Barclays PLC Has $198,000 Stock Holdings in Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK)

Barclays PLC increased its holdings in shares of Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) by 390.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,801 shares of the bank’s stock after buying an additional 6,211 shares during the period. Barclays PLC owned about 0.14% of Peoples Bancorp of North Carolina worth $198,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Bank of New York Mellon Corp acquired a new position in shares of Peoples Bancorp of North Carolina in the 2nd quarter worth approximately $388,000. Rhumbline Advisers bought a new stake in shares of Peoples Bancorp of North Carolina in the 2nd quarter valued at $169,000. Dimensional Fund Advisors LP increased its stake 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 increased its stake in shares of Peoples Bancorp of North Carolina by 6.8% in the 2nd quarter. Renaissance Technologies LLC now owns 22,012 shares of the bank’s stock valued at $643,000 after acquiring an additional 1,400 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in shares of Peoples Bancorp of North Carolina by 5.1% in the 3rd quarter. Empowered Funds LLC now owns 30,278 shares of the bank’s stock valued at $769,000 after acquiring an additional 1,474 shares in the last quarter. 43.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Peoples Bancorp of North Carolina

In other Peoples Bancorp of North Carolina news, Director James S. Abernethy sold 1,000 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $28.64, for a total transaction of $28,640.00. Following the completion of the sale, the director now owns 74,976 shares in the company, valued at approximately $2,147,312.64. The trade was a 1.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders sold 3,500 shares of company stock worth $100,180. 17.44% of the stock is owned by corporate insiders.

Peoples Bancorp of North Carolina Stock Performance

Shares of PEBK stock opened at $29.13 on Wednesday. The firm has a market capitalization of $158.99 million, a PE ratio of 9.87 and a beta of 0.62. The firm has a fifty day simple moving average of $30.90 and a two-hundred day simple moving average of $28.89. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.11. Peoples Bancorp of North Carolina, Inc. has a 12 month low of $23.74 and a 12 month high of $33.31.

Peoples Bancorp of North Carolina (NASDAQ:PEBK) last announced its quarterly earnings results on Monday, October 21st. The bank reported $0.72 EPS for the quarter. The business had revenue of $20.64 million during the quarter. Peoples Bancorp of North Carolina had a net margin of 15.27% and a return on equity of 12.92%.

Peoples Bancorp of North Carolina Announces Dividend

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

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.