Citadel Advisors LLC Cuts Stock Position in Citizens Financial Services, Inc. (NASDAQ:CZFS)

Citadel Advisors LLC cut its position in Citizens Financial Services, Inc. (NASDAQ:CZFS - Free Report) by 53.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,096 shares of the company's stock after selling 4,770 shares during the period. Citadel Advisors LLC owned approximately 0.09% of Citizens Financial Services worth $259,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. American Century Companies Inc. raised its holdings in shares of Citizens Financial Services by 148.3% during the fourth quarter. American Century Companies Inc. now owns 22,237 shares of the company's stock valued at $1,408,000 after purchasing an additional 13,281 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Citizens Financial Services by 99.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,734 shares of the company's stock worth $743,000 after purchasing an additional 5,840 shares during the period. Northern Trust Corp boosted its position in shares of Citizens Financial Services by 2.0% during the fourth quarter. Northern Trust Corp now owns 40,504 shares of the company's stock worth $2,564,000 after acquiring an additional 806 shares during the last quarter. Trexquant Investment LP bought a new position in shares of Citizens Financial Services during the fourth quarter worth $338,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Citizens Financial Services by 127.9% during the fourth quarter. JPMorgan Chase & Co. now owns 16,576 shares of the company's stock worth $1,049,000 after acquiring an additional 9,304 shares during the last quarter. 22.49% of the stock is owned by hedge funds and other institutional investors.

Citizens Financial Services Trading Up 3.9%

Shares of CZFS traded up $2.33 during midday trading on Friday, hitting $61.38. The stock had a trading volume of 15,284 shares, compared to its average volume of 13,987. Citizens Financial Services, Inc. has a 1 year low of $39.10 and a 1 year high of $75.40. The firm has a market cap of $292.17 million, a PE ratio of 10.46 and a beta of 0.45. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.97 and a quick ratio of 0.96. The stock's 50 day moving average is $57.88 and its 200 day moving average is $61.13.

Citizens Financial Services (NASDAQ:CZFS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.11. Citizens Financial Services had a net margin of 16.39% and a return on equity of 9.93%. The company had revenue of $26.44 million for the quarter. As a group, analysts forecast that Citizens Financial Services, Inc. will post 6.4 EPS for the current fiscal year.

About Citizens Financial Services

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.