Raymond James Financial Services Advisors Inc. Has $1.42 Million Position in Norwood Financial Corp. (NASDAQ:NWFL)

Raymond James Financial Services Advisors Inc. boosted its holdings in Norwood Financial Corp. (NASDAQ:NWFL) by 5.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 43,060 shares of the financial services provider’s stock after purchasing an additional 2,153 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Norwood Financial were worth $1,417,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Cedar Brook Financial Partners LLC acquired a new stake in Norwood Financial in the 4th quarter valued at $239,000. Barclays PLC boosted its holdings in Norwood Financial by 62.0% during the 2nd quarter. Barclays PLC now owns 1,476 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 565 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Norwood Financial by 2.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 28,429 shares of the financial services provider’s stock worth $732,000 after acquiring an additional 613 shares during the last quarter. Citigroup Inc. boosted its holdings in Norwood Financial by 314.7% during the 4th quarter. Citigroup Inc. now owns 4,242 shares of the financial services provider’s stock worth $142,000 after acquiring an additional 3,219 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Norwood Financial by 135.4% during the 2nd quarter. Wells Fargo & Company MN now owns 4,366 shares of the financial services provider’s stock worth $129,000 after acquiring an additional 2,511 shares during the last quarter. Institutional investors and hedge funds own 28.08% of the company’s stock.

Norwood Financial Price Performance

NWFL opened at $23.75 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market capitalization of $192.61 million, a price-to-earnings ratio of 11.47 and a beta of 0.63. The firm’s fifty day moving average price is $26.46 and its two-hundred day moving average price is $27.79. Norwood Financial Corp. has a 1 year low of $23.75 and a 1 year high of $34.50.

Norwood Financial (NASDAQ:NWFL) last posted its quarterly earnings data on Monday, January 29th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $17.42 million for the quarter. Norwood Financial had a net margin of 16.17% and a return on equity of 9.64%.

Norwood Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.05%. The ex-dividend date of this dividend is Friday, April 12th. Norwood Financial’s dividend payout ratio is 57.97%.

About Norwood Financial

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest-bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits.