Penns Woods Bancorp (NASDAQ:PWOD) Now Covered by Analysts at StockNews.com

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

Penns Woods Bancorp Stock Performance

NASDAQ PWOD opened at $26.12 on Wednesday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.09 and a quick ratio of 1.09. The stock’s 50 day simple moving average is $29.53 and its 200-day simple moving average is $28.88. The company has a market cap of $198.85 million, a PE ratio of 11.07 and a beta of 0.46. Penns Woods Bancorp has a 1-year low of $17.01 and a 1-year high of $34.56.

Penns Woods Bancorp (NASDAQ:PWOD) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.57 EPS for the quarter. Penns Woods Bancorp had a return on equity of 9.26% and a net margin of 14.87%.

Penns Woods Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.28 annualized dividend and a yield of 4.90%. Penns Woods Bancorp’s dividend payout ratio is presently 54.24%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its position in shares of Penns Woods Bancorp by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 275,989 shares of the financial services provider’s stock valued at $8,387,000 after purchasing an additional 6,269 shares in the last quarter. Truffle Hound Capital LLC acquired a new position in Penns Woods Bancorp during the fourth quarter worth $6,078,000. Susquehanna International Group LLP grew its holdings in Penns Woods Bancorp by 236.6% in the 4th quarter. Susquehanna International Group LLP now owns 93,873 shares of the financial services provider’s stock valued at $2,853,000 after buying an additional 65,985 shares in the last quarter. Geode Capital Management LLC grew its holdings in Penns Woods Bancorp by 6.2% in the 3rd quarter. Geode Capital Management LLC now owns 77,828 shares of the financial services provider’s stock valued at $1,852,000 after buying an additional 4,511 shares in the last quarter. Finally, Bridgeway Capital Management LLC increased its stake in shares of Penns Woods Bancorp by 1.2% in the 4th quarter. Bridgeway Capital Management LLC now owns 75,847 shares of the financial services provider’s stock worth $2,305,000 after acquiring an additional 892 shares during the last quarter. 27.94% of the stock is owned by hedge funds and other 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.