Equities researchers at StockNews.com initiated coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) in a report released on Tuesday. The firm set a "hold" rating on the financial services provider's stock.
Penns Woods Bancorp Trading Down 2.5 %
Shares of Penns Woods Bancorp stock traded down $0.72 during trading hours on Tuesday, hitting $28.20. The company's stock had a trading volume of 10,911 shares, compared to its average volume of 24,261. The stock has a market cap of $214.69 million, a price-to-earnings ratio of 11.95 and a beta of 0.46. 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 has a twelve month low of $17.01 and a twelve month high of $34.56. The firm has a fifty day moving average of $29.91 and a 200-day moving average of $28.63.
Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) last posted its earnings results on Wednesday, January 29th. The financial services provider reported $0.57 EPS for the quarter. Penns Woods Bancorp had a net margin of 14.87% and a return on equity of 9.26%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in PWOD. Truffle Hound Capital LLC acquired a new position in Penns Woods Bancorp during the 4th quarter worth about $6,078,000. Susquehanna International Group LLP increased its stake in Penns Woods Bancorp by 236.6% during the fourth quarter. Susquehanna International Group LLP now owns 93,873 shares of the financial services provider's stock worth $2,853,000 after purchasing an additional 65,985 shares during the period. Rhino Investment Partners Inc acquired a new stake in shares of Penns Woods Bancorp during the fourth quarter worth about $1,078,000. Jane Street Group LLC lifted its position in shares of Penns Woods Bancorp by 215.8% during the fourth quarter. Jane Street Group LLC now owns 47,270 shares of the financial services provider's stock worth $1,437,000 after purchasing an additional 32,300 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Penns Woods Bancorp by 217.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,499 shares of the financial services provider's stock valued at $821,000 after purchasing an additional 23,620 shares during the period. 27.94% of the stock is currently owned by institutional investors and hedge funds.
Penns Woods Bancorp Company Profile
(
Get 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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