Jane Street Group LLC decreased its position in shares of Penns Woods Bancorp, Inc. (NASDAQ:PWOD - Free Report) by 64.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,970 shares of the financial services provider's stock after selling 27,130 shares during the quarter. Jane Street Group LLC owned about 0.20% of Penns Woods Bancorp worth $356,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Cubist Systematic Strategies LLC acquired a new position in shares of Penns Woods Bancorp during the second quarter valued at $39,000. Hsbc Holdings PLC acquired a new position in Penns Woods Bancorp during the 2nd quarter valued at about $205,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Penns Woods Bancorp during the 2nd quarter worth about $223,000. Squarepoint Ops LLC acquired a new stake in shares of Penns Woods Bancorp in the 2nd quarter worth approximately $390,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of Penns Woods Bancorp in the 3rd quarter worth approximately $486,000. Institutional investors own 27.94% of the company's stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com began coverage on Penns Woods Bancorp in a research report on Saturday, January 4th. They set a "hold" rating on the stock.
Get Our Latest Stock Report on PWOD
Penns Woods Bancorp Price Performance
Shares of NASDAQ PWOD traded down $0.13 during trading on Thursday, hitting $29.93. The company had a trading volume of 16,235 shares, compared to its average volume of 28,747. Penns Woods Bancorp, Inc. has a 52 week low of $17.01 and a 52 week high of $34.56. The business's 50-day moving average is $30.73 and its 200 day moving average is $25.55. The company has a market cap of $225.79 million, a P/E ratio of 11.34 and a beta of 0.48. 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 Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date was Tuesday, December 10th. Penns Woods Bancorp's dividend payout ratio (DPR) is presently 48.48%.
About Penns Woods Bancorp
(
Free Report)
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.
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