10,549 Shares in Penns Woods Bancorp, Inc. (NASDAQ:PWOD) Purchased by Intellus Advisors LLC

Intellus Advisors LLC acquired a new position in shares of Penns Woods Bancorp, Inc. (NASDAQ:PWOD - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,549 shares of the financial services provider's stock, valued at approximately $321,000. Intellus Advisors LLC owned approximately 0.14% of Penns Woods Bancorp as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in PWOD. Truffle Hound Capital LLC bought a new stake in shares of Penns Woods Bancorp in the 4th quarter valued at about $6,078,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Penns Woods Bancorp by 9.6% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 37,822 shares of the financial services provider's stock worth $1,149,000 after buying an additional 3,323 shares in the last quarter. Zullo Investment Group Inc. bought a new stake in Penns Woods Bancorp during the fourth quarter worth about $207,000. ABC Arbitrage SA bought a new stake in shares of Penns Woods Bancorp in the 4th quarter valued at about $369,000. Finally, Empowered Funds LLC lifted its holdings in shares of Penns Woods Bancorp by 4.9% during the fourth quarter. Empowered Funds LLC now owns 28,602 shares of the financial services provider's stock worth $869,000 after buying an additional 1,342 shares in the last quarter. Institutional investors own 27.94% of the company's stock.

Wall Street Analyst Weigh In

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

Penns Woods Bancorp Stock Down 0.1 %

Shares of PWOD traded down $0.02 during trading hours on Wednesday, reaching $28.47. The stock had a trading volume of 11,028 shares, compared to its average volume of 24,137. The company has a market capitalization of $216.74 million, a price-to-earnings ratio of 12.06 and a beta of 0.46. Penns Woods Bancorp, Inc. has a 12 month low of $17.01 and a 12 month high of $34.56. The firm has a 50-day simple moving average of $29.95 and a 200 day simple moving average of $28.62. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24.

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

Penns Woods Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.28 dividend on an annualized basis and a yield of 4.50%. Penns Woods Bancorp's dividend payout ratio is presently 54.24%.

About Penns Woods Bancorp

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.