Citizens & Northern Corp Boosts Holdings in Citizens Financial Services, Inc. (NASDAQ:CZFS)

Citizens & Northern Corp boosted its position in Citizens Financial Services, Inc. (NASDAQ:CZFS - Free Report) by 29.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,922 shares of the company's stock after buying an additional 26,693 shares during the quarter. Citizens Financial Services makes up approximately 2.0% of Citizens & Northern Corp's portfolio, making the stock its 13th biggest position. Citizens & Northern Corp owned about 2.44% of Citizens Financial Services worth $7,339,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. De Lisle Partners LLP lifted its holdings in shares of Citizens Financial Services by 1.0% in the 3rd quarter. De Lisle Partners LLP now owns 15,354 shares of the company's stock worth $897,000 after acquiring an additional 152 shares during the last quarter. State Street Corp raised its position in Citizens Financial Services by 2.3% in the 3rd quarter. State Street Corp now owns 72,070 shares of the company's stock worth $4,234,000 after purchasing an additional 1,588 shares during the period. Barclays PLC lifted its stake in Citizens Financial Services by 286.2% in the third quarter. Barclays PLC now owns 5,924 shares of the company's stock worth $347,000 after purchasing an additional 4,390 shares during the last quarter. Geode Capital Management LLC boosted its position in Citizens Financial Services by 1.1% during the third quarter. Geode Capital Management LLC now owns 102,399 shares of the company's stock valued at $6,017,000 after buying an additional 1,112 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Citizens Financial Services by 177.9% during the third quarter. JPMorgan Chase & Co. now owns 7,272 shares of the company's stock valued at $427,000 after buying an additional 4,655 shares during the last quarter. 22.49% of the stock is currently owned by institutional investors.

Citizens Financial Services Trading Down 1.3 %

Shares of CZFS traded down $0.80 during trading hours on Friday, hitting $59.02. The company had a trading volume of 11,509 shares, compared to its average volume of 11,988. Citizens Financial Services, Inc. has a 52-week low of $38.52 and a 52-week high of $75.40. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.78. The stock's 50 day moving average price is $62.49 and its 200 day moving average price is $60.26. The firm has a market cap of $280.94 million, a P/E ratio of 10.05 and a beta of 0.55.

Citizens Financial Services (NASDAQ:CZFS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.54 by $0.14. Citizens Financial Services had a return on equity of 9.93% and a net margin of 16.39%. On average, research analysts predict that Citizens Financial Services, Inc. will post 6.4 EPS for the current year.

Citizens Financial Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a dividend of $0.49 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a yield of 3.32%. Citizens Financial Services's dividend payout ratio is currently 33.39%.

Citizens Financial Services Profile

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.