Dimensional Fund Advisors LP Has $242,000 Stock Holdings in Citizens Financial Services, Inc. (NASDAQ:CZFS)

Dimensional Fund Advisors LP decreased its holdings in Citizens Financial Services, Inc. (NASDAQ:CZFS) by 5.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 5,395 shares of the company’s stock after selling 296 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Citizens Financial Services were worth $242,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in CZFS. Vanguard Group Inc. lifted its position in Citizens Financial Services by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 229,271 shares of the company’s stock valued at $11,280,000 after acquiring an additional 10,058 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Citizens Financial Services by 22.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 23,761 shares of the company’s stock valued at $1,068,000 after acquiring an additional 4,369 shares in the last quarter. Nisa Investment Advisors LLC bought a new position in Citizens Financial Services in the 2nd quarter valued at about $32,000. Hudock Inc. lifted its position in Citizens Financial Services by 1.6% in the 2nd quarter. Hudock Inc. now owns 41,028 shares of the company’s stock valued at $1,844,000 after acquiring an additional 627 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in Citizens Financial Services by 10.6% in the 2nd quarter. Rhumbline Advisers now owns 5,285 shares of the company’s stock valued at $238,000 after acquiring an additional 505 shares in the last quarter. Institutional investors own 22.49% of the company’s stock.

Citizens Financial Services Price Performance

Shares of NASDAQ CZFS opened at $57.34 on Tuesday. Citizens Financial Services, Inc. has a fifty-two week low of $38.52 and a fifty-two week high of $65.86. The stock has a market cap of $269.90 million, a price-to-earnings ratio of 15.54 and a beta of 0.48. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.00 and a current ratio of 1.01. The firm’s 50-day simple moving average is $52.54 and its 200 day simple moving average is $47.73.

Citizens Financial Services (NASDAQ:CZFS) last announced its quarterly earnings results on Tuesday, July 30th. The company reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.33 by ($0.03). Citizens Financial Services had a net margin of 16.44% and a return on equity of 10.18%. The business had revenue of $24.64 million during the quarter, compared to the consensus estimate of $25.40 million. As a group, research analysts anticipate that Citizens Financial Services, Inc. will post 5.31 earnings per share for the current fiscal year.

Citizens Financial Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were given a dividend of $0.49 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.96 annualized dividend and a dividend yield of 3.42%. Citizens Financial Services’s dividend payout ratio is currently 53.12%.

Citizens Financial Services Profile

Citizens Financial Services, Inc, a bank holding company, provides various banking products and services for individual, business, governmental, and institutional customers. The company accepts various deposit products, such as checking, savings, and time deposit accounts. Its loan products include residential, commercial, and agricultural real estate loans; commercial and industrial loans; state and political subdivision loans; and consumer loans, as well as various other specialized financial services.