Penns Woods Bancorp (NASDAQ:PWOD) Research Coverage Started at StockNews.com

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

Penns Woods Bancorp Stock Down 0.1 %

PWOD opened at $30.69 on Monday. The business has a 50 day moving average price of $31.17 and a 200 day moving average price of $26.20. Penns Woods Bancorp has a twelve month low of $17.01 and a twelve month high of $34.56. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $231.40 million, a P/E ratio of 11.63 and a beta of 0.48.

Penns Woods Bancorp (NASDAQ:PWOD) last posted its earnings results on Thursday, October 24th. The financial services provider reported $0.63 earnings per share for the quarter. Penns Woods Bancorp had a return on equity of 9.95% and a net margin of 16.79%. The firm had revenue of $30.61 million during the quarter.

Penns Woods Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Tuesday, December 10th were paid a $0.32 dividend. The ex-dividend date was Tuesday, December 10th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.17%. Penns Woods Bancorp’s payout ratio is 48.49%.

Institutional Trading of Penns Woods Bancorp

Large investors have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC bought a new stake in shares of Penns Woods Bancorp during the second quarter worth $39,000. JPMorgan Chase & Co. lifted its stake in shares of Penns Woods Bancorp by 471.9% during the third quarter. JPMorgan Chase & Co. now owns 7,680 shares of the financial services provider’s stock valued at $183,000 after acquiring an additional 6,337 shares during the period. Hsbc Holdings PLC acquired a new position in shares of Penns Woods Bancorp during the second quarter valued at $205,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Penns Woods Bancorp during the second quarter valued at $223,000. Finally, Barclays PLC lifted its stake 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 acquiring an additional 2,398 shares during the period. 27.94% of the stock is currently owned by institutional investors.

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.