SG Americas Securities LLC Makes New $121,000 Investment in Citizens Financial Services, Inc. (NASDAQ:CZFS)

SG Americas Securities LLC purchased a new position in shares of Citizens Financial Services, Inc. (NASDAQ:CZFS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,919 shares of the company’s stock, valued at approximately $121,000.

Several other large investors have also recently made changes to their positions in CZFS. Barclays PLC raised its stake in shares of Citizens Financial Services by 286.2% during the third quarter. Barclays PLC now owns 5,924 shares of the company’s stock worth $347,000 after acquiring an additional 4,390 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Citizens Financial Services by 177.9% during the third quarter. JPMorgan Chase & Co. now owns 7,272 shares of the company’s stock worth $427,000 after acquiring an additional 4,655 shares in the last quarter. De Lisle Partners LLP raised its stake in shares of Citizens Financial Services by 1.0% during the third quarter. De Lisle Partners LLP now owns 15,354 shares of the company’s stock worth $897,000 after acquiring an additional 152 shares in the last quarter. State Street Corp raised its stake in shares of 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 acquiring an additional 1,588 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Citizens Financial Services by 1.1% during the third 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. 22.49% of the stock is owned by hedge funds and other institutional investors.

Citizens Financial Services Trading Up 2.5 %

CZFS stock opened at $64.00 on Wednesday. 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 one year low of $38.52 and a one year high of $75.40. The company’s 50 day moving average price is $63.94 and its two-hundred day moving average price is $59.67. The company has a market capitalization of $304.64 million, a PE ratio of 10.90 and a beta of 0.55.

Citizens Financial Services (NASDAQ:CZFS) last issued its earnings results on Tuesday, February 4th. The company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.54 by $0.14. Citizens Financial Services had a net margin of 16.39% and a return on equity of 9.93%. As a group, analysts predict that Citizens Financial Services, Inc. will post 6.4 earnings per share for the current fiscal year.

Citizens Financial Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were paid a $0.49 dividend. This represents a $1.96 annualized dividend and a dividend yield of 3.06%. The ex-dividend date of this dividend was Friday, December 13th. Citizens Financial Services’s payout ratio is 33.39%.

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.