Investment analysts at StockNews.com assumed coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) in a research note issued on Sunday. The brokerage set a "hold" rating on the financial services provider's stock.
Penns Woods Bancorp Trading Down 3.0 %
Shares of PWOD traded down $0.90 during trading hours on Friday, hitting $29.03. The stock had a trading volume of 12,315 shares, compared to its average volume of 26,003. The company's fifty day simple moving average is $30.77 and its 200 day simple moving average is $25.67. Penns Woods Bancorp has a 12-month low of $17.01 and a 12-month high of $34.56. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $219.00 million, a P/E ratio of 11.00 and a beta of 0.48.
Hedge Funds Weigh In On Penns Woods Bancorp
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in Penns Woods Bancorp by 471.9% during the third quarter. JPMorgan Chase & Co. now owns 7,680 shares of the financial services provider's stock valued at $183,000 after buying an additional 6,337 shares in the last quarter. Barclays PLC raised its position in shares of Penns Woods Bancorp by 19.2% during the 3rd quarter. Barclays PLC now owns 14,880 shares of the financial services provider's stock valued at $353,000 after acquiring an additional 2,398 shares in the last quarter. Geode Capital Management LLC lifted its stake in 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 purchasing an additional 4,511 shares during the last quarter. RBF Capital LLC boosted its holdings in Penns Woods Bancorp by 39.8% in the third quarter. RBF Capital LLC now owns 25,847 shares of the financial services provider's stock worth $615,000 after purchasing an additional 7,356 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in 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 worth $821,000 after purchasing an additional 23,620 shares during the period. 27.94% of the stock is owned by institutional investors and hedge funds.
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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