SG Americas Securities LLC Purchases Shares of 3,958 Norwood Financial Corp. (NASDAQ:NWFL)

SG Americas Securities LLC purchased a new stake in Norwood Financial Corp. (NASDAQ:NWFL) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,958 shares of the financial services provider’s stock, valued at approximately $130,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC boosted its position in Norwood Financial by 62.0% in the second quarter. Barclays PLC now owns 1,476 shares of the financial services provider’s stock valued at $43,000 after buying an additional 565 shares in the last quarter. UBS Group AG boosted its position in Norwood Financial by 163.9% in the first quarter. UBS Group AG now owns 1,528 shares of the financial services provider’s stock valued at $45,000 after buying an additional 949 shares in the last quarter. BNP Paribas Arbitrage SNC boosted its position in Norwood Financial by 13,721.4% in the second quarter. BNP Paribas Arbitrage SNC now owns 1,935 shares of the financial services provider’s stock valued at $57,000 after buying an additional 1,921 shares in the last quarter. California State Teachers Retirement System acquired a new position in Norwood Financial in the second quarter valued at about $72,000. Finally, Bank of America Corp DE acquired a new position in Norwood Financial in the fourth quarter valued at about $116,000. 28.08% of the stock is currently owned by institutional investors and hedge funds.

Norwood Financial Price Performance

Shares of NWFL stock opened at $23.99 on Thursday. Norwood Financial Corp. has a 1 year low of $23.50 and a 1 year high of $34.50. The firm’s 50 day moving average is $26.23 and its 200-day moving average is $27.75. The firm has a market capitalization of $194.56 million, a price-to-earnings ratio of 11.59 and a beta of 0.63. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.69.

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

Norwood Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.00%. Norwood Financial’s payout ratio is 57.97%.

Norwood Financial Company Profile

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.