Tudor Investment Corp ET AL Takes Position in Peoples Financial Services Corp. (NASDAQ:PFIS)

Tudor Investment Corp ET AL bought a new stake in Peoples Financial Services Corp. (NASDAQ:PFIS - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,364 shares of the financial services provider's stock, valued at approximately $377,000. Tudor Investment Corp ET AL owned approximately 0.07% of Peoples Financial Services as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Barclays PLC raised its position in shares of Peoples Financial Services by 304.8% in the 3rd quarter. Barclays PLC now owns 12,270 shares of the financial services provider's stock worth $576,000 after buying an additional 9,239 shares during the period. JPMorgan Chase & Co. raised its position in shares of Peoples Financial Services by 377.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,442 shares of the financial services provider's stock worth $958,000 after buying an additional 16,164 shares during the period. SG Americas Securities LLC raised its position in shares of Peoples Financial Services by 21.6% in the 4th quarter. SG Americas Securities LLC now owns 3,873 shares of the financial services provider's stock worth $198,000 after buying an additional 688 shares during the period. Alliance Wealth Advisors LLC raised its position in shares of Peoples Financial Services by 0.6% in the 4th quarter. Alliance Wealth Advisors LLC now owns 38,857 shares of the financial services provider's stock worth $1,989,000 after buying an additional 225 shares during the period. Finally, Rhumbline Advisers increased its holdings in Peoples Financial Services by 4.1% in the 4th quarter. Rhumbline Advisers now owns 13,182 shares of the financial services provider's stock valued at $675,000 after purchasing an additional 518 shares in the last quarter. 31.67% of the stock is currently owned by institutional investors and hedge funds.

Peoples Financial Services Stock Up 4.0%

NASDAQ PFIS traded up $1.91 during trading hours on Monday, hitting $49.61. The company had a trading volume of 16,855 shares, compared to its average volume of 23,809. Peoples Financial Services Corp. has a fifty-two week low of $37.50 and a fifty-two week high of $59.70. The company has a market capitalization of $495.85 million, a price-to-earnings ratio of 43.90 and a beta of 0.70. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.93 and a quick ratio of 0.93. The firm's 50 day moving average is $44.13 and its 200 day moving average is $48.95.

Peoples Financial Services (NASDAQ:PFIS - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The financial services provider reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.16. The firm had revenue of $62.43 million during the quarter, compared to the consensus estimate of $44.35 million. Peoples Financial Services had a return on equity of 8.97% and a net margin of 3.70%. Sell-side analysts anticipate that Peoples Financial Services Corp. will post 5.92 earnings per share for the current fiscal year.

Peoples Financial Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.6175 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.47 annualized dividend and a dividend yield of 4.98%. Peoples Financial Services's dividend payout ratio is presently 115.96%.

Insider Activity

In related news, Director Richard S. Lochen, Jr. purchased 1,000 shares of Peoples Financial Services stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average price of $47.12 per share, with a total value of $47,120.00. Following the completion of the transaction, the director now owns 17,129 shares of the company's stock, valued at approximately $807,118.48. This trade represents a 6.20% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 8.00% of the company's stock.

Peoples Financial Services 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.