12,142 Shares in Penns Woods Bancorp, Inc. (NASDAQ:PWOD) Bought by ABC Arbitrage SA

ABC Arbitrage SA acquired a new stake in Penns Woods Bancorp, Inc. (NASDAQ:PWOD - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,142 shares of the financial services provider's stock, valued at approximately $369,000. ABC Arbitrage SA owned 0.16% of Penns Woods Bancorp as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Geode Capital Management LLC grew its position in shares of Penns Woods Bancorp by 6.2% in the 3rd quarter. Geode Capital Management LLC now owns 77,828 shares of the financial services provider's stock valued at $1,852,000 after buying an additional 4,511 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Penns Woods Bancorp by 217.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,499 shares of the financial services provider's stock valued at $821,000 after acquiring an additional 23,620 shares during the last quarter. Empowered Funds LLC increased its position in Penns Woods Bancorp by 4.9% during the 4th quarter. Empowered Funds LLC now owns 28,602 shares of the financial services provider's stock valued at $869,000 after purchasing an additional 1,342 shares during the period. RBF Capital LLC increased its position in Penns Woods Bancorp by 39.8% during the 3rd quarter. RBF Capital LLC now owns 25,847 shares of the financial services provider's stock valued at $615,000 after purchasing an additional 7,356 shares during the period. Finally, GSA Capital Partners LLP bought a new position in Penns Woods Bancorp during the 3rd quarter worth approximately $486,000. 27.94% of the stock is owned by institutional investors.

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Penns Woods Bancorp Trading Down 0.3 %

Penns Woods Bancorp stock traded down $0.08 during trading hours on Wednesday, reaching $30.93. 6,996 shares of the company's stock were exchanged, compared to its average volume of 15,806. The firm's 50 day simple moving average is $30.91 and its 200 day simple moving average is $27.40. Penns Woods Bancorp, Inc. has a twelve month low of $17.01 and a twelve month high of $34.56. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $233.21 million, a PE ratio of 13.11 and a beta of 0.47.

Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) last released its earnings results on Wednesday, January 29th. The financial services provider reported $0.57 EPS for the quarter. Penns Woods Bancorp had a return on equity of 9.26% and a net margin of 14.87%.

Penns Woods Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Tuesday, December 10th were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, December 10th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.14%. Penns Woods Bancorp's payout ratio is presently 54.24%.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Penns Woods Bancorp in a research report on Thursday, February 13th. They set a "hold" rating for the company.

Penns Woods Bancorp Profile

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement account (IRAs) accounts.