Norwood Financial Corp. (NASDAQ:NWFL - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $28.62 and traded as high as $31.40. Norwood Financial shares last traded at $30.84, with a volume of 7,364 shares.
Norwood Financial Stock Down 0.9 %
The stock's fifty day simple moving average is $28.62 and its 200-day simple moving average is $26.70. The stock has a market cap of $249.50 million, a P/E ratio of 19.40 and a beta of 0.61. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.90 and a current ratio of 0.91.
Norwood Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Friday, October 18th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.89%. The ex-dividend date was Friday, October 18th. Norwood Financial's dividend payout ratio (DPR) is currently 75.47%.
Hedge Funds Weigh In On Norwood Financial
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its position in shares of Norwood Financial by 58.8% in the first quarter. BNP Paribas Financial Markets now owns 3,402 shares of the financial services provider's stock worth $93,000 after purchasing an additional 1,260 shares during the period. Vanguard Group Inc. raised its position 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 buying an additional 2,978 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Norwood Financial by 9.1% during 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 acquiring an additional 2,563 shares during the period. Cetera Investment Advisers boosted 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 acquiring an additional 61,247 shares in the last quarter. Finally, Code Waechter LLC bought a new position in Norwood Financial in the third quarter valued at approximately $815,000. 28.08% of the stock is owned by institutional investors and hedge funds.
Norwood Financial Company Profile
(
Get Free Report)
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.
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