Norwood Financial Corp. (NASDAQ:NWFL - Get Free Report) traded down 1% during mid-day trading on Thursday . The stock traded as low as $29.96 and last traded at $30.20. 17,138 shares changed hands during trading, an increase of 67% from the average session volume of 10,290 shares. The stock had previously closed at $30.50.
Norwood Financial Stock Performance
The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.74. The stock has a market cap of $246.40 million, a price-to-earnings ratio of 18.99 and a beta of 0.61. The firm has a fifty day simple moving average of $29.64 and a 200-day simple moving average of $27.44.
Norwood Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Friday, October 18th were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, October 18th. This represents a $1.20 annualized dividend and a dividend yield of 3.94%. Norwood Financial's dividend payout ratio is currently 75.47%.
Institutional Trading of Norwood Financial
A number of institutional investors and hedge funds have recently modified their holdings of NWFL. Signature Estate & Investment Advisors LLC bought a new position in Norwood Financial during the third quarter worth about $200,000. Barclays PLC boosted its holdings in Norwood Financial by 280.5% during the third quarter. Barclays PLC now owns 9,787 shares of the financial services provider's stock worth $270,000 after purchasing an additional 7,215 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Norwood Financial by 3.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 20,537 shares of the financial services provider's stock valued at $566,000 after purchasing an additional 600 shares in the last quarter. Code Waechter LLC acquired a new stake in Norwood Financial in the 3rd quarter valued at $815,000. Finally, Bank of New York Mellon Corp lifted its position in 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 buying an additional 2,563 shares in the last quarter. 28.08% of the stock is owned by institutional investors.
About Norwood Financial
(
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.
Further Reading
Before you consider Norwood Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Norwood Financial wasn't on the list.
While Norwood Financial currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
