John P. Painter II Purchases 290 Shares of Citizens Financial Services, Inc. (NASDAQ:CZFS) Stock

Citizens Financial Services, Inc. (NASDAQ:CZFS - Get Free Report) Director John P. Painter II purchased 290 shares of the business's stock in a transaction on Monday, November 4th. The shares were purchased at an average price of $56.65 per share, with a total value of $16,428.50. Following the completion of the purchase, the director now owns 1,904 shares in the company, valued at approximately $107,861.60. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Citizens Financial Services Stock Performance

Shares of CZFS traded up $2.38 on Monday, reaching $59.24. The company's stock had a trading volume of 18,556 shares, compared to its average volume of 10,094. Citizens Financial Services, Inc. has a 12-month low of $38.52 and a 12-month high of $65.86. The stock has a market capitalization of $281.98 million, a P/E ratio of 10.23 and a beta of 0.48. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.01 and a quick ratio of 1.00. The stock's 50 day simple moving average is $56.02 and its two-hundred day simple moving average is $49.10.

Citizens Financial Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 3.31%. The ex-dividend date was Friday, September 13th. Citizens Financial Services's dividend payout ratio is 33.85%.

Institutional Investors Weigh In On Citizens Financial Services

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Nisa Investment Advisors LLC purchased a new position in Citizens Financial Services during the second quarter valued at $32,000. Rhumbline Advisers lifted its position in shares of 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 buying an additional 505 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in 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 valued at $1,068,000 after buying an additional 4,369 shares during the last quarter. Hudock Inc. grew its holdings in Citizens Financial Services by 1.6% during the 2nd quarter. Hudock Inc. now owns 41,028 shares of the company's stock valued at $1,844,000 after buying an additional 627 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Citizens Financial Services by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 229,271 shares of the company's stock worth $11,280,000 after acquiring an additional 10,058 shares during the last quarter. 22.49% of the stock is owned by institutional investors.

Citizens Financial Services Company 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.