Norwood Financial Co. (NASDAQ:NWFL) SVP John H. Sanders sold 2,005 shares of the stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $35.50, for a total transaction of $71,177.50. Following the completion of the sale, the senior vice president now owns 1,875 shares in the company, valued at $66,562.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
NWFL stock opened at $34.17 on Friday. Norwood Financial Co. has a 12 month low of $28.80 and a 12 month high of $39.69. The company’s 50 day simple moving average is $36.77 and its 200-day simple moving average is $34.03. The firm has a market capitalization of $215.31 million, a PE ratio of 15.12 and a beta of 0.47. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.90 and a quick ratio of 0.90.
Norwood Financial (NASDAQ:NWFL) last announced its earnings results on Thursday, January 23rd. The financial services provider reported $0.57 earnings per share (EPS) for the quarter. Norwood Financial had a net margin of 26.29% and a return on equity of 10.85%. The firm had revenue of $11.53 million for the quarter.
The company also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Wednesday, January 15th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, January 14th. This represents a $1.00 dividend on an annualized basis and a yield of 2.93%. This is a positive change from Norwood Financial’s previous quarterly dividend of $0.24.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. FNY Investment Advisers LLC acquired a new stake in Norwood Financial during the third quarter worth approximately $25,000. Citigroup Inc. boosted its position in Norwood Financial by 45.9% during the fourth quarter. Citigroup Inc. now owns 1,157 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 364 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in Norwood Financial during the third quarter worth approximately $142,000. Barclays PLC boosted its position in Norwood Financial by 100.2% during the fourth quarter. Barclays PLC now owns 5,882 shares of the financial services provider’s stock worth $228,000 after acquiring an additional 2,944 shares during the last quarter. Finally, California Public Employees Retirement System acquired a new stake in Norwood Financial during the fourth quarter worth approximately $273,000. Hedge funds and other institutional investors own 20.19% of the company’s stock.
Several analysts have recently commented on NWFL shares. Wood & Company increased their price target on shares of Norwood Financial to $9,702.00 and gave the company a “buy” rating in a research report on Friday, December 20th. ValuEngine lowered shares of Norwood Financial from a “hold” rating to a “sell” rating in a research report on Friday, December 13th.
About Norwood Financial
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.
Read More: Equal Weight Rating
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