Norwood Financial (NASDAQ:NWFL) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Norwood Financial Corp. (NASDAQ:NWFL) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $27.18 and traded as high as $28.50. Norwood Financial shares last traded at $27.63, with a volume of 4,269 shares changing hands.

Norwood Financial Stock Down 3.6 %

The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.90 and a current ratio of 0.90. The stock’s 50-day moving average price is $27.18 and its two-hundred day moving average price is $25.98. The stock has a market capitalization of $223.78 million, a PE ratio of 14.47 and a beta of 0.63.

Norwood Financial (NASDAQ:NWFL) last announced its quarterly earnings data on Friday, July 26th. The financial services provider reported $0.52 earnings per share for the quarter. Norwood Financial had a net margin of 11.52% and a return on equity of 7.40%. The business had revenue of $17.13 million for the quarter.

Norwood Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Friday, October 18th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date is Friday, October 18th. Norwood Financial’s dividend payout ratio (DPR) is presently 62.83%.

Institutional Investors Weigh In On Norwood Financial

A number of institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets boosted its stake in Norwood Financial by 58.8% in the 1st quarter. BNP Paribas Financial Markets now owns 3,402 shares of the financial services provider’s stock worth $93,000 after purchasing an additional 1,260 shares in the last quarter. John G Ullman & Associates Inc. raised its holdings in Norwood Financial by 233.7% in the first quarter. John G Ullman & Associates Inc. now owns 23,360 shares of the financial services provider’s stock worth $636,000 after buying an additional 16,360 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Norwood Financial by 9.1% during the second quarter. Bank of New York Mellon Corp now owns 30,657 shares of the financial services provider’s stock valued at $778,000 after buying an additional 2,563 shares during the last quarter. Code Waechter LLC bought a new stake in shares of Norwood Financial during the third quarter valued at approximately $815,000. Finally, Cetera Investment Advisers raised its holdings in Norwood Financial by 258.7% in the 2nd quarter. Cetera Investment Advisers now owns 84,919 shares of the financial services provider’s stock worth $2,155,000 after acquiring an additional 61,247 shares during the last quarter. 28.08% of the stock is owned by hedge funds and other institutional investors.

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.