StockNews.com began coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD - Free Report) in a research note issued to investors on Friday. The firm issued a hold rating on the financial services provider's stock.
Penns Woods Bancorp Price Performance
PWOD traded up $1.29 during trading on Friday, hitting $28.03. The company's stock had a trading volume of 8,953 shares, compared to its average volume of 20,237. The firm's 50 day moving average price is $28.19 and its two-hundred day moving average price is $29.13. 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 has a 12 month low of $17.01 and a 12 month high of $34.56. The stock has a market capitalization of $213.39 million, a price-to-earnings ratio of 11.88 and a beta of 0.36.
Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) last released its earnings results on Wednesday, January 29th. The financial services provider reported $0.57 EPS for the quarter. Penns Woods Bancorp had a return on equity of 9.26% and a net margin of 14.87%.
Penns Woods Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were given a $0.32 dividend. The ex-dividend date was Tuesday, March 11th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.57%. Penns Woods Bancorp's dividend payout ratio is 54.24%.
Institutional Trading of Penns Woods Bancorp
Hedge funds have recently modified their holdings of the company. Wells Fargo & Company MN boosted its position 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 worth $41,000 after purchasing an additional 451 shares during the period. Zullo Investment Group Inc. acquired a new stake in shares of Penns Woods Bancorp during the fourth quarter worth $207,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Penns Woods Bancorp during the fourth quarter worth $219,000. JPMorgan Chase & Co. raised its stake in Penns Woods Bancorp by 471.9% in the third quarter. JPMorgan Chase & Co. now owns 7,680 shares of the financial services provider's stock valued at $183,000 after purchasing an additional 6,337 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. boosted its position in shares of Penns Woods Bancorp by 4.6% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 7,797 shares of the financial services provider's stock worth $237,000 after acquiring an additional 343 shares in the last quarter. 27.94% of the stock is currently owned by institutional investors and hedge funds.
About Penns Woods Bancorp
(
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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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