Norwood Financial (NASDAQ:NWFL) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?

Norwood Financial Corp. (NASDAQ:NWFL - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $26.01 and traded as low as $25.99. Norwood Financial shares last traded at $26.40, with a volume of 18,370 shares traded.

Wall Street Analyst Weigh In

NWFL has been the subject of several analyst reports. Stephens restated an "equal weight" rating and issued a $25.50 price objective on shares of Norwood Financial in a research note on Monday, April 21st. Wall Street Zen raised Norwood Financial from a "sell" rating to a "hold" rating in a report on Saturday, May 10th.

Norwood Financial Trading Down 2.2%

The stock has a market capitalization of $234.83 million, a PE ratio of 2,536.00 and a beta of 0.69. The stock's 50 day moving average price is $25.04 and its 200-day moving average price is $25.90. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.74.

Norwood Financial (NASDAQ:NWFL - Get Free Report) last posted its quarterly earnings results on Thursday, April 17th. The financial services provider reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.04. Norwood Financial had a positive return on equity of 8.38% and a negative net margin of 0.16%. The business had revenue of $20.20 million for the quarter, compared to analysts' expectations of $20.60 million. On average, sell-side analysts expect that Norwood Financial Corp. will post 2.51 earnings per share for the current fiscal year.

Norwood Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Investors of record on Tuesday, April 15th were issued a $0.31 dividend. The ex-dividend date was Tuesday, April 15th. This represents a $1.24 dividend on an annualized basis and a yield of 4.89%. Norwood Financial's dividend payout ratio is presently 1,377.78%.

Institutional Investors Weigh In On Norwood Financial

Several institutional investors and hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP grew its stake in Norwood Financial by 2.1% during the first quarter. Wellington Management Group LLP now owns 630,867 shares of the financial services provider's stock valued at $15,248,000 after acquiring an additional 12,815 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of Norwood Financial during the fourth quarter valued at about $4,840,000. Geode Capital Management LLC increased its holdings in shares of Norwood Financial by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 166,450 shares of the financial services provider's stock worth $4,529,000 after purchasing an additional 811 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Norwood Financial by 2.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 106,786 shares of the financial services provider's stock worth $2,905,000 after buying an additional 3,017 shares in the last quarter. Finally, Alliancebernstein L.P. bought a new position in Norwood Financial during the fourth quarter valued at approximately $2,092,000. Institutional investors own 28.08% of the company's stock.

Norwood Financial Company Profile

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest-bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits.