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 shares of Peoples Financial Services Corp. (NASDAQ:PFIS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund 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 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hoey Investments Inc. acquired a new position in shares of Peoples Financial Services during the 4th quarter valued at $126,000. Squarepoint Ops LLC acquired a new position in shares of Peoples Financial Services during the 4th quarter valued at $239,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Peoples Financial Services by 4.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,279 shares of the financial services provider's stock valued at $270,000 after acquiring an additional 228 shares in the last quarter. Martingale Asset Management L P lifted its holdings in shares of Peoples Financial Services by 11.9% during the 4th quarter. Martingale Asset Management L P now owns 5,373 shares of the financial services provider's stock valued at $275,000 after acquiring an additional 570 shares in the last quarter. Finally, First Trust Advisors LP acquired a new position in Peoples Financial Services in the 4th quarter worth $310,000. Institutional investors and hedge funds own 31.67% of the company's stock.

Peoples Financial Services Stock Up 1.0%

PFIS stock traded up $0.47 during trading on Wednesday, reaching $47.14. The stock had a trading volume of 10,062 shares, compared to its average volume of 24,687. Peoples Financial Services Corp. has a 1-year low of $38.90 and a 1-year high of $59.70. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $471.40 million, a P/E ratio of 22.13 and a beta of 0.76. The firm has a fifty day moving average price of $46.49 and a 200 day moving average price of $48.40.

Peoples Financial Services (NASDAQ:PFIS - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The financial services provider reported $1.51 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.16. Peoples Financial Services had a net margin of 7.83% and a return on equity of 10.37%. The firm had revenue of $62.43 million for the quarter, compared to analyst estimates of $44.35 million. On average, equities analysts anticipate that Peoples Financial Services Corp. will post 5.92 earnings per share for the current year.

Peoples Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were given a dividend of $0.6175 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $2.47 annualized dividend and a dividend yield of 5.24%. Peoples Financial Services's payout ratio 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.