1 day Ago By Defense World Staff
Renaissance Technologies LLC lessened its stake in Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK – Free Report) by 20.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The firm owned 39,407 shares of the bank’s stock after selling 10,000 shares during the quarter. Renaissance Technologies LLC owned 0.72% of Peoples Bancorp of North Carolina worth $1,231,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Wells Fargo & Company MN lifted its holdings in Peoples Bancorp of North Carolina by 27.8% in the fourth quarter.
Wells Fargo & Company MN now owns 2,590 shares of the bank’s stock valued at $81,000 after acquiring an additional 564 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Peoples Bancorp of North Carolina by 15.
2% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,366 shares of the bank’s stock valued at $111,000 after purchasing an additional 576 shares in the last quarter.
American Century Companies Inc. lifted its stake in shares of Peoples Bancorp of North Carolina by 3.1% in 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 period. Empowered Funds LLC boosted its holdings in Peoples Bancorp of North Carolina by 4.
9% during the fourth quarter. Empowered Funds LLC now owns 31,765 shares of the bank’s stock worth $993,000 after buying an additional 1,487 shares in the last quarter. Finally, State Street Corp grew its position in Peoples Bancorp of North Carolina by 7.
5% during the third 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. Hedge funds and other institutional investors own 43.
83% of the company’s stock. Peoples Bancorp of North Carolina Stock PerformanceNASDAQ PEBK opened at $27.28 on Wednesday.
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 twelve month low of $23.
74 and a twelve month high of $33.31. The stock has a 50-day moving average of $26.
72 and a 200 day moving average of $28.49. The stock has a market capitalization of $148.
92 million, a price-to-earnings ratio of 9.15 and a beta of 0.44.
Peoples Bancorp of North Carolina (NASDAQ:PEBK – Get Free Report) last announced its earnings results on Monday, April 21st. The bank reported $0.79 earnings per share (EPS) for the quarter.
Peoples Bancorp of North Carolina had a return on equity of 12.85% and a net margin of 15.08%.
The firm had revenue of $20.47 million for the quarter. Peoples Bancorp of North Carolina Increases DividendThe business also recently announced a quarterly dividend, which was paid on Friday, March 14th.
Stockholders of record on Monday, March 3rd were given a $0.20 dividend. This is a positive change from Peoples Bancorp of North Carolina’s previous quarterly dividend of $0.
19. The ex-dividend date was Monday, March 3rd. This represents a $0.
80 annualized dividend and a dividend yield of 2.93%. Peoples Bancorp of North Carolina’s dividend payout ratio (DPR) is 26.
23%. Analyst Ratings ChangesSeparately, StockNews.com upgraded 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 Analysis on Peoples Bancorp of North CarolinaPeoples Bancorp of North Carolina Company Profile (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.Read MoreFive stocks we like better than Peoples Bancorp of North CarolinaWhat is Forex and How Does it Work? Don’t Be Fooled by the Bounce: The Market Storm Isn’t Over YetWhat is the Nasdaq? Complete Overview with HistoryCoca-Cola Company Stock Can Bubble to New Highs This YearHow to Invest in the Best Canadian Stocks 3 Stocks Lifting 2025 Guidance Despite Market JittersWant to see what other hedge funds are holding PEBK? Visit HoldingsChannel.
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