SG Americas Securities LLC purchased a new stake in Norwood Financial Corp. (NASDAQ:NWFL – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,958 shares of the financial services provider’s stock, valued at approximately $130,000.
Other hedge funds also recently bought and sold shares of the company. Barclays PLC lifted its stake in Norwood Financial by 62.0% during the second quarter. Barclays PLC now owns 1,476 shares of the financial services provider’s stock valued at $43,000 after buying an additional 565 shares in the last quarter. UBS Group AG lifted its stake in Norwood Financial by 163.9% during the first quarter. UBS Group AG now owns 1,528 shares of the financial services provider’s stock valued at $45,000 after buying an additional 949 shares in the last quarter. BNP Paribas Arbitrage SNC lifted its stake in Norwood Financial by 13,721.4% during the second quarter. BNP Paribas Arbitrage SNC now owns 1,935 shares of the financial services provider’s stock valued at $57,000 after buying an additional 1,921 shares in the last quarter. California State Teachers Retirement System purchased a new stake in Norwood Financial during the second quarter valued at about $72,000. Finally, Bank of America Corp DE purchased a new stake in Norwood Financial during the fourth quarter valued at about $116,000. 28.08% of the stock is owned by hedge funds and other institutional investors.
Norwood Financial Price Performance
NWFL stock opened at $23.99 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.69. Norwood Financial Corp. has a one year low of $23.50 and a one year high of $34.50. The firm has a market capitalization of $194.56 million, a PE ratio of 11.59 and a beta of 0.63. The firm has a 50-day moving average of $26.23 and a two-hundred day moving average of $27.75.
Norwood Financial Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date is Friday, April 12th. Norwood Financial’s dividend payout ratio (DPR) is currently 57.97%.
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.
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