Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $28.71 and traded as low as $27.40. Peoples Bancorp of North Carolina shares last traded at $27.73, with a volume of 11,212 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded Peoples Bancorp of North Carolina from a "hold" rating to a "buy" rating in a research note on Thursday, April 24th.
Check Out Our Latest Stock Analysis on PEBK
Peoples Bancorp of North Carolina Stock Performance
The firm has a fifty day simple moving average of $27.77 and a 200-day simple moving average of $28.71. The company has a market cap of $151.38 million, a PE ratio of 9.31 and a beta of 0.62. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.11.
Peoples Bancorp of North Carolina (NASDAQ:PEBK - Get Free Report) last issued its quarterly earnings data on Monday, April 21st. The bank reported $0.79 earnings per share (EPS) for the quarter. The company had revenue of $20.47 million for the quarter. Peoples Bancorp of North Carolina had a return on equity of 12.85% and a net margin of 15.08%.
Peoples Bancorp of North Carolina Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Tuesday, June 3rd were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.88%. The ex-dividend date was Tuesday, June 3rd. Peoples Bancorp of North Carolina's payout ratio is 26.23%.
Hedge Funds Weigh In On Peoples Bancorp of North Carolina
Several hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP grew its holdings in shares of Peoples Bancorp of North Carolina by 17.9% during the first quarter. Wellington Management Group LLP now owns 503,124 shares of the bank's stock worth $13,705,000 after purchasing an additional 76,231 shares during the last quarter. Fourthstone LLC grew its holdings in shares of Peoples Bancorp of North Carolina by 203.6% during the fourth quarter. Fourthstone LLC now owns 61,243 shares of the bank's stock worth $1,914,000 after buying an additional 41,069 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Peoples Bancorp of North Carolina by 3.2% during the fourth quarter. Northern Trust Corp now owns 39,911 shares of the bank's stock worth $1,247,000 after buying an additional 1,233 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Peoples Bancorp of North Carolina by 7.1% during the first quarter. Empowered Funds LLC now owns 34,009 shares of the bank's stock worth $926,000 after buying an additional 2,244 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Peoples Bancorp of North Carolina by 3.1% during the fourth quarter. American Century Companies Inc. now owns 23,380 shares of the bank's stock worth $731,000 after buying an additional 695 shares during the last quarter. Hedge funds and other institutional investors 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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