Geode Capital Management LLC Acquires 1,112 Shares of Citizens Financial Services, Inc. (NASDAQ:CZFS)

Geode Capital Management LLC boosted its holdings in Citizens Financial Services, Inc. (NASDAQ:CZFS) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 102,399 shares of the company’s stock after buying an additional 1,112 shares during the period. Geode Capital Management LLC owned approximately 2.15% of Citizens Financial Services worth $6,017,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Rhumbline Advisers lifted its stake in shares of 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 purchasing an additional 505 shares during the period. Barclays PLC increased its holdings in Citizens Financial Services by 286.2% in the third quarter. Barclays PLC now owns 5,924 shares of the company’s stock valued at $347,000 after purchasing an additional 4,390 shares during the last quarter. De Lisle Partners LLP lifted its stake in Citizens Financial Services by 1.0% in the third quarter. De Lisle Partners LLP now owns 15,354 shares of the company’s stock valued at $897,000 after buying an additional 152 shares during the period. Bank of New York Mellon Corp boosted its holdings in Citizens Financial Services by 22.5% during the second quarter. Bank of New York Mellon Corp now owns 23,761 shares of the company’s stock worth $1,068,000 after buying an additional 4,369 shares during the last quarter. Finally, State Street Corp boosted its holdings in Citizens Financial Services by 2.3% during the third quarter. State Street Corp now owns 72,070 shares of the company’s stock worth $4,234,000 after buying an additional 1,588 shares during the last quarter. 22.49% of the stock is owned by institutional investors.

Citizens Financial Services Stock Performance

Shares of CZFS stock opened at $62.70 on Friday. The stock has a market cap of $298.45 million, a PE ratio of 10.83 and a beta of 0.53. The stock has a 50-day moving average of $67.10 and a 200-day moving average of $56.56. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.97 and a quick ratio of 0.96. Citizens Financial Services, Inc. has a one year low of $38.52 and a one year high of $75.40.

Citizens Financial Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were paid a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 3.13%. The ex-dividend date was Friday, December 13th. Citizens Financial Services’s payout ratio is presently 33.85%.

Citizens Financial Services 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.