Citizens Financial Services, Inc. (NASDAQ:CZFS) Shares Sold by Hudock Inc.

Hudock Inc. decreased its position in shares of Citizens Financial Services, Inc. (NASDAQ:CZFS) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,542 shares of the company’s stock after selling 574 shares during the quarter. Hudock Inc. owned 0.85% of Citizens Financial Services worth $2,567,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in Citizens Financial Services by 177.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,272 shares of the company’s stock valued at $427,000 after acquiring an additional 4,655 shares during the period. Barclays PLC grew its stake in Citizens Financial Services by 286.2% in the 3rd quarter. Barclays PLC now owns 5,924 shares of the company’s stock valued at $347,000 after acquiring an additional 4,390 shares during the period. Geode Capital Management LLC grew its stake in Citizens Financial Services by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 102,399 shares of the company’s stock valued at $6,017,000 after acquiring an additional 1,112 shares during the period. SG Americas Securities LLC acquired a new stake in Citizens Financial Services in the 4th quarter valued at $121,000. Finally, State Street Corp grew its stake in Citizens Financial Services by 2.3% in the 3rd quarter. State Street Corp now owns 72,070 shares of the company’s stock valued at $4,234,000 after acquiring an additional 1,588 shares during the period. Institutional investors and hedge funds own 22.49% of the company’s stock.

Citizens Financial Services Price Performance

Citizens Financial Services stock opened at $61.06 on Thursday. The company’s fifty day moving average price is $63.81 and its 200 day moving average price is $59.72. Citizens Financial Services, Inc. has a 1 year low of $38.52 and a 1 year high of $75.40. The stock has a market capitalization of $290.65 million, a P/E ratio of 10.40 and a beta of 0.55. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.96 and a current ratio of 0.97.

Citizens Financial Services (NASDAQ:CZFS) last released its quarterly earnings results on Tuesday, February 4th. The company reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.14. Citizens Financial Services had a net margin of 16.39% and a return on equity of 9.93%. As a group, equities research analysts anticipate that Citizens Financial Services, Inc. will post 6.4 earnings per share for the current fiscal year.

Citizens Financial Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.49 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a yield of 3.21%. Citizens Financial Services’s payout ratio is currently 33.39%.

Citizens Financial Services Company 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.