Intellus Advisors LLC Makes New $321,000 Investment in Penns Woods Bancorp, Inc. (NASDAQ:PWOD)

Intellus Advisors LLC purchased a new position in Penns Woods Bancorp, Inc. (NASDAQ:PWOD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,549 shares of the financial services provider’s stock, valued at approximately $321,000. Intellus Advisors LLC owned 0.14% of Penns Woods Bancorp as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Empowered Funds LLC boosted its holdings in Penns Woods Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 27,260 shares of the financial services provider’s stock worth $648,000 after acquiring an additional 1,340 shares during the period. Barclays PLC boosted its holdings in Penns Woods Bancorp by 19.2% in the 3rd 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 period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in 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 during the period. Geode Capital Management LLC boosted its holdings in 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 acquiring an additional 4,511 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings 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 worth $183,000 after acquiring an additional 6,337 shares during the period. Hedge funds and other institutional investors own 27.94% of the company’s stock.

Penns Woods Bancorp Stock Performance

Shares of PWOD opened at $28.03 on Friday. The business’s 50 day moving average is $30.03 and its two-hundred day moving average is $28.43. Penns Woods Bancorp, Inc. has a 52-week low of $17.01 and a 52-week high of $34.56. The firm has a market cap of $213.39 million, a price-to-earnings ratio of 11.88 and a beta of 0.46. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.24.

Penns Woods Bancorp (NASDAQ:PWOD) last announced its earnings results on Wednesday, January 29th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter. Penns Woods Bancorp had a return on equity of 9.26% and a net margin of 14.87%.

Penns Woods Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 4.57%. The ex-dividend date of this dividend is Tuesday, March 11th. Penns Woods Bancorp’s dividend payout ratio is currently 54.24%.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Penns Woods Bancorp in a research report on Monday, March 17th. They issued a “hold” rating on the 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.