9,759 Shares in Penns Woods Bancorp, Inc. (NASDAQ:PWOD) Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC acquired a new stake in Penns Woods Bancorp, Inc. (NASDAQ:PWOD) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 9,759 shares of the financial services provider’s stock, valued at approximately $205,000. Hsbc Holdings PLC owned about 0.13% of Penns Woods Bancorp as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Virtu Financial LLC bought a new stake in Penns Woods Bancorp during the 4th quarter valued at $258,000. Quadrature Capital Ltd purchased a new stake in shares of Penns Woods Bancorp during the fourth quarter worth about $598,000. BNP Paribas Financial Markets grew its stake in shares of Penns Woods Bancorp by 55.5% in the first quarter. BNP Paribas Financial Markets now owns 3,554 shares of the financial services provider’s stock worth $69,000 after purchasing an additional 1,269 shares during the last quarter. Empowered Funds LLC increased its holdings in Penns Woods Bancorp by 7.8% during the 1st quarter. Empowered Funds LLC now owns 24,120 shares of the financial services provider’s stock valued at $468,000 after purchasing an additional 1,750 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Penns Woods Bancorp by 2.1% during the 1st quarter. Vanguard Group Inc. now owns 336,829 shares of the financial services provider’s stock valued at $6,538,000 after purchasing an additional 6,992 shares during the period. Hedge funds and other institutional investors own 27.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Penns Woods Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, July 3rd.

Penns Woods Bancorp Stock Up 1.0 %

Shares of NASDAQ PWOD opened at $24.49 on Friday. The firm has a fifty day simple moving average of $22.56 and a two-hundred day simple moving average of $20.66. Penns Woods Bancorp, Inc. has a 12 month low of $17.01 and a 12 month high of $24.50. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $184.37 million, a PE ratio of 11.23 and a beta of 0.45.

Penns Woods Bancorp (NASDAQ:PWOD) last issued its quarterly earnings data on Thursday, July 25th. The financial services provider reported $0.72 EPS for the quarter. Penns Woods Bancorp had a net margin of 15.20% and a return on equity of 8.99%. The business had revenue of $16.54 million during the quarter.

Penns Woods Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Tuesday, September 10th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 5.23%. The ex-dividend date of this dividend was Tuesday, September 10th. Penns Woods Bancorp’s dividend payout ratio is currently 58.72%.

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.