Penns Woods Bancorp (NASDAQ:PWOD) Now Covered by StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the financial services provider’s stock.

Penns Woods Bancorp Stock Up 0.9 %

NASDAQ:PWOD opened at $29.30 on Friday. 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 company has a market capitalization of $221.04 million, a price-to-earnings ratio of 11.10 and a beta of 0.48. Penns Woods Bancorp has a one year low of $17.01 and a one year high of $34.56. The stock has a 50-day simple moving average of $30.77 and a 200 day simple moving average of $25.67.

Institutional Investors Weigh In On Penns Woods Bancorp

A number of institutional investors have recently modified their holdings of PWOD. Barclays PLC lifted its holdings in Penns Woods Bancorp by 19.2% in the third quarter. Barclays PLC now owns 14,880 shares of the financial services provider’s stock worth $353,000 after acquiring an additional 2,398 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Penns Woods Bancorp by 6.2% in the 3rd quarter. Geode Capital Management LLC now owns 77,828 shares of the financial services provider’s stock worth $1,852,000 after purchasing an additional 4,511 shares during the last quarter. GSA Capital Partners LLP acquired a new position in Penns Woods Bancorp during the 3rd quarter valued at approximately $486,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in Penns Woods Bancorp by 217.1% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,499 shares of the financial services provider’s stock valued at $821,000 after purchasing an additional 23,620 shares during the period. Finally, Empowered Funds LLC grew its stake in Penns Woods Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 27,260 shares of the financial services provider’s stock worth $648,000 after buying an additional 1,340 shares during the last quarter. Institutional investors own 27.94% of the company’s stock.

About Penns Woods Bancorp

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.