Intellus Advisors LLC Purchases New Stake in Penns Woods Bancorp, Inc. (NASDAQ:PWOD)

Intellus Advisors LLC purchased a new stake in shares of Penns Woods Bancorp, Inc. (NASDAQ:PWOD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,549 shares of the financial services provider’s stock, valued at approximately $321,000.

Several other institutional investors and hedge funds have also made changes to their positions in PWOD. Truffle Hound Capital LLC acquired a new stake in shares of Penns Woods Bancorp during the 4th quarter valued at approximately $6,078,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Penns Woods Bancorp by 217.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,499 shares of the financial services provider’s stock valued at $821,000 after buying an additional 23,620 shares during the last quarter. ABC Arbitrage SA acquired a new position in shares of Penns Woods Bancorp during the fourth quarter valued at $369,000. RBF Capital LLC boosted its holdings in shares of Penns Woods Bancorp by 39.8% during the third quarter. RBF Capital LLC now owns 25,847 shares of the financial services provider’s stock valued at $615,000 after acquiring an additional 7,356 shares during the period. Finally, Zullo Investment Group Inc. bought a new position in shares of Penns Woods Bancorp during the fourth quarter worth about $207,000. 27.94% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Penns Woods Bancorp Stock Performance

Shares of NASDAQ PWOD opened at $28.03 on Friday. Penns Woods Bancorp, Inc. has a 12-month low of $17.01 and a 12-month high of $34.56. The company has a market cap of $213.39 million, a PE ratio of 11.88 and a beta of 0.46. The stock has a 50 day simple moving average of $30.03 and a 200-day simple moving average of $28.43. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24.

Penns Woods Bancorp (NASDAQ:PWOD) last announced its quarterly 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 business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be given a $0.32 dividend. The ex-dividend date is Tuesday, March 11th. This represents a $1.28 dividend on an annualized basis and a yield of 4.57%. Penns Woods Bancorp’s dividend payout ratio is presently 54.24%.

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.