Penns Woods Bancorp, Inc. (NASDAQ:PWOD)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $37.60 and last traded at $37.68, with a volume of 7519 shares. The stock had previously closed at $38.53.

Separately, ValuEngine cut Penns Woods Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, January 10th.

The company has a market capitalization of $181.64 million, a P/E ratio of 13.08 and a beta of 0.76. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.05 and a current ratio of 1.06.

The business also recently declared a quarterly dividend, which was paid on Monday, December 24th. Investors of record on Tuesday, December 11th were given a dividend of $0.47 per share. The ex-dividend date was Monday, December 10th. This represents a $1.88 annualized dividend and a dividend yield of 4.99%.

A number of hedge funds have recently added to or reduced their stakes in PWOD. Dimensional Fund Advisors LP boosted its position in shares of Penns Woods Bancorp by 5.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 161,421 shares of the financial services provider’s stock worth $7,014,000 after purchasing an additional 8,541 shares during the period. Renaissance Technologies LLC boosted its position in Penns Woods Bancorp by 7.7% in the 2nd quarter. Renaissance Technologies LLC now owns 111,300 shares of the financial services provider’s stock valued at $4,984,000 after buying an additional 7,987 shares during the period. BlackRock Inc. boosted its position in Penns Woods Bancorp by 2.1% in the 2nd quarter. BlackRock Inc. now owns 227,192 shares of the financial services provider’s stock valued at $10,173,000 after buying an additional 4,765 shares during the period. Finally, California Public Employees Retirement System boosted its position in Penns Woods Bancorp by 9.6% in the 2nd quarter. California Public Employees Retirement System now owns 15,688 shares of the financial services provider’s stock valued at $703,000 after buying an additional 1,380 shares during the period. Institutional investors own 25.80% of the company’s stock.

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Penns Woods Bancorp Company Profile (NASDAQ:PWOD)

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank and Luzerne Bank, which provides banking and financial services to individuals, partnerships, non-profit organizations, and corporations. It provides time deposits, super NOW accounts, statement savings accounts, money market accounts, certificates of deposit, checking accounts, and IRAs.

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