StockNews.com upgraded shares of Norwood Financial (NASDAQ:NWFL – Free Report) from a sell rating to a hold rating in a research note issued to investors on Thursday.
Norwood Financial Price Performance
Shares of Norwood Financial stock opened at $24.37 on Thursday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.69. The company has a market cap of $197.64 million, a PE ratio of 12.76 and a beta of 0.63. The business has a 50 day moving average of $25.83 and a 200 day moving average of $27.66. Norwood Financial has a 52 week low of $23.50 and a 52 week high of $34.50.
Norwood Financial (NASDAQ:NWFL – Get Free Report) last announced its earnings results on Monday, January 29th. The financial services provider reported $0.04 EPS for the quarter. The company had revenue of $17.42 million during the quarter. Norwood Financial had a return on equity of 8.90% and a net margin of 14.14%.
Norwood Financial Dividend Announcement
Institutional Investors Weigh In On Norwood Financial
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC grew its stake in Norwood Financial by 62.0% in the second quarter. Barclays PLC now owns 1,476 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 565 shares during the period. SG Americas Securities LLC purchased a new stake in Norwood Financial in the fourth quarter worth $130,000. John G Ullman & Associates Inc. purchased a new stake in Norwood Financial in the fourth quarter worth $230,000. Cedar Brook Financial Partners LLC purchased a new stake in Norwood Financial in the fourth quarter worth $239,000. Finally, Eagle Wealth Strategies LLC purchased a new stake in Norwood Financial in the fourth quarter worth $774,000. 28.08% of the stock is owned by hedge funds and other institutional investors.
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.
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