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

December 7, 2017 - By Vivian Park

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

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

Peoples Bancorp Of North Carolina Inc (NASDAQ:PEBK) institutional sentiment increased to 4.57 in 2017 Q2. Its up 3.02, from 1.55 in 2017Q1. The ratio has increased, as 32 hedge funds started new and increased equity positions, while 7 sold and decreased stock positions in Peoples Bancorp Of North Carolina Inc. The hedge funds in our partner’s database now own: 3.09 million shares, up from 1.30 million shares in 2017Q1. Also, the number of hedge funds holding Peoples Bancorp Of North Carolina Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 13 New Position: 19.

Peoples Bancorp of North Carolina, Inc. operates as the holding firm for Peoples Bank that provides various banking services and products to individuals and small to medium-sized businesses in the United States. The company has market cap of $190.36 million. The Company’s deposit products include non-interest bearing demand deposits, savings accounts, NOW accounts, MMDA, and non-brokered certificates of deposits. It has a 20.31 P/E ratio. The companyÂ’s loan products comprise commercial real estate, commercial, construction and land development, single-family residential, residential mortgage, real estate mortgage, real estate construction, and consumer loans, as well as agricultural loans.

The stock increased 0.99% or $0.31 during the last trading session, reaching $31.75. About 8,579 shares traded or 5.68% up from the average. Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) has risen 46.92% since December 7, 2016 and is uptrending. It has outperformed by 30.22% the S&P500.

Gendell Jeffrey L holds 1.19% of its portfolio in Peoples Bancorp of North Carolina, Inc. for 523,065 shares. Maltese Capital Management Llc owns 55,000 shares or 0.17% of their US portfolio. Moreover, Kennedy Capital Management Inc. has 0.09% invested in the company for 143,444 shares. The North Carolina-based Salem Investment Counselors Inc has invested 0.06% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 40,803 shares.#img1#

More news for Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) were recently published by: Globenewswire.com, which released: “Peoples Bancorp Announces Cash Dividend in Conjunction With 10% Stock Dividend” on November 20, 2017. Globenewswire.com‘s article titled: “Peoples Bancorp Announces Cash Dividend” and published on August 18, 2017 is yet another important article.

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