Equities researchers at StockNews.com started coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) in a report issued on Wednesday. The brokerage set a "hold" rating on the financial services provider's stock.
Penns Woods Bancorp Trading Down 2.8 %
Shares of Penns Woods Bancorp stock traded down $0.74 on Wednesday, hitting $26.12. 31,778 shares of the company traded hands, compared to its average volume of 24,754. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24. The company has a market cap of $198.85 million, a PE ratio of 11.07 and a beta of 0.36. The stock's 50 day moving average price is $29.53 and its 200-day moving average price is $28.98. Penns Woods Bancorp has a 52 week low of $17.01 and a 52 week high of $34.56.
Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) last issued its earnings results on Wednesday, January 29th. The financial services provider reported $0.57 earnings per share for the quarter. Penns Woods Bancorp had a return on equity of 9.26% and a net margin of 14.87%.
Institutional Investors Weigh In On Penns Woods Bancorp
Large investors have recently modified their holdings of the business. Wells Fargo & Company MN increased its holdings in Penns Woods Bancorp by 50.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,351 shares of the financial services provider's stock valued at $41,000 after buying an additional 451 shares during the period. JPMorgan Chase & Co. boosted its position in Penns Woods Bancorp by 471.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,680 shares of the financial services provider's stock valued at $183,000 after acquiring an additional 6,337 shares in the last quarter. Zullo Investment Group Inc. purchased a new position in shares of Penns Woods Bancorp in the 4th quarter valued at $207,000. OMERS ADMINISTRATION Corp purchased a new stake in shares of Penns Woods Bancorp during the 4th quarter worth $219,000. Finally, Point72 Asia Singapore Pte. Ltd. boosted its position in Penns Woods Bancorp by 4.6% during the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 7,797 shares of the financial services provider's stock valued at $237,000 after purchasing an additional 343 shares in the last quarter. Institutional investors own 27.94% of the company's stock.
About Penns Woods Bancorp
(
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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