Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK - Get Free Report)'s stock price crossed 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.
Analyst Ratings Changes
Separately, Wall Street Zen raised shares of Peoples Bancorp of North Carolina from a "hold" rating to a "buy" rating in a research report on Thursday, April 24th.
Check Out Our Latest Stock Report on Peoples Bancorp of North Carolina
Peoples Bancorp of North Carolina Trading Down 2.1%
The company has a market capitalization of $150.37 million, a PE ratio of 9.03 and a beta of 0.62. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.83 and a quick ratio of 0.83. The company's fifty day moving average is $27.82 and its 200-day moving average is $28.64.
Peoples Bancorp of North Carolina (NASDAQ:PEBK - Get Free Report) last released its quarterly earnings results on Monday, April 21st. The bank reported $0.79 EPS for the quarter. The firm had revenue of $20.47 million during the quarter. Peoples Bancorp of North Carolina had a return on equity of 12.65% and a net margin of 15.35%.
Peoples Bancorp of North Carolina Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Tuesday, June 3rd were issued a $0.20 dividend. The ex-dividend date was Tuesday, June 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 2.90%. Peoples Bancorp of North Carolina's dividend payout ratio is presently 26.23%.
Institutional Trading of Peoples Bancorp of North Carolina
A number of institutional investors have recently modified their holdings of PEBK. State of Wyoming lifted its position in Peoples Bancorp of North Carolina by 34.1% during the first quarter. State of Wyoming now owns 1,435 shares of the bank's stock valued at $39,000 after acquiring an additional 365 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Peoples Bancorp of North Carolina by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 2,590 shares of the bank's stock worth $81,000 after purchasing an additional 564 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Peoples Bancorp of North Carolina by 3.1% during the 4th quarter. American Century Companies Inc. now owns 23,380 shares of the bank's stock valued at $731,000 after purchasing an additional 695 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Peoples Bancorp of North Carolina by 35.5% in the 4th quarter. Bank of America Corp DE now owns 4,649 shares of the bank's stock worth $145,000 after purchasing an additional 1,219 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Peoples Bancorp of North Carolina by 3.2% during the 4th 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. 43.83% of the stock is currently owned by institutional investors.
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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