Penns Woods Bancorp, Inc. (NASDAQ:PWOD) Shares Sold by Hudock Inc.

Hudock Inc. reduced its stake in Penns Woods Bancorp, Inc. (NASDAQ:PWOD - Free Report) by 10.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 76,437 shares of the financial services provider's stock after selling 8,889 shares during the period. Hudock Inc. owned 1.01% of Penns Woods Bancorp worth $2,323,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PWOD. Barclays PLC grew its stake in Penns Woods Bancorp by 19.2% during the 3rd quarter. Barclays PLC now owns 14,880 shares of the financial services provider's stock worth $353,000 after buying an additional 2,398 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Penns Woods Bancorp by 6.2% during the third quarter. Geode Capital Management LLC now owns 77,828 shares of the financial services provider's stock worth $1,852,000 after acquiring an additional 4,511 shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of Penns Woods Bancorp in the 3rd quarter valued at $486,000. JPMorgan Chase & Co. raised its position in Penns Woods Bancorp by 471.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,680 shares of the financial services provider's stock valued at $183,000 after purchasing an additional 6,337 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in Penns Woods Bancorp by 217.1% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,499 shares of the financial services provider's stock worth $821,000 after purchasing an additional 23,620 shares during the period. Institutional investors and hedge funds own 27.94% of the company's stock.

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Penns Woods Bancorp Stock Performance

PWOD traded up $0.12 during trading on Monday, hitting $31.42. The stock had a trading volume of 4,743 shares, compared to its average volume of 14,710. The firm has a market capitalization of $236.91 million, a P/E ratio of 13.31 and a beta of 0.47. The company's 50-day moving average price is $31.02 and its 200 day moving average price is $27.28. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. Penns Woods Bancorp, Inc. has a twelve month low of $17.01 and a twelve month high of $34.56.

Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) last released its earnings results on Wednesday, January 29th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter. Penns Woods Bancorp had a return on equity of 9.26% and a net margin of 14.87%.

Penns Woods Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Tuesday, December 10th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date was Tuesday, December 10th. Penns Woods Bancorp's dividend payout ratio is currently 54.24%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Penns Woods Bancorp in a research note on Thursday. They set a "hold" rating for the company.

Penns Woods Bancorp Profile

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement account (IRAs) accounts.