Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $28.62 and traded as high as $32.42. Peoples Bancorp of North Carolina shares last traded at $32.01, with a volume of 11,086 shares.
Peoples Bancorp of North Carolina Price Performance
The firm has a market capitalization of $174.77 million, a price-to-earnings ratio of 10.85 and a beta of 0.63. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.11. The company's fifty day moving average is $28.28 and its two-hundred day moving average is $28.62.
Peoples Bancorp of North Carolina (NASDAQ:PEBK - Get Free Report) last announced its quarterly earnings results on Monday, October 21st. The bank reported $0.72 EPS for the quarter. Peoples Bancorp of North Carolina had a return on equity of 12.92% and a net margin of 15.27%. The company had revenue of $20.64 million during the quarter.
Peoples Bancorp of North Carolina Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Tuesday, December 3rd were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.37%. Peoples Bancorp of North Carolina's dividend payout ratio is 25.76%.
Insider Activity at Peoples Bancorp of North Carolina
In related news, Director James S. Abernethy sold 1,000 shares of the company's stock in a transaction on Friday, November 8th. The shares were sold at an average price of $28.64, for a total value of $28,640.00. Following the completion of the transaction, the director now directly owns 74,976 shares of the company's stock, valued at approximately $2,147,312.64. This represents a 1.32 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 3,500 shares of company stock worth $100,180 in the last quarter. Corporate insiders own 16.94% of the company's stock.
Institutional Trading of Peoples Bancorp of North Carolina
Several hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP grew its holdings in shares of Peoples Bancorp of North Carolina by 0.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 146,625 shares of the bank's stock valued at $4,281,000 after acquiring an additional 734 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Peoples Bancorp of North Carolina by 6.8% in the second quarter. Renaissance Technologies LLC now owns 22,012 shares of the bank's stock valued at $643,000 after buying an additional 1,400 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Peoples Bancorp of North Carolina by 5.1% in the third quarter. Empowered Funds LLC now owns 30,278 shares of the bank's stock valued at $769,000 after buying an additional 1,474 shares in the last quarter. State Street Corp increased its holdings in Peoples Bancorp of North Carolina by 7.5% during the third quarter. State Street Corp now owns 54,510 shares of the bank's stock worth $1,384,000 after buying an additional 3,791 shares during the last quarter. Finally, Rhumbline Advisers bought a new stake in Peoples Bancorp of North Carolina during the second quarter worth $169,000. Institutional investors and hedge funds own 43.83% of the company's stock.
Peoples Bancorp of North Carolina Company Profile
(
Get Free Report)
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.
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