Norwood Financial (NASDAQ:NWFL) Stock Passes Below 200-Day Moving Average of $27.51

Norwood Financial Corp. (NASDAQ:NWFL)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $27.51 and traded as low as $24.35. Norwood Financial shares last traded at $24.35, with a volume of 10,104 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Norwood Financial from a “sell” rating to a “hold” rating in a research note on Saturday, May 11th.

Norwood Financial Trading Up 0.6 %

The company has a market cap of $198.37 million, a price-to-earnings ratio of 12.82 and a beta of 0.64. The business has a fifty day simple moving average of $25.11 and a 200 day simple moving average of $27.48. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.83.

Norwood Financial (NASDAQ:NWFL) last announced its quarterly earnings data on Monday, April 22nd. The financial services provider reported $0.55 EPS for the quarter. Norwood Financial had a net margin of 14.14% and a return on equity of 8.80%. The firm had revenue of $16.72 million during the quarter.

Norwood Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Investors of record on Monday, April 15th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.90%. The ex-dividend date was Friday, April 12th. Norwood Financial’s payout ratio is currently 62.83%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its stake in Norwood Financial by 58.8% in the 1st quarter. BNP Paribas Financial Markets now owns 3,402 shares of the financial services provider’s stock valued at $93,000 after buying an additional 1,260 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Norwood Financial during the fourth quarter valued at $130,000. John G Ullman & Associates Inc. purchased a new stake in Norwood Financial during the 4th quarter worth about $230,000. Cedar Brook Financial Partners LLC purchased a new stake in Norwood Financial during the 4th quarter worth about $239,000. Finally, Bank of New York Mellon Corp raised its stake in Norwood Financial by 2.2% in the 3rd 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 during the last quarter. Institutional investors and hedge funds own 28.08% of the company’s stock.

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.