Research analysts at StockNews.com began coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) in a report issued on Friday. The brokerage set a "hold" rating on the financial services provider's stock.
Penns Woods Bancorp Stock Performance
PWOD stock traded down $0.50 during mid-day trading on Friday, reaching $29.15. 11,543 shares of the stock traded hands, compared to its average volume of 15,327. The firm has a market capitalization of $219.91 million, a PE ratio of 12.35 and a beta of 0.47. The business has a 50-day moving average of $30.61 and a two-hundred day moving average of $27.64. Penns Woods Bancorp has a 52 week low of $17.01 and a 52 week high of $34.56. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.24.
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%.
Institutional Trading of Penns Woods Bancorp
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. raised its position in shares of 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 buying an additional 343 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Penns Woods Bancorp by 50.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,351 shares of the financial services provider's stock valued at $41,000 after acquiring an additional 451 shares in the last quarter. Bridgeway Capital Management LLC lifted its position in shares of Penns Woods Bancorp by 1.2% in the 4th quarter. Bridgeway Capital Management LLC now owns 75,847 shares of the financial services provider's stock worth $2,305,000 after acquiring an additional 892 shares during the period. Empowered Funds LLC grew its holdings in shares of Penns Woods Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 27,260 shares of the financial services provider's stock worth $648,000 after purchasing an additional 1,340 shares in the last quarter. Finally, Barclays PLC increased its position in shares of Penns Woods Bancorp by 19.2% during the third quarter. Barclays PLC now owns 14,880 shares of the financial services provider's stock valued at $353,000 after purchasing an additional 2,398 shares during the period. 27.94% of the stock is currently 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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