StockNews.com upgraded shares of Norwood Financial (NASDAQ:NWFL – Free Report) from a sell rating to a hold rating in a report published on Thursday.
Norwood Financial Trading Up 1.3 %
Shares of NASDAQ NWFL opened at $24.37 on Thursday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.88 and a current ratio of 0.88. Norwood Financial has a 52-week low of $23.50 and a 52-week high of $34.50. The stock has a market cap of $197.64 million, a P/E ratio of 12.76 and a beta of 0.63. The firm has a 50 day moving average price of $25.83 and a two-hundred day moving average price of $27.68.
Norwood Financial (NASDAQ:NWFL – Get Free Report) last posted its quarterly earnings data on Monday, January 29th. The financial services provider reported $0.04 EPS for the quarter. Norwood Financial had a net margin of 14.14% and a return on equity of 8.90%. The company had revenue of $17.42 million for the quarter.
Norwood Financial Announces Dividend
Institutional Trading of Norwood Financial
Several hedge funds have recently modified their holdings of the stock. Barclays PLC increased its stake in Norwood Financial by 62.0% in the second quarter. Barclays PLC now owns 1,476 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 565 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Norwood Financial in the 4th quarter worth $130,000. John G Ullman & Associates Inc. bought a new stake in Norwood Financial during the 4th quarter valued at $230,000. Cedar Brook Financial Partners LLC bought a new stake in Norwood Financial during the 4th quarter valued at $239,000. Finally, Eagle Wealth Strategies LLC acquired a new position in Norwood Financial during the fourth quarter worth $774,000. Institutional investors own 28.08% of the company’s stock.
About Norwood Financial
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.
Read More
- Five stocks we like better than Norwood Financial
- How to Use the MarketBeat Dividend Calculator
- Kimberly-Clark Proves the Best Offense is a Good Defensive Stock
- Short Selling: How to Short a Stock
- Snap Crackles and Pops on Surprise Profit and Raised Guidance
- Stock Dividend Cuts Happen Are You Ready?
- MarketBeat Week in Review – 4/22 – 4/26
Receive News & Ratings for Norwood Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwood Financial and related companies with MarketBeat.com's FREE daily email newsletter.