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

Stock analysts at StockNews.com initiated coverage on shares of Penns Woods Bancorp (NASDAQ:PWOD) in a report released on Monday. The brokerage set a “hold” rating on the financial services provider’s stock.

Penns Woods Bancorp Stock Down 0.2 %

PWOD stock opened at $28.25 on Monday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $215.07 million, a PE ratio of 11.97 and a beta of 0.46. Penns Woods Bancorp has a 1-year low of $17.01 and a 1-year high of $34.56. The business’s 50 day simple moving average is $30.11 and its 200 day simple moving average is $28.39.

Penns Woods Bancorp (NASDAQ:PWOD) last posted its earnings results on Wednesday, January 29th. The financial services provider reported $0.57 earnings per share for the quarter. Penns Woods Bancorp had a return on equity of 9.26% and a net margin of 14.87%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Wells Fargo & Company MN increased its holdings in shares of Penns Woods Bancorp by 50.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,351 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 451 shares during the last quarter. Zullo Investment Group Inc. acquired a new position in Penns Woods Bancorp in the 4th quarter valued at $207,000. OMERS ADMINISTRATION Corp acquired a new position in Penns Woods Bancorp in the 4th quarter valued at $219,000. JPMorgan Chase & Co. grew its holdings in Penns Woods Bancorp by 471.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,680 shares of the financial services provider’s stock valued at $183,000 after buying an additional 6,337 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. grew its holdings in Penns Woods Bancorp by 4.6% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 7,797 shares of the financial services provider’s stock valued at $237,000 after buying an additional 343 shares in the last quarter. 27.94% of the stock is owned by institutional investors and hedge funds.

About Penns Woods Bancorp

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.