30,278 shares of the bank's stock valued at $769,000 after acquiring an additional 1,474 shares during the last quarter. Institutional investors own 43.83% of the company's stock.

Peoples Bancorp of North Carolina Trading Up 1.8 %

Shares of PEBK traded up $0.57 during midday trading on Friday, hitting $32.01. The stock had a trading volume of 16,948 shares, compared to its average volume of 19,745. Peoples Bancorp of North Carolina, Inc. has a 1 year low of $23.74 and a 1 year high of $32.43. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.81. The stock's 50 day moving average is $26.95 and its 200 day moving average is $28.50. The firm has a market cap of $174.77 million, a PE ratio of 10.66 and a beta of 0.57.

Peoples Bancorp of North Carolina (NASDAQ:PEBK - Get Free Report) last announced its quarterly earnings data on Monday, October 21st. The bank reported $0.72 earnings per share (EPS) for the quarter. Peoples Bancorp of North Carolina had a net margin of 15.27% and a return on equity of 12.92%. The business had revenue of $20.64 million during the quarter.

Peoples Bancorp of North Carolina Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Tuesday, December 3rd will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Tuesday, December 3rd. Peoples Bancorp of North Carolina's payout ratio is currently 25.76%.

Insider Buying and Selling at Peoples Bancorp of North Carolina

In related news, Director James S. Abernethy sold 1,000 shares of the business's stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $25.57, for a total value of $25,570.00. Following the completion of the sale, the director now owns 75,976 shares in the company, valued at approximately $1,942,706.32. The trade was a 1.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 5,500 shares of company stock valued at $156,055 in the last quarter. 16.94% of the stock is owned by insiders.

Peoples Bancorp of North Carolina Profile

Peoples Bancorp of North Carolina, Inc operates as the bank holding company for Peoples Bank that provides various banking products and services for individuals and small-to medium-sized businesses. It offers checking, savings, money market, and retirement accounts; certificates of deposits; and credit and debit cards.