Signature Estate & Investment Advisors LLC Makes New Investment in Norwood Financial Corp. (NASDAQ:NWFL)

Signature Estate & Investment Advisors LLC purchased a new stake in shares of Norwood Financial Corp. (NASDAQ:NWFL) during the third quarter, Holdings Channel.com reports. The firm purchased 7,268 shares of the financial services provider’s stock, valued at approximately $200,000.

Several other institutional investors and hedge funds have also made changes to their positions in NWFL. Cetera Investment Advisers boosted its position in Norwood Financial by 258.7% in the second quarter. Cetera Investment Advisers now owns 84,919 shares of the financial services provider’s stock valued at $2,155,000 after buying an additional 61,247 shares during the last quarter. Code Waechter LLC acquired a new stake in Norwood Financial during the 3rd quarter valued at approximately $815,000. Vanguard Group Inc. boosted its holdings in shares of Norwood Financial by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 379,847 shares of the financial services provider’s stock valued at $10,336,000 after acquiring an additional 2,978 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Norwood Financial by 9.1% during the second quarter. Bank of New York Mellon Corp now owns 30,657 shares of the financial services provider’s stock worth $778,000 after purchasing an additional 2,563 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Norwood Financial by 58.8% during the first quarter. BNP Paribas Financial Markets now owns 3,402 shares of the financial services provider’s stock valued at $93,000 after purchasing an additional 1,260 shares during the period. 28.08% of the stock is currently owned by institutional investors and hedge funds.

Norwood Financial Price Performance

NASDAQ:NWFL opened at $30.84 on Monday. The firm’s fifty day moving average is $28.62 and its two-hundred day moving average is $26.72. The firm has a market cap of $249.50 million, a price-to-earnings ratio of 19.40 and a beta of 0.61. Norwood Financial Corp. has a one year low of $23.50 and a one year high of $34.50. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.90 and a current ratio of 0.91.

Norwood Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Friday, October 18th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.89%. The ex-dividend date was Friday, October 18th. Norwood Financial’s dividend payout ratio is currently 75.47%.

Norwood Financial Company Profile

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest-bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits.