Peoples Financial Services Corp. (NASDAQ:PFIS) Stock Holdings Increased by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in Peoples Financial Services Corp. (NASDAQ:PFIS) by 7.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,739 shares of the financial services provider’s stock after purchasing an additional 268 shares during the quarter. SG Americas Securities LLC’s holdings in Peoples Financial Services were worth $182,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in PFIS. Alliancebernstein L.P. raised its holdings in shares of Peoples Financial Services by 4.9% during the third quarter. Alliancebernstein L.P. now owns 4,300 shares of the financial services provider’s stock valued at $201,000 after acquiring an additional 200 shares during the period. Royal Bank of Canada raised its holdings in shares of Peoples Financial Services by 6.2% during the second quarter. Royal Bank of Canada now owns 5,768 shares of the financial services provider’s stock valued at $253,000 after acquiring an additional 336 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Peoples Financial Services by 7.7% during the first quarter. JPMorgan Chase & Co. now owns 5,746 shares of the financial services provider’s stock valued at $249,000 after acquiring an additional 412 shares during the period. Deutsche Bank AG raised its holdings in shares of Peoples Financial Services by 15.3% during the fourth quarter. Deutsche Bank AG now owns 3,277 shares of the financial services provider’s stock valued at $170,000 after acquiring an additional 434 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Peoples Financial Services by 148.2% during the third quarter. Tower Research Capital LLC TRC now owns 772 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 461 shares during the period. 31.67% of the stock is currently owned by institutional investors.

Peoples Financial Services Stock Down 0.9 %

PFIS stock opened at $37.39 on Monday. Peoples Financial Services Corp. has a 52-week low of $30.60 and a 52-week high of $49.99. The company’s 50 day simple moving average is $40.40 and its 200-day simple moving average is $42.65. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market capitalization of $263.94 million, a P/E ratio of 9.79 and a beta of 0.44.

Peoples Financial Services (NASDAQ:PFIS) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.61 EPS for the quarter. Peoples Financial Services had a net margin of 16.70% and a return on equity of 8.68%. The firm had revenue of $23.48 million for the quarter. As a group, equities research analysts anticipate that Peoples Financial Services Corp. will post 4.06 EPS for the current year.

Peoples Financial Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date was Wednesday, February 28th. Peoples Financial Services’s payout ratio is presently 42.93%.

Peoples Financial Services Company Profile

Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money market, negotiable order of withdrawal, savings, individual retirement, demand deposit, and certificates of deposit accounts.