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Analysts at Drexel Hamilton started coverage on shares of National Penn Bancshares (NASDAQ:NPBC) in a research report issued to clients and investors on Thursday, TheFlyOnTheWall.com reports. The firm set a “hold” rating on the stock.

Shares of National Penn Bancshares (NASDAQ:NPBC) traded up 1.24% during mid-day trading on Thursday, hitting $9.79. The stock had a trading volume of 1,118,623 shares. National Penn Bancshares has a 52-week low of $9.51 and a 52-week high of $11.63. The stock has a 50-day moving average of $10.26 and a 200-day moving average of $10.64. The company has a market cap of $1.362 billion and a price-to-earnings ratio of 14.95.

National Penn Bancshares (NASDAQ:NPBC) last posted its quarterly earnings results on Thursday, April 17th. The company reported $0.16 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.17 by $0.01. During the same quarter last year, the company posted $0.16 earnings per share. Analysts expect that National Penn Bancshares will post $0.71 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, May 16th. Shareholders of record on Saturday, May 3rd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date of this dividend is Wednesday, April 30th.

National Penn Bancshares, Inc is a bank holding company. The Company provides a range of financial services, principally through its national bank subsidiary, National Penn Bank (NASDAQ:NPBC), including its KNBT and Nittany divisions.

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