Eagle Wealth Strategies LLC Takes $1.39 Million Position in Peoples Financial Services Corp. (NASDAQ:PFIS)

Eagle Wealth Strategies LLC acquired a new position in Peoples Financial Services Corp. (NASDAQ:PFIS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 28,615 shares of the financial services provider's stock, valued at approximately $1,394,000. Peoples Financial Services comprises about 0.8% of Eagle Wealth Strategies LLC's investment portfolio, making the stock its 17th largest holding. Eagle Wealth Strategies LLC owned approximately 0.41% of Peoples Financial Services as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. SG Americas Securities LLC bought a new position in shares of Peoples Financial Services in the third quarter worth about $139,000. Commonwealth Equity Services LLC increased its position in shares of Peoples Financial Services by 13.5% during the third quarter. Commonwealth Equity Services LLC now owns 8,031 shares of the financial services provider's stock worth $322,000 after acquiring an additional 956 shares during the period. Fidelity D & D Bancorp Inc. bought a new stake in shares of Peoples Financial Services during the third quarter valued at approximately $333,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Peoples Financial Services by 2.4% in the third quarter. Bank of New York Mellon Corp now owns 46,766 shares of the financial services provider's stock valued at $1,875,000 after purchasing an additional 1,108 shares during the period. Hedge funds and other institutional investors own 31.67% of the company's stock.

Peoples Financial Services Trading Down 0.7 %

NASDAQ:PFIS traded down $0.26 during midday trading on Monday, hitting $38.02. The stock had a trading volume of 9,649 shares, compared to its average volume of 12,355. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average of $39.66 and a 200 day moving average of $42.44. The company has a market capitalization of $268.42 million, a price-to-earnings ratio of 11.66 and a beta of 0.44. Peoples Financial Services Corp. has a one year low of $30.60 and a one year high of $49.99.

Peoples Financial Services (NASDAQ:PFIS - Get Free Report) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter. The business had revenue of $23.48 million for the quarter. Peoples Financial Services had a return on equity of 7.56% and a net margin of 13.81%. As a group, sell-side analysts forecast that Peoples Financial Services Corp. will post 4.06 EPS for the current year.

Peoples Financial Services Company 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.