Shares of Citizens & Northern Corp (NASDAQ:CZNC - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.55 and traded as high as $20.10. Citizens & Northern shares last traded at $20.07, with a volume of 39,275 shares trading hands.
Citizens & Northern Trading Down 1.3%
The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.69. The business has a 50 day moving average price of $19.00 and a 200 day moving average price of $19.58. The company has a market capitalization of $307.17 million, a P/E ratio of 11.33 and a beta of 0.49.
Citizens & Northern (NASDAQ:CZNC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.03). Citizens & Northern had a net margin of 16.92% and a return on equity of 9.80%. The business had revenue of $27.19 million during the quarter, compared to analyst estimates of $28.30 million. Analysts anticipate that Citizens & Northern Corp will post 1.91 EPS for the current year.
Citizens & Northern Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Sunday, May 4th were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date of this dividend was Friday, May 2nd. Citizens & Northern's dividend payout ratio (DPR) is currently 64.00%.
Insiders Place Their Bets
In other news, Director Terry L. Lehman purchased 1,400 shares of Citizens & Northern stock in a transaction on Tuesday, April 29th. The stock was purchased at an average price of $18.70 per share, with a total value of $26,180.00. Following the transaction, the director directly owned 28,237 shares in the company, valued at $528,031.90. The trade was a 5.22% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last three months, insiders purchased 1,638 shares of company stock worth $30,607. Corporate insiders own 4.49% of the company's stock.
Hedge Funds Weigh In On Citizens & Northern
A number of large investors have recently bought and sold shares of CZNC. Deutsche Bank AG boosted its holdings in shares of Citizens & Northern by 3.6% in the 4th quarter. Deutsche Bank AG now owns 14,566 shares of the financial services provider's stock valued at $271,000 after buying an additional 504 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Citizens & Northern by 28.7% in the 4th quarter. BNP Paribas Financial Markets now owns 4,117 shares of the financial services provider's stock valued at $77,000 after buying an additional 918 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Citizens & Northern by 3.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 42,672 shares of the financial services provider's stock valued at $859,000 after buying an additional 1,547 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Citizens & Northern by 24.6% in the 4th quarter. Wells Fargo & Company MN now owns 9,634 shares of the financial services provider's stock valued at $179,000 after buying an additional 1,900 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in shares of Citizens & Northern by 33.1% in the 4th quarter. MetLife Investment Management LLC now owns 10,101 shares of the financial services provider's stock valued at $188,000 after buying an additional 2,512 shares during the last quarter. Institutional investors and hedge funds own 30.83% of the company's stock.
About Citizens & Northern
(
Get Free Report)
Citizens & Northern Corp. is a holding company, which engages in community banking. It provides a full range of banking and mortgage services to individual and corporate customers in North Central Pennsylvania and Southern New York State. The firm's lending products include mortgage loans, commercial loans, and consumer loans.
Featured Articles
Before you consider Citizens & Northern, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Citizens & Northern wasn't on the list.
While Citizens & Northern currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
