Citizens Financial Services (NASDAQ:CZFS) Stock Price Up 5.2%

Citizens Financial Services, Inc. (NASDAQ:CZFS - Get Free Report)'s stock price was up 5.2% during trading on Monday . The company traded as high as $42.90 and last traded at $42.55. Approximately 15,330 shares traded hands during mid-day trading, an increase of 86% from the average daily volume of 8,258 shares. The stock had previously closed at $40.45.

Analyst Ratings Changes

Separately, Janney Montgomery Scott upgraded Citizens Financial Services from a "neutral" rating to a "buy" rating and set a $53.00 target price on the stock in a research report on Tuesday, April 30th.

Citizens Financial Services Price Performance

The company has a debt-to-equity ratio of 1.00, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a 50 day moving average price of $42.85 and a two-hundred day moving average price of $48.31. The firm has a market capitalization of $202.25 million, a price-to-earnings ratio of 11.53 and a beta of 0.48.

Citizens Financial Services (NASDAQ:CZFS - Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The company reported $1.49 earnings per share for the quarter, missing analysts' consensus estimates of $1.55 by ($0.06). Citizens Financial Services had a net margin of 11.63% and a return on equity of 10.43%. The firm had revenue of $25.93 million during the quarter, compared to analyst estimates of $25.90 million. As a group, analysts expect that Citizens Financial Services, Inc. will post 5.5 EPS for the current year.

Citizens Financial Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a dividend of $0.49 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.96 annualized dividend and a yield of 4.56%. Citizens Financial Services's payout ratio is 53.12%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Citizens Financial Services stock. SG Americas Securities LLC bought a new position in shares of Citizens Financial Services, Inc. (NASDAQ:CZFS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,844 shares of the company's stock, valued at approximately $119,000. Institutional investors own 22.49% of the company's stock.

About Citizens Financial Services

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.