9,114 Shares in Peoples Financial Services Corp. (NASDAQ:PFIS) Purchased by Walleye Capital LLC

Walleye Capital LLC bought a new position in shares of Peoples Financial Services Corp. (NASDAQ:PFIS - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 9,114 shares of the financial services provider's stock, valued at approximately $466,000. Walleye Capital LLC owned 0.09% of Peoples Financial Services as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PFIS. Stifel Financial Corp lifted its position in Peoples Financial Services by 60.2% in the third quarter. Stifel Financial Corp now owns 12,308 shares of the financial services provider's stock valued at $577,000 after acquiring an additional 4,627 shares during the last quarter. State Street Corp increased its position in shares of Peoples Financial Services by 6.6% during the third quarter. State Street Corp now owns 181,656 shares of the financial services provider's stock worth $8,516,000 after purchasing an additional 11,236 shares in the last quarter. Barclays PLC lifted its holdings 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 valued at $576,000 after purchasing an additional 9,239 shares during the last quarter. Geode Capital Management LLC grew its stake in Peoples Financial Services by 14.9% during the 3rd quarter. Geode Capital Management LLC now owns 211,451 shares of the financial services provider's stock worth $9,914,000 after buying an additional 27,463 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Peoples Financial Services by 377.8% during the third 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. Institutional investors and hedge funds own 31.67% of the company's stock.

Insider Buying and Selling at Peoples Financial Services

In other Peoples Financial Services news, Director Richard S. Lochen, Jr. bought 1,000 shares of Peoples Financial Services stock in a transaction that occurred on Wednesday, March 5th. The shares were purchased at an average cost of $47.12 per share, for a total transaction of $47,120.00. Following the completion of the transaction, the director now owns 17,129 shares of the company's stock, valued at $807,118.48. This represents a 6.20 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 4.10% of the company's stock.

Peoples Financial Services Stock Performance

Shares of PFIS traded up $0.07 during mid-day trading on Tuesday, hitting $43.16. 2,793 shares of the company's stock were exchanged, compared to its average volume of 23,314. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.32. Peoples Financial Services Corp. has a fifty-two week low of $37.41 and a fifty-two week high of $59.70. The business's 50 day moving average is $44.72 and its two-hundred day moving average is $49.09. The firm has a market capitalization of $431.35 million, a P/E ratio of 38.24 and a beta of 0.57.

Peoples Financial Services (NASDAQ:PFIS - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The financial services provider reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.17). Peoples Financial Services had a return on equity of 8.97% and a net margin of 3.70%. On average, equities analysts expect that Peoples Financial Services Corp. will post 5.92 earnings per share for the current year.

Peoples Financial Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a dividend of $0.6175 per share. This represents a $2.47 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date of this dividend is Friday, May 30th. Peoples Financial Services's payout ratio is currently 218.58%.

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.