GSA Capital Partners LLP Invests $486,000 in Penns Woods Bancorp, Inc. (NASDAQ:PWOD)

GSA Capital Partners LLP purchased a new position in shares of Penns Woods Bancorp, Inc. (NASDAQ:PWOD) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 20,426 shares of the financial services provider’s stock, valued at approximately $486,000. GSA Capital Partners LLP owned approximately 0.27% of Penns Woods Bancorp as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Quadrature Capital Ltd raised its holdings in shares of Penns Woods Bancorp by 2.6% during the 1st quarter. Quadrature Capital Ltd now owns 27,158 shares of the financial services provider’s stock worth $524,000 after buying an additional 693 shares in the last quarter. Commonwealth Equity Services LLC grew its position in Penns Woods Bancorp by 1.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 48,068 shares of the financial services provider’s stock worth $988,000 after acquiring an additional 869 shares during the last quarter. BNP Paribas Financial Markets grew its position in Penns Woods Bancorp by 55.5% during the 1st quarter. BNP Paribas Financial Markets now owns 3,554 shares of the financial services provider’s stock worth $69,000 after acquiring an additional 1,269 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in Penns Woods Bancorp during the 2nd quarter worth $39,000. Finally, Vanguard Group Inc. grew its position in Penns Woods Bancorp by 2.1% during the 1st quarter. Vanguard Group Inc. now owns 336,829 shares of the financial services provider’s stock worth $6,538,000 after acquiring an additional 6,992 shares during the last quarter. Institutional investors and hedge funds own 27.94% of the company’s stock.

Penns Woods Bancorp Trading Up 2.1 %

NASDAQ PWOD opened at $30.53 on Wednesday. Penns Woods Bancorp, Inc. has a 12 month low of $17.01 and a 12 month high of $30.55. 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 business’s 50-day moving average price is $25.39 and its two-hundred day moving average price is $22.56. The firm has a market capitalization of $230.20 million, a PE ratio of 11.56 and a beta of 0.44.

Penns Woods Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Tuesday, September 10th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.28 annualized dividend and a dividend yield of 4.19%. Penns Woods Bancorp’s payout ratio is 48.49%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Penns Woods Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday.

About Penns Woods Bancorp

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.