Stock analysts at StockNews.com started coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD - Get Free Report) in a research report issued to clients and investors on Monday. The firm set a "hold" rating on the financial services provider's stock.
Penns Woods Bancorp Price Performance
Shares of PWOD stock traded up $0.38 during trading hours on Monday, hitting $30.34. The stock had a trading volume of 7,924 shares, compared to its average volume of 24,235. The stock's 50-day moving average price is $27.94 and its two-hundred day moving average price is $29.61. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.09 and a quick ratio of 1.09. Penns Woods Bancorp has a one year low of $18.91 and a one year high of $34.56. The stock has a market capitalization of $230.94 million, a price-to-earnings ratio of 12.84 and a beta of 0.45.
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 for the quarter. Penns Woods Bancorp had a return on equity of 9.26% and a net margin of 14.87%. The company had revenue of $18.71 million for the quarter.
Institutional Investors Weigh In On Penns Woods Bancorp
Large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in shares of Penns Woods Bancorp by 471.9% during the third 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 period. Barclays PLC boosted its position in shares of Penns Woods Bancorp by 19.2% during the third quarter. Barclays PLC now owns 14,880 shares of the financial services provider's stock valued at $353,000 after buying an additional 2,398 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Penns Woods Bancorp by 9.6% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 37,822 shares of the financial services provider's stock valued at $1,149,000 after buying an additional 3,323 shares during the period. ABC Arbitrage SA purchased a new position in shares of Penns Woods Bancorp during the fourth quarter valued at approximately $369,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Penns Woods Bancorp by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 275,989 shares of the financial services provider's stock valued at $8,387,000 after buying an additional 6,269 shares during the period. 27.94% of the stock is owned by institutional investors.
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.
See Also
Before you consider Penns Woods Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Penns Woods Bancorp wasn't on the list.
While Penns Woods Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
