Equities researchers at StockNews.com assumed coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) in a report released on Sunday. The brokerage set a "hold" rating on the financial services provider's stock.
Penns Woods Bancorp Stock Up 0.1 %
Shares of NASDAQ PWOD traded up $0.02 during trading on Friday, hitting $29.32. 6,977 shares of the company traded hands, compared to its average volume of 24,682. The firm has a market capitalization of $223.21 million, a price-to-earnings ratio of 12.42 and a beta of 0.45. The business's fifty day moving average is $27.86 and its 200 day moving average is $29.42. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. Penns Woods Bancorp has a fifty-two week low of $18.12 and a fifty-two week high of $34.56.
Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) last announced its quarterly earnings results on Friday, April 25th. The financial services provider reported $1.04 earnings per share (EPS) for the quarter. The business had revenue of $18.71 million for the quarter. Penns Woods Bancorp had a return on equity of 9.26% and a net margin of 14.87%.
Institutional Investors Weigh In On Penns Woods Bancorp
Institutional investors and hedge funds have recently made changes to their positions in the business. Barclays PLC increased its holdings in Penns Woods Bancorp by 19.2% during the 3rd quarter. Barclays PLC now owns 14,880 shares of the financial services provider's stock worth $353,000 after purchasing an additional 2,398 shares in the last quarter. Geode Capital Management LLC grew its holdings in Penns Woods Bancorp by 6.2% during the third quarter. Geode Capital Management LLC now owns 77,828 shares of the financial services provider's stock worth $1,852,000 after buying an additional 4,511 shares in the last quarter. JPMorgan Chase & Co. raised its position in Penns Woods Bancorp by 471.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,680 shares of the financial services provider's stock valued at $183,000 after buying an additional 6,337 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Penns Woods Bancorp by 9.6% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 37,822 shares of the financial services provider's stock worth $1,149,000 after acquiring an additional 3,323 shares in the last quarter. Finally, ABC Arbitrage SA bought a new position in shares of Penns Woods Bancorp during the fourth quarter valued at about $369,000. Institutional investors and hedge funds own 27.94% of the company's stock.
Penns Woods Bancorp Company Profile
(
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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