Jane Street Group LLC Has $1.44 Million Stake in Penns Woods Bancorp, Inc. (NASDAQ:PWOD)

Jane Street Group LLC lifted its holdings in Penns Woods Bancorp, Inc. (NASDAQ:PWOD - Free Report) by 215.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,270 shares of the financial services provider's stock after acquiring an additional 32,300 shares during the quarter. Jane Street Group LLC owned approximately 0.63% of Penns Woods Bancorp worth $1,437,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of PWOD. Wells Fargo & Company MN raised its stake in shares of Penns Woods Bancorp by 50.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,351 shares of the financial services provider's stock worth $41,000 after acquiring an additional 451 shares during the last quarter. Zullo Investment Group Inc. acquired a new stake in shares of Penns Woods Bancorp in the fourth quarter valued at approximately $207,000. JPMorgan Chase & Co. increased its holdings in shares of Penns Woods Bancorp by 471.9% in the third quarter. JPMorgan Chase & Co. now owns 7,680 shares of the financial services provider's stock valued at $183,000 after purchasing an additional 6,337 shares in the last quarter. Intellus Advisors LLC bought a new position in Penns Woods Bancorp in the 4th quarter worth approximately $321,000. Finally, ABC Arbitrage SA acquired a new position in Penns Woods Bancorp during the 4th quarter worth $369,000. 27.94% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen initiated coverage on Penns Woods Bancorp in a research note on Tuesday, May 20th. They issued a "hold" rating for the company.

Penns Woods Bancorp Trading Down 1.0%

Penns Woods Bancorp stock traded down $0.30 during mid-day trading on Friday, hitting $29.19. The stock had a trading volume of 12,725 shares, compared to its average volume of 23,880. The stock has a market capitalization of $222.25 million, a PE ratio of 12.37 and a beta of 0.45. Penns Woods Bancorp, Inc. has a 12 month low of $18.91 and a 12 month high of $34.56. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24. The stock has a 50-day simple moving average of $28.16 and a two-hundred day simple moving average of $29.75.

Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) last issued its earnings results on Friday, April 25th. The financial services provider reported $1.04 earnings per share (EPS) for the quarter. The company had revenue of $18.71 million for the quarter. Penns Woods Bancorp had a net margin of 14.87% and a return on equity of 9.26%.

Penns Woods Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 4.39%. The ex-dividend date was Tuesday, March 11th. Penns Woods Bancorp's payout ratio is 45.71%.

Penns Woods Bancorp 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.