Penns Woods Bancorp (NASDAQ:PWOD) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD) in a report issued on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

Penns Woods Bancorp Price Performance

Penns Woods Bancorp stock opened at $27.92 on Friday. The business has a 50 day simple moving average of $27.98 and a 200 day simple moving average of $29.17. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market capitalization of $212.55 million, a PE ratio of 11.83 and a beta of 0.36. Penns Woods Bancorp has a one year low of $17.04 and a one year high of $34.56.

Penns Woods Bancorp (NASDAQ:PWOD) last issued its quarterly earnings data on Friday, April 25th. The financial services provider reported $1.04 earnings per share (EPS) for the quarter. Penns Woods Bancorp had a return on equity of 9.26% and a net margin of 14.87%.

Institutional Trading of Penns Woods Bancorp

Several hedge funds have recently modified their holdings of PWOD. Barclays PLC raised its holdings in shares of Penns Woods Bancorp by 19.2% in the third quarter. Barclays PLC now owns 14,880 shares of the financial services provider’s stock valued at $353,000 after buying an additional 2,398 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Penns Woods Bancorp by 6.2% during the third quarter. Geode Capital Management LLC now owns 77,828 shares of the financial services provider’s stock valued at $1,852,000 after purchasing an additional 4,511 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Penns Woods Bancorp by 471.9% in the third quarter. JPMorgan Chase & Co. now owns 7,680 shares of the financial services provider’s stock valued at $183,000 after purchasing an additional 6,337 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Penns Woods Bancorp by 4.9% in the fourth quarter. Empowered Funds LLC now owns 28,602 shares of the financial services provider’s stock valued at $869,000 after purchasing an additional 1,342 shares in the last quarter. Finally, ABC Arbitrage SA acquired a new position in Penns Woods Bancorp during the 4th quarter worth $369,000. Institutional investors and hedge funds own 27.94% of the company’s stock.

Penns Woods Bancorp Company Profile

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement account (IRAs) accounts.