Peoples Bancorp of North Carolina (NASDAQ:PEBK) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Shares of Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $28.90 and traded as high as $29.38. Peoples Bancorp of North Carolina shares last traded at $28.91, with a volume of 4,006 shares.

Peoples Bancorp of North Carolina Trading Up 0.3 %

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.81 and a current ratio of 0.81. The business's 50 day moving average price is $30.81 and its 200-day moving average price is $28.90. The firm has a market cap of $158.29 million, a price-to-earnings ratio of 9.83 and a beta of 0.62.

Peoples Bancorp of North Carolina Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be paid a dividend of $0.16 per share. The ex-dividend date is Monday, February 3rd. Peoples Bancorp of North Carolina's dividend payout ratio (DPR) is presently 25.76%.

Insider Activity at Peoples Bancorp of North Carolina

In other Peoples Bancorp of North Carolina news, Director James S. Abernethy sold 1,000 shares of Peoples Bancorp of North Carolina stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $30.02, for a total value of $30,020.00. Following the completion of the transaction, the director now directly owns 73,976 shares in the company, valued at $2,220,759.52. The trade was a 1.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 2,500 shares of company stock valued at $74,610 in the last quarter. Insiders own 16.94% of the company's stock.

Institutional Trading of Peoples Bancorp of North Carolina

Hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in Peoples Bancorp of North Carolina by 15.2% in the third quarter. JPMorgan Chase & Co. now owns 4,366 shares of the bank's stock valued at $111,000 after buying an additional 576 shares during the last quarter. Barclays PLC lifted its position in Peoples Bancorp of North Carolina by 390.6% in the 3rd quarter. Barclays PLC now owns 7,801 shares of the bank's stock valued at $198,000 after purchasing an additional 6,211 shares during the last quarter. BNP Paribas Financial Markets boosted its stake 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 purchasing an additional 7,263 shares during the period. De Lisle Partners LLP bought a new position in Peoples Bancorp of North Carolina in the 3rd quarter worth about $545,000. Finally, Renaissance Technologies LLC increased 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 purchasing an additional 1,400 shares during the period. Institutional investors own 43.83% of the company's stock.

About Peoples Bancorp of North Carolina

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.