Citizens Financial Services (NASDAQ:CZFS) Stock Price Up 0.9% – Still a Buy?

Citizens Financial Services, Inc. (NASDAQ:CZFS) traded up 0.9% on Monday . The company traded as high as $75.40 and last traded at $73.40. 26,328 shares were traded during trading, an increase of 134% from the average session volume of 11,244 shares. The stock had previously closed at $72.74.

Citizens Financial Services Trading Up 0.9 %

The stock has a fifty day moving average of $60.82 and a two-hundred day moving average of $51.81. The company has a market capitalization of $349.38 million, a PE ratio of 12.68 and a beta of 0.48. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.78.

Citizens Financial Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend was Friday, September 13th. Citizens Financial Services’s dividend payout ratio (DPR) is presently 33.85%.

Institutional Investors Weigh In On Citizens Financial Services

A number of institutional investors have recently made changes to their positions in the business. Nisa Investment Advisors LLC bought a new stake in Citizens Financial Services in the second quarter worth $32,000. Rhumbline Advisers increased its holdings in shares of Citizens Financial Services by 10.6% in the second quarter. Rhumbline Advisers now owns 5,285 shares of the company’s stock worth $238,000 after buying an additional 505 shares during the period. Barclays PLC lifted its stake in shares of Citizens Financial Services by 286.2% in the 3rd quarter. Barclays PLC now owns 5,924 shares of the company’s stock valued at $347,000 after acquiring an additional 4,390 shares during the last quarter. De Lisle Partners LLP boosted its holdings in Citizens Financial Services by 1.0% during the 3rd quarter. De Lisle Partners LLP now owns 15,354 shares of the company’s stock valued at $897,000 after acquiring an additional 152 shares during the period. Finally, Bank of New York Mellon Corp grew its position in Citizens Financial Services by 22.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 23,761 shares of the company’s stock worth $1,068,000 after acquiring an additional 4,369 shares during the last quarter. Hedge funds and other institutional investors own 22.49% of the company’s stock.

About Citizens Financial Services

Citizens Financial Services, Inc, a bank holding company, provides various banking products and services for individual, business, governmental, and institutional customers. The company accepts various deposit products, such as checking, savings, and time deposit accounts. Its loan products include residential, commercial, and agricultural real estate loans; commercial and industrial loans; state and political subdivision loans; and consumer loans, as well as various other specialized financial services.