Wealth Enhancement Advisory Services LLC Makes New $301,000 Investment in Peoples Financial Services Corp. (NASDAQ:PFIS)

Wealth Enhancement Advisory Services LLC bought a new stake in Peoples Financial Services Corp. (NASDAQ:PFIS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,880 shares of the financial services provider's stock, valued at approximately $301,000. Wealth Enhancement Advisory Services LLC owned approximately 0.06% of Peoples Financial Services as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PFIS. PNC Financial Services Group Inc. increased its stake in Peoples Financial Services by 0.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 51,084 shares of the financial services provider's stock valued at $2,614,000 after buying an additional 200 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Peoples Financial Services by 4.5% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,279 shares of the financial services provider's stock worth $270,000 after acquiring an additional 228 shares during the last quarter. Invesco Ltd. boosted its position in Peoples Financial Services by 2.4% during the fourth quarter. Invesco Ltd. now owns 10,138 shares of the financial services provider's stock valued at $519,000 after purchasing an additional 242 shares during the last quarter. Rhumbline Advisers boosted its position in Peoples Financial Services by 4.1% during the fourth quarter. Rhumbline Advisers now owns 13,182 shares of the financial services provider's stock valued at $675,000 after purchasing an additional 518 shares during the last quarter. Finally, Martingale Asset Management L P grew its stake in Peoples Financial Services by 11.9% in the fourth quarter. Martingale Asset Management L P now owns 5,373 shares of the financial services provider's stock valued at $275,000 after purchasing an additional 570 shares in the last quarter. Institutional investors and hedge funds own 31.67% of the company's stock.

Peoples Financial Services Stock Down 1.0%

PFIS traded down $0.46 during midday trading on Monday, hitting $47.24. 14,356 shares of the company's stock traded hands, compared to its average volume of 24,742. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market cap of $472.16 million, a PE ratio of 41.81 and a beta of 0.76. The stock's fifty day simple moving average is $46.23 and its 200-day simple moving average is $48.48. Peoples Financial Services Corp. has a one year low of $38.90 and a one year high of $59.70.

Peoples Financial Services (NASDAQ:PFIS - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The financial services provider reported $1.51 EPS for the quarter, beating the consensus estimate of $1.35 by $0.16. The company had revenue of $62.43 million for the quarter, compared to the consensus estimate of $44.35 million. Peoples Financial Services had a return on equity of 8.97% and a net margin of 3.70%. As a group, equities analysts anticipate that Peoples Financial Services Corp. will post 5.92 earnings per share for the current fiscal year.

Peoples Financial Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were issued a dividend of $0.6175 per share. This represents a $2.47 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date was Friday, May 30th. Peoples Financial Services's dividend payout ratio (DPR) is 115.96%.

Peoples Financial Services Profile

Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money market, negotiable order of withdrawal, savings, individual retirement, demand deposit, and certificates of deposit accounts.