John G Ullman & Associates Inc. Acquires New Position in Norwood Financial Corp. (NASDAQ:NWFL)

John G Ullman & Associates Inc. acquired a new stake in Norwood Financial Corp. (NASDAQ:NWFL) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,000 shares of the financial services provider’s stock, valued at approximately $230,000. John G Ullman & Associates Inc. owned 0.09% of Norwood Financial at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Raymond James Financial Services Advisors Inc. lifted its holdings in Norwood Financial by 5.3% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 43,060 shares of the financial services provider’s stock valued at $1,417,000 after buying an additional 2,153 shares during the period. Cedar Brook Financial Partners LLC bought a new stake in Norwood Financial in the fourth quarter valued at approximately $239,000. SG Americas Securities LLC bought a new stake in Norwood Financial in the fourth quarter valued at approximately $130,000. 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. Finally, Bank of New York Mellon Corp increased its stake in Norwood Financial by 2.2% in the third quarter. Bank of New York Mellon Corp now owns 28,429 shares of the financial services provider’s stock valued at $732,000 after purchasing an additional 613 shares in the last quarter. 28.08% of the stock is currently owned by institutional investors and hedge funds.

Norwood Financial Stock Up 3.1 %

Shares of NASDAQ:NWFL opened at $24.29 on Friday. The company has a market capitalization of $196.99 million, a PE ratio of 11.73 and a beta of 0.63. Norwood Financial Corp. has a 52 week low of $23.50 and a 52 week high of $34.50. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.88 and a current ratio of 0.88. The company has a 50 day moving average price of $26.13 and a two-hundred day moving average price of $27.72.

Norwood Financial (NASDAQ:NWFL) last issued its quarterly earnings results on Monday, January 29th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $17.42 million for the quarter. Norwood Financial had a net margin of 16.17% and a return on equity of 9.64%.

Norwood Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a $0.30 dividend. The ex-dividend date is Friday, April 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.94%. Norwood Financial’s dividend payout ratio (DPR) is currently 57.97%.

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.