Empowered Funds LLC Has $869,000 Stock Holdings in Penns Woods Bancorp, Inc. (NASDAQ:PWOD)

Empowered Funds LLC increased its stake in shares of Penns Woods Bancorp, Inc. (NASDAQ:PWOD) by 4.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,602 shares of the financial services provider’s stock after buying an additional 1,342 shares during the quarter. Empowered Funds LLC owned 0.38% of Penns Woods Bancorp worth $869,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Geode Capital Management LLC lifted its holdings in Penns Woods Bancorp by 6.2% during the 3rd quarter. Geode Capital Management LLC now owns 77,828 shares of the financial services provider’s stock valued at $1,852,000 after purchasing an additional 4,511 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Penns Woods Bancorp by 217.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,499 shares of the financial services provider’s stock valued at $821,000 after purchasing an additional 23,620 shares during the last quarter. RBF Capital LLC raised its position in shares of Penns Woods Bancorp by 39.8% in the 3rd quarter. RBF Capital LLC now owns 25,847 shares of the financial services provider’s stock valued at $615,000 after acquiring an additional 7,356 shares during the period. GSA Capital Partners LLP acquired a new stake in Penns Woods Bancorp in the third quarter worth $486,000. Finally, Barclays PLC increased its holdings in shares of Penns Woods Bancorp by 19.2% in the third quarter. Barclays PLC now owns 14,880 shares of the financial services provider’s stock worth $353,000 after acquiring an additional 2,398 shares in the last quarter. Institutional investors and hedge funds own 27.94% of the company’s stock.

Penns Woods Bancorp Trading Up 0.4 %

Shares of NASDAQ:PWOD opened at $31.42 on Tuesday. The stock has a market capitalization of $236.91 million, a PE ratio of 13.31 and a beta of 0.47. The company’s 50-day moving average price is $30.96 and its two-hundred day moving average price is $27.34. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.09 and a quick ratio of 1.09. Penns Woods Bancorp, Inc. has a one year low of $17.01 and a one year high of $34.56.

Penns Woods Bancorp (NASDAQ:PWOD) last released its earnings results on Wednesday, January 29th. The financial services provider reported $0.57 earnings per share for the quarter. Penns Woods Bancorp had a net margin of 14.87% and a return on equity of 9.26%.

Penns Woods Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were issued a dividend of $0.32 per share. The ex-dividend date was Tuesday, December 10th. This represents a $1.28 annualized dividend and a dividend yield of 4.07%. Penns Woods Bancorp’s dividend payout ratio (DPR) is presently 54.24%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Penns Woods Bancorp in a report on Thursday, February 13th. They set a “hold” rating on the stock.

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.