Penns Woods Bancorp (NASDAQ:PWOD) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD) in a research note published on Tuesday. The firm issued a hold rating on the financial services provider’s stock.

Penns Woods Bancorp Price Performance

Penns Woods Bancorp stock opened at $28.49 on Tuesday. 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 firm has a market capitalization of $216.89 million, a P/E ratio of 12.07 and a beta of 0.46. The business has a 50-day moving average of $29.99 and a 200-day moving average of $28.63. Penns Woods Bancorp has a 1 year low of $17.01 and a 1 year high of $34.56.

Penns Woods Bancorp (NASDAQ:PWOD) last released its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.57 earnings per share for the quarter. Penns Woods Bancorp had a net margin of 14.87% and a return on equity of 9.26%.

Penns Woods Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend was Tuesday, March 11th. Penns Woods Bancorp’s payout ratio is presently 54.24%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. 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 worth $237,000 after purchasing an additional 343 shares during the period. Wells Fargo & Company MN increased its stake in Penns Woods Bancorp by 50.1% during the 4th 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 in the last quarter. Bridgeway Capital Management LLC raised its holdings in Penns Woods Bancorp by 1.2% during the 4th quarter. Bridgeway Capital Management LLC now owns 75,847 shares of the financial services provider’s stock worth $2,305,000 after buying an additional 892 shares during the period. Empowered Funds LLC lifted its stake in Penns Woods Bancorp by 4.9% in the fourth quarter. Empowered Funds LLC now owns 28,602 shares of the financial services provider’s stock valued at $869,000 after buying an additional 1,342 shares in the last quarter. Finally, Barclays PLC lifted its stake in Penns Woods Bancorp by 19.2% in the third quarter. Barclays PLC now owns 14,880 shares of the financial services provider’s stock valued at $353,000 after buying an additional 2,398 shares in the last quarter. 27.94% of the stock is owned by institutional investors and hedge funds.

Penns Woods Bancorp Company Profile

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.