Shares of Citizens Financial Services, Inc. (NASDAQ:CZFS - Get Free Report) shot up 0.9% during mid-day trading on Monday . The stock traded as high as $75.40 and last traded at $73.40. 26,328 shares traded hands during trading, an increase of 134% from the average session volume of 11,244 shares. The stock had previously closed at $72.74.
Citizens Financial Services Stock Down 3.4 %
The business's 50 day moving average is $61.13 and its 200 day moving average is $51.98. The company has a market cap of $337.58 million, a P/E ratio of 12.25 and a beta of 0.48. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.78.
Citizens Financial Services Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were given a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend was Friday, September 13th. Citizens Financial Services's payout ratio is 33.85%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the company. Nisa Investment Advisors LLC acquired a new position in shares of Citizens Financial Services during the second quarter worth $32,000. Vanguard Group Inc. raised its stake in Citizens Financial Services by 4.6% in the first quarter. Vanguard Group Inc. now owns 229,271 shares of the company's stock valued at $11,280,000 after buying an additional 10,058 shares during the last quarter. Rhumbline Advisers boosted its holdings in Citizens Financial Services by 10.6% in the second quarter. Rhumbline Advisers now owns 5,285 shares of the company's stock worth $238,000 after acquiring an additional 505 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Citizens Financial Services by 22.5% during the second quarter. Bank of New York Mellon Corp now owns 23,761 shares of the company's stock worth $1,068,000 after acquiring an additional 4,369 shares during the last quarter. Finally, Barclays PLC increased its holdings in shares of Citizens Financial Services by 286.2% during the third quarter. Barclays PLC now owns 5,924 shares of the company's stock valued at $347,000 after acquiring an additional 4,390 shares in the last quarter. Institutional investors own 22.49% of the company's stock.
Citizens Financial Services Company Profile
(
Get Free Report)
Citizens Financial Services, Inc, a bank holding company, provides various banking products and services for individual, business, governmental, and institutional customers. The company accepts various deposit products, such as checking, savings, and time deposit accounts. Its loan products include residential, commercial, and agricultural real estate loans; commercial and industrial loans; state and political subdivision loans; and consumer loans, as well as various other specialized financial services.
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