Norwood Financial (NASDAQ:NWFL) Stock Price Crosses Above 50-Day Moving Average - Here's Why

Norwood Financial Corp. (NASDAQ:NWFL - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $27.18 and traded as high as $28.50. Norwood Financial shares last traded at $27.63, with a volume of 4,269 shares traded.

Norwood Financial Trading Down 1.6 %

The company has a 50 day moving average of $27.18 and a 200 day moving average of $25.98. The firm has a market cap of $220.21 million, a P/E ratio of 14.47 and a beta of 0.63. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.90 and a current ratio of 0.90.

Norwood Financial (NASDAQ:NWFL - Get Free Report) last announced its quarterly earnings results on Friday, July 26th. The financial services provider reported $0.52 earnings per share for the quarter. The company had revenue of $17.13 million during the quarter. Norwood Financial had a return on equity of 7.40% and a net margin of 11.52%.

Norwood Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, October 18th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date is Friday, October 18th. Norwood Financial's dividend payout ratio (DPR) is 62.83%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. BNP Paribas Financial Markets lifted its holdings in shares of Norwood Financial by 58.8% during the 1st quarter. BNP Paribas Financial Markets now owns 3,402 shares of the financial services provider's stock worth $93,000 after acquiring an additional 1,260 shares during the period. John G Ullman & Associates Inc. boosted its holdings in Norwood Financial by 233.7% during the first quarter. John G Ullman & Associates Inc. now owns 23,360 shares of the financial services provider's stock valued at $636,000 after purchasing an additional 16,360 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Norwood Financial by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 379,847 shares of the financial services provider's stock valued at $10,336,000 after purchasing an additional 2,978 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Norwood Financial by 9.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 30,657 shares of the financial services provider's stock worth $778,000 after buying an additional 2,563 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Norwood Financial by 258.7% during the 2nd quarter. Cetera Investment Advisers now owns 84,919 shares of the financial services provider's stock worth $2,155,000 after buying an additional 61,247 shares during the period. 28.08% of the stock is currently owned by institutional investors and hedge funds.

About Norwood Financial

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest-bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits.