Empowered Funds LLC Has $648,000 Position in Penns Woods Bancorp, Inc. (NASDAQ:PWOD)

Empowered Funds LLC raised its holdings in Penns Woods Bancorp, Inc. (NASDAQ:PWOD) by 5.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,260 shares of the financial services provider’s stock after buying an additional 1,340 shares during the quarter. Empowered Funds LLC owned 0.36% of Penns Woods Bancorp worth $648,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Quadrature Capital Ltd increased its stake in Penns Woods Bancorp by 2.6% in the first quarter. Quadrature Capital Ltd now owns 27,158 shares of the financial services provider’s stock valued at $524,000 after acquiring an additional 693 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of Penns Woods Bancorp by 1.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 48,068 shares of the financial services provider’s stock valued at $988,000 after purchasing an additional 869 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Penns Woods Bancorp by 55.5% in the 1st quarter. BNP Paribas Financial Markets now owns 3,554 shares of the financial services provider’s stock worth $69,000 after buying an additional 1,269 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Penns Woods Bancorp during the 2nd quarter worth approximately $39,000. Finally, Vanguard Group Inc. lifted its position in shares of 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 worth $6,538,000 after buying an additional 6,992 shares during the period. Institutional investors and hedge funds own 27.94% of the company’s stock.

Penns Woods Bancorp Stock Up 0.9 %

NASDAQ PWOD opened at $30.41 on Friday. The stock has a market capitalization of $229.29 million, a P/E ratio of 11.52 and a beta of 0.44. Penns Woods Bancorp, Inc. has a 52 week low of $17.01 and a 52 week high of $30.74. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a fifty day moving average of $25.91 and a 200-day moving average of $22.78.

Penns Woods Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Tuesday, September 10th were issued a $0.32 dividend. The ex-dividend date was Tuesday, September 10th. This represents a $1.28 dividend on an annualized basis and a yield of 4.21%. Penns Woods Bancorp’s dividend payout ratio is presently 48.49%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Penns Woods Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, November 16th.

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.