Charles Schwab Investment Management Inc. Raises Holdings in Norwood Financial Corp. (NASDAQ:NWFL)

Charles Schwab Investment Management Inc. increased its holdings in shares of Norwood Financial Corp. (NASDAQ:NWFL) by 3.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,537 shares of the financial services provider’s stock after acquiring an additional 600 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Norwood Financial were worth $566,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Signature Estate & Investment Advisors LLC purchased a new stake in shares of Norwood Financial during the 3rd quarter worth $200,000. Code Waechter LLC acquired a new stake in shares of Norwood Financial in the third quarter valued at about $815,000. Cetera Investment Advisers lifted its position in shares of Norwood Financial by 258.7% during the 2nd quarter. Cetera Investment Advisers now owns 84,919 shares of the financial services provider’s stock valued at $2,155,000 after acquiring an additional 61,247 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in shares of Norwood Financial by 9.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 30,657 shares of the financial services provider’s stock worth $778,000 after acquiring an additional 2,563 shares in the last quarter. Hedge funds and other institutional investors own 28.08% of the company’s stock.

Norwood Financial Trading Down 14.9 %

Shares of NWFL stock opened at $26.10 on Thursday. The stock has a market cap of $211.20 million, a P/E ratio of 16.42 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.74. Norwood Financial Corp. has a fifty-two week low of $23.50 and a fifty-two week high of $34.50. The business has a fifty day simple moving average of $29.83 and a 200-day simple moving average of $27.59.

Norwood Financial Company Profile

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.