Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK - Get Free Report) 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 transaction of $25,570.00. Following the sale, the director now directly owns 75,976 shares in the company, valued at approximately $1,942,706.32. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Peoples Bancorp of North Carolina Price Performance
Shares of NASDAQ:PEBK opened at $25.99 on Wednesday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.12. Peoples Bancorp of North Carolina, Inc. has a twelve month low of $21.54 and a twelve month high of $32.37. The company's 50 day moving average is $26.51 and its 200 day moving average is $28.52. The company has a market cap of $141.91 million, a PE ratio of 8.81 and a beta of 0.57.
Peoples Bancorp of North Carolina (NASDAQ:PEBK - Get Free Report) last posted its quarterly earnings results on Monday, October 21st. The bank reported $0.72 EPS for the quarter. The company had revenue of $20.64 million for the quarter. Peoples Bancorp of North Carolina had a net margin of 15.27% and a return on equity of 13.29%.
Peoples Bancorp of North Carolina Announces Dividend
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The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend was Tuesday, September 3rd. Peoples Bancorp of North Carolina's dividend payout ratio (DPR) is 25.76%.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Empowered Funds LLC increased its holdings in shares of Peoples Bancorp of North Carolina by 7.7% during the 1st quarter. Empowered Funds LLC now owns 26,824 shares of the bank's stock valued at $747,000 after purchasing an additional 1,925 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Peoples Bancorp of North Carolina during the second quarter valued at $388,000. Rhumbline Advisers purchased a new position in Peoples Bancorp of North Carolina in the second quarter valued at $169,000. Dimensional Fund Advisors LP raised its position in shares of Peoples Bancorp of North Carolina by 0.5% in the second quarter. Dimensional Fund Advisors LP now owns 146,625 shares of the bank's stock worth $4,281,000 after acquiring an additional 734 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in shares of Peoples Bancorp of North Carolina by 6.8% during the 2nd quarter. Renaissance Technologies LLC now owns 22,012 shares of the bank's stock worth $643,000 after acquiring an additional 1,400 shares in the last quarter. 43.83% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Peoples Bancorp of North Carolina from a "buy" rating to a "hold" rating in a report on Thursday, July 25th.
Check Out Our Latest Research Report on Peoples Bancorp of North Carolina
About Peoples Bancorp of North Carolina
(
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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