Barclays PLC Raises Stock Position in Citizens Financial Services, Inc. (NASDAQ:CZFS)

Barclays PLC lifted its position in Citizens Financial Services, Inc. (NASDAQ:CZFS) by 286.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,924 shares of the company’s stock after purchasing an additional 4,390 shares during the period. Barclays PLC owned 0.12% of Citizens Financial Services worth $347,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. De Lisle Partners LLP lifted its holdings in shares of Citizens Financial Services by 1.0% in the 3rd quarter. De Lisle Partners LLP now owns 15,354 shares of the company’s stock worth $897,000 after buying an additional 152 shares during the period. Rhumbline Advisers lifted its stake in Citizens Financial Services by 10.6% in the second quarter. Rhumbline Advisers now owns 5,285 shares of the company’s stock worth $238,000 after acquiring an additional 505 shares during the period. Geode Capital Management LLC grew its holdings in Citizens Financial Services by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 102,399 shares of the company’s stock worth $6,017,000 after acquiring an additional 1,112 shares in the last quarter. Finally, State Street Corp increased its position in Citizens Financial Services by 2.3% during the 3rd quarter. State Street Corp now owns 72,070 shares of the company’s stock valued at $4,234,000 after purchasing an additional 1,588 shares during the period. Institutional investors own 22.49% of the company’s stock.

Citizens Financial Services Price Performance

NASDAQ CZFS opened at $62.36 on Monday. The company has a market cap of $296.83 million, a PE ratio of 10.77 and a beta of 0.55. The firm’s 50 day moving average price is $66.74 and its 200-day moving average price is $58.07. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.96 and a current ratio of 0.97. Citizens Financial Services, Inc. has a 52-week low of $38.52 and a 52-week high of $75.40.

Citizens Financial Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend was Friday, December 13th. Citizens Financial Services’s payout ratio is currently 33.85%.

About Citizens Financial Services

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.