State Street Corp Purchases 1,588 Shares of Citizens Financial Services, Inc. (NASDAQ:CZFS)

State Street Corp lifted its holdings in Citizens Financial Services, Inc. (NASDAQ:CZFS) by 2.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,070 shares of the company’s stock after acquiring an additional 1,588 shares during the quarter. State Street Corp owned approximately 1.51% of Citizens Financial Services worth $4,234,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Rhumbline Advisers boosted its position in Citizens Financial Services by 10.6% in the 2nd quarter. Rhumbline Advisers now owns 5,285 shares of the company’s stock valued at $238,000 after buying an additional 505 shares during the last quarter. De Lisle Partners LLP grew 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 worth $897,000 after acquiring an additional 152 shares during the period. Bank of New York Mellon Corp raised its position in shares of 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 valued at $1,068,000 after acquiring an additional 4,369 shares during the last quarter. Finally, Hudock Inc. lifted its stake in shares of Citizens Financial Services by 1.6% in the 2nd quarter. Hudock Inc. now owns 41,028 shares of the company’s stock valued at $1,844,000 after purchasing an additional 627 shares during the period. 22.49% of the stock is currently owned by institutional investors.

Citizens Financial Services Stock Down 3.2 %

NASDAQ:CZFS opened at $64.01 on Monday. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.78. Citizens Financial Services, Inc. has a 12-month low of $38.52 and a 12-month high of $75.40. The stock’s fifty day simple moving average is $66.72 and its 200-day simple moving average is $56.18. The firm has a market capitalization of $304.69 million, a P/E ratio of 11.06 and a beta of 0.53.

Citizens Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a $0.49 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.06%. Citizens Financial Services’s dividend payout ratio (DPR) is presently 33.85%.

Citizens Financial Services Company Profile

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.