Norwood Financial Corp. (NASDAQ:NWFL) Shares Sold by Community Bank N.A.

Community Bank N.A. decreased its position in shares of Norwood Financial Corp. (NASDAQ:NWFL) by 11.1% during the 4th quarter, HoldingsChannel reports. The fund owned 3,550 shares of the financial services provider’s stock after selling 442 shares during the quarter. Community Bank N.A.’s holdings in Norwood Financial were worth $97,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC boosted its position in shares of Norwood Financial by 280.5% during the 3rd quarter. Barclays PLC now owns 9,787 shares of the financial services provider’s stock valued at $270,000 after acquiring an additional 7,215 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Norwood Financial by 250.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,922 shares of the financial services provider’s stock valued at $384,000 after acquiring an additional 9,950 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Norwood Financial by 3.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 20,537 shares of the financial services provider’s stock valued at $566,000 after buying an additional 600 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Norwood Financial in the fourth quarter valued at about $1,394,000. Finally, State Street Corp lifted its position in Norwood Financial by 2.5% in the third quarter. State Street Corp now owns 99,889 shares of the financial services provider’s stock valued at $2,755,000 after buying an additional 2,402 shares during the last quarter. Institutional investors and hedge funds own 28.08% of the company’s stock.

Norwood Financial Stock Up 0.9 %

Shares of NWFL opened at $25.00 on Monday. The stock has a market capitalization of $231.58 million, a PE ratio of 2,500.00 and a beta of 0.59. Norwood Financial Corp. has a 1 year low of $23.50 and a 1 year high of $34.50. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.91. The company’s 50-day simple moving average is $25.74 and its 200-day simple moving average is $27.59.

Norwood Financial (NASDAQ:NWFL) last issued its quarterly earnings results on Monday, February 3rd. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.17). Norwood Financial had a positive return on equity of 8.38% and a negative net margin of 0.16%. Analysts forecast that Norwood Financial Corp. will post 2.51 earnings per share for the current fiscal year.

Insider Transactions at Norwood Financial

In other news, Director Ronald R. Schmalzle bought 2,563 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were purchased at an average cost of $26.43 per share, for a total transaction of $67,740.09. Following the completion of the purchase, the director now owns 15,168 shares of the company’s stock, valued at approximately $400,890.24. This represents a 20.33 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 9.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Janney Montgomery Scott assumed coverage on shares of Norwood Financial in a research report on Thursday, January 2nd. They issued a “buy” rating and a $31.00 target price on the stock. StockNews.com cut shares of Norwood Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. Finally, Piper Sandler assumed coverage on shares of Norwood Financial in a research report on Wednesday, January 8th. They issued a “neutral” rating and a $28.00 target price on the stock.

About Norwood Financial

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest-bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits.