Cwm LLC Sells 1,211 Shares of ChoiceOne Financial Services, Inc. (NASDAQ:COFS)

Cwm LLC reduced its stake in ChoiceOne Financial Services, Inc. (NASDAQ:COFS) by 25.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,587 shares of the company’s stock after selling 1,211 shares during the quarter. Cwm LLC’s holdings in ChoiceOne Financial Services were worth $105,000 as of its most recent SEC filing.

Separately, SG Americas Securities LLC acquired a new stake in shares of ChoiceOne Financial Services in the 4th quarter valued at about $111,000. 19.90% of the stock is owned by institutional investors.

ChoiceOne Financial Services Stock Up 0.0 %

COFS stock opened at $25.75 on Tuesday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.68 and a quick ratio of 0.67. The stock has a market capitalization of $194.67 million, a P/E ratio of 9.16 and a beta of 0.68. The business has a 50-day moving average of $25.41 and a 200-day moving average of $25.78. ChoiceOne Financial Services, Inc. has a fifty-two week low of $15.84 and a fifty-two week high of $32.14.

ChoiceOne Financial Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.27 per share. The ex-dividend date was Thursday, March 14th. This represents a $1.08 annualized dividend and a dividend yield of 4.19%. ChoiceOne Financial Services’s dividend payout ratio is currently 38.43%.

ChoiceOne Financial Services Company Profile

ChoiceOne Financial Services, Inc operates as the bank holding company for ChoiceOne Bank that provides banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services.