Barclays PLC Grows Position in Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK)

Barclays PLC lifted its holdings in Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) by 390.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,801 shares of the bank’s stock after buying an additional 6,211 shares during the period. Barclays PLC owned approximately 0.14% of Peoples Bancorp of North Carolina worth $198,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PEBK. Rhumbline Advisers acquired a new stake in Peoples Bancorp of North Carolina in the 2nd quarter valued at about $169,000. BNP Paribas Financial Markets increased its holdings in shares of Peoples Bancorp of North Carolina by 985.5% in the third 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 last quarter. Bank of New York Mellon Corp purchased a new position in Peoples Bancorp of North Carolina during the second quarter worth approximately $388,000. De Lisle Partners LLP acquired a new position in Peoples Bancorp of North Carolina during the third quarter worth $545,000. Finally, Renaissance Technologies LLC grew its holdings in 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 buying an additional 1,400 shares in the last quarter. 43.83% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Peoples Bancorp of North Carolina news, Director James S. Abernethy sold 1,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $30.02, for a total value of $30,020.00. Following the transaction, the director now owns 73,976 shares of the company’s stock, valued at $2,220,759.52. This represents a 1.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders sold a total of 3,500 shares of company stock valued at $100,180 over the last quarter. 16.94% of the stock is owned by insiders.

Peoples Bancorp of North Carolina Stock Up 1.1 %

NASDAQ PEBK opened at $30.82 on Tuesday. The business’s fifty day simple moving average is $30.38 and its 200-day simple moving average is $28.81. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.11. The firm has a market cap of $168.22 million, a PE ratio of 10.45 and a beta of 0.62. Peoples Bancorp of North Carolina, Inc. has a 52 week low of $23.74 and a 52 week high of $33.31.

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

Peoples Bancorp of North Carolina Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Tuesday, December 3rd were given a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.76 annualized dividend and a yield of 2.47%. Peoples Bancorp of North Carolina’s payout ratio is 25.76%.

Peoples Bancorp of North Carolina Profile

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.