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Penns Woods Bancorp, Inc. (NASDAQ:PWOD) Announces $0.32 Quarterly Dividend

Penns Woods Bancorp logo with Finance background

Penns Woods Bancorp, Inc. (NASDAQ:PWOD - Get Free Report) declared a quarterly dividend on Tuesday, May 27th, RTT News reports. Shareholders of record on Tuesday, June 10th will be given a dividend of 0.32 per share by the financial services provider on Tuesday, June 24th. This represents a $1.28 annualized dividend and a yield of 4.33%. The ex-dividend date is Tuesday, June 10th.

Penns Woods Bancorp Trading Up 0.7%

PWOD stock traded up $0.22 during mid-day trading on Thursday, reaching $29.56. 10,320 shares of the stock traded hands, compared to its average volume of 23,599. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market capitalization of $225.07 million, a PE ratio of 12.53 and a beta of 0.45. Penns Woods Bancorp has a one year low of $18.91 and a one year high of $34.56. The business has a 50-day moving average price of $28.24 and a two-hundred day moving average price of $29.77.

Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The financial services provider reported $1.04 earnings per share (EPS) for the quarter. The firm 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%.

Institutional Trading of Penns Woods Bancorp

Several institutional investors have recently added to or reduced their stakes in the stock. Cubist Systematic Strategies LLC raised its stake in shares of Penns Woods Bancorp by 124.5% in the first quarter. Cubist Systematic Strategies LLC now owns 4,191 shares of the financial services provider's stock valued at $117,000 after acquiring an additional 2,324 shares in the last quarter. Empowered Funds LLC increased its stake in Penns Woods Bancorp by 1.8% in the first quarter. Empowered Funds LLC now owns 29,122 shares of the financial services provider's stock valued at $813,000 after purchasing an additional 520 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in Penns Woods Bancorp by 46.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 36,282 shares of the financial services provider's stock worth $1,013,000 after acquiring an additional 11,453 shares during the period. Institutional investors and hedge funds own 27.94% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen began coverage on shares of Penns Woods Bancorp in a research note on Tuesday, May 20th. They issued a "hold" rating on the stock.

View Our Latest Report on Penns Woods Bancorp

About Penns Woods Bancorp

(Get Free Report)

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.

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Dividend History for Penns Woods Bancorp (NASDAQ:PWOD)

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