Stephen J. Guillaume Buys 300 Shares of Citizens Financial Services, Inc. (NASDAQ:CZFS) Stock

Citizens Financial Services, Inc. (NASDAQ:CZFS) EVP Stephen J. Guillaume purchased 300 shares of the business’s stock in a transaction on Tuesday, April 30th. The stock was acquired at an average price of $40.00 per share, with a total value of $12,000.00. Following the purchase, the executive vice president now directly owns 3,586 shares in the company, valued at approximately $143,440. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Citizens Financial Services Trading Up 5.0 %

Shares of CZFS opened at $42.44 on Thursday. The firm has a market cap of $199.89 million, a P/E ratio of 11.50 and a beta of 0.34. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.99 and a quick ratio of 0.99. Citizens Financial Services, Inc. has a 1 year low of $38.91 and a 1 year high of $92.00. The company has a 50 day simple moving average of $44.85 and a two-hundred day simple moving average of $52.59.

Citizens Financial Services (NASDAQ:CZFS) last posted its earnings results on Tuesday, January 30th. The company reported $1.60 earnings per share for the quarter, missing the consensus estimate of $1.62 by ($0.02). The company had revenue of $25.34 million for the quarter, compared to analysts’ expectations of $27.80 million. Citizens Financial Services had a net margin of 11.63% and a return on equity of 10.57%. On average, equities analysts expect that Citizens Financial Services, Inc. will post 6.65 earnings per share for the current fiscal year.

Citizens Financial Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.49 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.62%. Citizens Financial Services’s payout ratio is 53.12%.

Analysts Set New Price Targets

Separately, Janney Montgomery Scott raised Citizens Financial Services from a “neutral” rating to a “buy” rating and set a $53.00 price objective for the company in a research note on Tuesday.

Institutional Investors Weigh In On Citizens Financial Services

Several large investors have recently made changes to their positions in CZFS. SG Americas Securities LLC bought a new position in Citizens Financial Services during the fourth quarter valued at approximately $119,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Citizens Financial Services during the 3rd quarter worth approximately $37,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of Citizens Financial Services by 5.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 6,030 shares of the company’s stock valued at $289,000 after acquiring an additional 337 shares during the last quarter. 22.49% of the stock is owned by institutional investors.

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.