Penns Woods Bancorp (PWOD) Lifted to “B-” at TheStreet

TheStreet upgraded shares of Penns Woods Bancorp (NASDAQ:PWOD) from a c+ rating to a b- rating in a research note released on Wednesday, May 9th.

Separately, ValuEngine lowered shares of Penns Woods Bancorp from a buy rating to a hold rating in a report on Wednesday, May 2nd.

Shares of Penns Woods Bancorp opened at $44.91 on Wednesday, Marketbeat reports. The stock has a market cap of $207.62 million, a PE ratio of 16.28 and a beta of 0.74. Penns Woods Bancorp has a twelve month low of $38.12 and a twelve month high of $50.00. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.06 and a current ratio of 1.06.

Penns Woods Bancorp (NASDAQ:PWOD) last issued its quarterly earnings data on Thursday, April 19th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter. The firm had revenue of $13.48 million for the quarter. Penns Woods Bancorp had a net margin of 16.63% and a return on equity of 9.26%.

A number of institutional investors and hedge funds have recently modified their holdings of PWOD. Wells Fargo & Company MN raised its holdings in Penns Woods Bancorp by 61.6% in the 3rd quarter. Wells Fargo & Company MN now owns 5,061 shares of the financial services provider’s stock valued at $235,000 after buying an additional 1,929 shares during the period. Dimensional Fund Advisors LP raised its holdings in Penns Woods Bancorp by 14.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 130,028 shares of the financial services provider’s stock valued at $6,042,000 after buying an additional 16,369 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in Penns Woods Bancorp by 25.4% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 8,900 shares of the financial services provider’s stock valued at $415,000 after buying an additional 1,800 shares during the period. Hudock Capital Group LLC raised its holdings in Penns Woods Bancorp by 69.5% in the 4th quarter. Hudock Capital Group LLC now owns 42,609 shares of the financial services provider’s stock valued at $1,984,000 after buying an additional 17,464 shares during the period. Finally, First Trust Advisors LP purchased a new stake in Penns Woods Bancorp in the 4th quarter valued at about $459,000. Hedge funds and other institutional investors own 25.91% of the company’s stock.

About Penns Woods Bancorp

Penns Woods Bancorp, Inc operates as the holding bank of Jersey Shore State Bank and Luzerne Bank. It offers a range of products including accepting time, demand and savings deposits, including Super NOW accounts, regular savings accounts, money market certificates, investment certificates, fixed-rate certificates of deposit and club accounts.

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