Norwood Financial Corp. (NASDAQ:NWFL) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in Norwood Financial Corp. (NASDAQ:NWFL) by 3.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 20,537 shares of the financial services provider’s stock after acquiring an additional 600 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.25% of Norwood Financial worth $566,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Cetera Investment Advisers boosted its stake in Norwood Financial by 258.7% in the second quarter. Cetera Investment Advisers now owns 84,919 shares of the financial services provider’s stock valued at $2,155,000 after acquiring an additional 61,247 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Norwood Financial by 9.1% in the second quarter. Bank of New York Mellon Corp now owns 30,657 shares of the financial services provider’s stock valued at $778,000 after acquiring an additional 2,563 shares during the period. Code Waechter LLC purchased a new position in shares of Norwood Financial during the third quarter worth approximately $815,000. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of Norwood Financial in the 3rd quarter valued at $200,000. Hedge funds and other institutional investors own 28.08% of the company’s stock.

Norwood Financial Stock Down 14.9 %

Shares of NASDAQ:NWFL opened at $26.10 on Thursday. Norwood Financial Corp. has a 1-year low of $23.50 and a 1-year high of $34.50. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market cap of $211.20 million, a P/E ratio of 16.42 and a beta of 0.61. The firm has a fifty day moving average price of $29.83 and a 200 day moving average price of $27.59.

Norwood Financial 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.