Ownership Change to Note: Institutional Investor’s Pro-Peoples Bancorp Of North Carolina Inc (NASDAQ:PEBK) Sentiment In Q2 2016

November 17, 2016 - By Marie Mckinney   ·   0 Comments

Ownership Change to Note: Institutional Investor's Pro Peoples Bancorp Of North Carolina Inc (NASDAQ:PEBK) Sentiment In  Q2 2016

Sentiment for Peoples Bancorp Of North Carolina Inc (NASDAQ:PEBK)

Peoples Bancorp Of North Carolina Inc (NASDAQ:PEBK) institutional sentiment decreased to 1.5 in Q2 2016. Its down -9.50, from 11 in 2016Q1. The ratio has worsened, as 6 investment managers started new and increased equity positions, while 4 sold and reduced holdings in Peoples Bancorp Of North Carolina Inc. The investment managers in our partner’s database reported: 1.31 million shares, down from 2.65 million shares in 2016Q1. Also, the number of investment managers holding Peoples Bancorp Of North Carolina Inc in their top 10 equity positions increased from 0 to 1 for an increase of 1. Sold All: 0 Reduced: 4 Increased: 5 New Position: 1.

Peoples Bancorp of North Carolina, Inc. is a holding firm for Peoples Bank . The company has a market cap of $118.05 million. The Bank is a state-chartered commercial bank, which serves the citizens and business interests of the Catawba Valley and surrounding communities. It has a 12.06 P/E ratio. The Bank has approximately 20 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Monroe, Cornelius, Mooresville Raleigh and North Carolina.

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) has risen 15.29% since April 15, 2016 and is uptrending. It has outperformed by 10.67% the S&P500.

According to Zacks Investment Research, “Peoples Bancorp of North Carolina, Inc. is the holding company for Peoples Bank.”

Gendell Jeffrey L holds 2.07% of its portfolio in Peoples Bancorp of North Carolina, Inc. for 514,665 shares. Maltese Capital Management Llc owns 75,400 shares or 0.18% of their US portfolio. Moreover, Banc Funds Co Llc has 0.16% invested in the company for 137,887 shares. The New York-based Arbiter Partners Capital Management Llc has invested 0.07% in the stock. Rmb Capital Management Llc, a Illinois-based fund reported 46,800 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 buying transaction, and 3 selling transactions for $143,649 net activity.

PEBK Company Profile

Peoples Bancorp of North Carolina, Inc., incorporated on April 7, 1999, is a holding firm for Peoples Bank (the Bank). The Bank is a state-chartered commercial bank, which serves the citizens and business interests of the Catawba Valley and surrounding communities. The Bank has approximately 20 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Monroe, Cornelius, Mooresville Raleigh and North Carolina. The Bank also operates loan production offices in Denver, Durham and Winston-Salem, North Carolina. The Bank has approximately $679.5 million loans, $272.2 million securities and $832.2 million deposits. The Bank operates approximately four offices focused on the Latino population under the name Banco de la Gente (Banco) and these offices are operated as a division of the Bank. Banco offers normal and customary banking services offered in the Bank’s other branches, such as the taking of deposits and the making of loans. The Bank operates a Banco loan production office in Durham County and a Banco loan production office in Forsyth County, which is designed to serve the Latino market.

Another recent and important Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) news was published by Reuters.com which published an article titled: “BRIEF-Peoples Bancorp of North Carolina qtrly earnings $0.44/shr” on October 24, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Marie Mckinney


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>