JPMorgan Chase & Co. Has $111,000 Stake in Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK)

JPMorgan Chase & Co. raised its stake in Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) by 15.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,366 shares of the bank’s stock after acquiring an additional 576 shares during the quarter. JPMorgan Chase & Co. owned about 0.08% of Peoples Bancorp of North Carolina worth $111,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Barclays PLC lifted its position in shares of Peoples Bancorp of North Carolina by 390.6% during the 3rd quarter. Barclays PLC now owns 7,801 shares of the bank’s stock valued at $198,000 after acquiring an additional 6,211 shares during the period. State Street Corp increased its holdings in Peoples Bancorp of North Carolina by 7.5% in the 3rd quarter. State Street Corp now owns 54,510 shares of the bank’s stock valued at $1,384,000 after buying an additional 3,791 shares during the period. BNP Paribas Financial Markets increased its holdings in Peoples Bancorp of North Carolina by 985.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 8,000 shares of the bank’s stock valued at $203,000 after buying an additional 7,263 shares during the period. De Lisle Partners LLP acquired a new position in shares of Peoples Bancorp of North Carolina in the 3rd quarter valued at approximately $545,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Peoples Bancorp of North Carolina by 0.5% during the 2nd 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. Institutional investors own 43.83% of the company’s stock.

Peoples Bancorp of North Carolina Stock Down 1.8 %

Shares of PEBK opened at $28.49 on Monday. Peoples Bancorp of North Carolina, Inc. has a one year low of $23.74 and a one year high of $33.31. The firm has a 50 day simple moving average of $30.73 and a two-hundred day simple moving average of $28.86. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market cap of $155.50 million, a P/E ratio of 9.66 and a beta of 0.62.

Peoples Bancorp of North Carolina Dividend Announcement

The business also recently announced a special dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be issued a $0.16 dividend. The ex-dividend date is Monday, February 3rd. Peoples Bancorp of North Carolina’s dividend payout ratio (DPR) is currently 25.76%.

Insider Buying and Selling at Peoples Bancorp of North Carolina

In other news, Director James S. Abernethy sold 1,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $28.64, for a total transaction of $28,640.00. Following the completion of the transaction, the director now directly owns 74,976 shares in the company, valued at $2,147,312.64. This trade represents a 1.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 2,500 shares of company stock worth $74,610 over the last quarter. Corporate insiders own 16.94% of the company’s stock.

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.