16,185 Shares in Citizens Financial Services Inc. $CZFS Purchased by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC acquired a new position in Citizens Financial Services Inc. (NASDAQ:CZFS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 16,185 shares of the company’s stock, valued at approximately $923,000. Cyndeo Wealth Partners LLC owned 0.34% of Citizens Financial Services as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CZFS. Jane Street Group LLC bought a new position in shares of Citizens Financial Services during the 1st quarter valued at approximately $249,000. Geode Capital Management LLC raised its holdings in shares of Citizens Financial Services by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 106,338 shares of the company’s stock worth $6,246,000 after purchasing an additional 1,681 shares during the period. Rhumbline Advisers raised its holdings in shares of Citizens Financial Services by 25.4% in the 2nd quarter. Rhumbline Advisers now owns 6,604 shares of the company’s stock worth $388,000 after purchasing an additional 1,337 shares during the period. Segall Bryant & Hamill LLC lifted its stake in Citizens Financial Services by 141.8% in the second quarter. Segall Bryant & Hamill LLC now owns 27,534 shares of the company’s stock valued at $1,617,000 after purchasing an additional 16,149 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in Citizens Financial Services by 1.4% during the second quarter. American Century Companies Inc. now owns 28,344 shares of the company’s stock valued at $1,664,000 after purchasing an additional 400 shares during the period. 22.49% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have issued reports on CZFS shares. Zacks Research downgraded Citizens Financial Services from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Citizens Financial Services in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Citizens Financial Services Price Performance

CZFS opened at $60.02 on Monday. The firm has a 50-day moving average price of $62.54 and a 200-day moving average price of $59.64. Citizens Financial Services Inc. has a twelve month low of $49.96 and a twelve month high of $69.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $288.70 million, a price-to-earnings ratio of 7.87 and a beta of 0.43.

Citizens Financial Services (NASDAQ:CZFS) last announced its quarterly earnings results on Thursday, January 29th. The company reported $2.19 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.12. Citizens Financial Services had a net margin of 21.08% and a return on equity of 11.36%. The company had revenue of $29.61 million for the quarter. Equities analysts expect that Citizens Financial Services Inc. will post 6.4 EPS for the current year.

Citizens Financial Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, March 13th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Citizens Financial Services’s dividend payout ratio is currently 26.21%.

Citizens Financial Services Company Profile

Citizens Financial Services, Inc (NASDAQ:CZFS) is a bank holding company headquartered in Elderton, Pennsylvania, providing a range of retail and commercial banking services through its primary subsidiary, Citizens Savings Bank. The company offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, supported by online and mobile banking platforms tailored to personal and business clients.

Beyond deposit-taking, Citizens Financial Services underwrites a variety of lending products, including residential mortgage loans, home equity financing, commercial real estate loans, construction lending and consumer installment loans.