Norwood Financial (NASDAQ:NWFL) Shares Pass Below 200 Day Moving Average of $25.69

Norwood Financial Corp. (NASDAQ:NWFL) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $25.69 and traded as low as $25.30. Norwood Financial shares last traded at $26.13, with a volume of 19,543 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Norwood Financial from a “sell” rating to a “hold” rating in a report on Thursday, June 20th.

Norwood Financial Price Performance

The company’s 50-day moving average is $26.37 and its two-hundred day moving average is $25.68. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market cap of $211.63 million, a P/E ratio of 13.68 and a beta of 0.63.

Norwood Financial (NASDAQ:NWFL) last posted its quarterly earnings data on Friday, July 26th. The financial services provider reported $0.52 earnings per share for the quarter. Norwood Financial had a net margin of 11.52% and a return on equity of 7.40%. The business had revenue of $17.13 million during the quarter.

Norwood Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 1st. Stockholders of record on Monday, July 15th were issued a $0.30 dividend. The ex-dividend date was Monday, July 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.59%. Norwood Financial’s dividend payout ratio (DPR) is currently 62.83%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NWFL. BNP Paribas Financial Markets increased its stake in shares of Norwood Financial by 58.8% in the first quarter. BNP Paribas Financial Markets now owns 3,402 shares of the financial services provider’s stock valued at $93,000 after buying an additional 1,260 shares during the period. John G Ullman & Associates Inc. grew its position in shares of Norwood Financial by 233.7% during the 1st quarter. John G Ullman & Associates Inc. now owns 23,360 shares of the financial services provider’s stock worth $636,000 after buying an additional 16,360 shares during the period. Bank of New York Mellon Corp grew its position in shares of Norwood Financial by 9.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 30,657 shares of the financial services provider’s stock worth $778,000 after buying an additional 2,563 shares during the period. Strategic Financial Services Inc grew its position in shares of Norwood Financial by 34.1% during the 4th quarter. Strategic Financial Services Inc now owns 28,611 shares of the financial services provider’s stock worth $942,000 after buying an additional 7,270 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of Norwood Financial by 5.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 45,606 shares of the financial services provider’s stock worth $1,241,000 after buying an additional 2,546 shares during the period. Institutional investors and hedge funds own 28.08% of the company’s stock.

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.