SG Americas Securities LLC Purchases Shares of 3,958 Norwood Financial Corp. (NASDAQ:NWFL)

SG Americas Securities LLC purchased a new stake in Norwood Financial Corp. (NASDAQ:NWFL) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,958 shares of the financial services provider’s stock, valued at approximately $130,000.

Other hedge funds also recently bought and sold shares of the company. Barclays PLC lifted its stake in Norwood Financial by 62.0% during the second quarter. Barclays PLC now owns 1,476 shares of the financial services provider’s stock valued at $43,000 after buying an additional 565 shares in the last quarter. UBS Group AG lifted its stake in Norwood Financial by 163.9% during the first quarter. UBS Group AG now owns 1,528 shares of the financial services provider’s stock valued at $45,000 after buying an additional 949 shares in the last quarter. BNP Paribas Arbitrage SNC lifted its stake in Norwood Financial by 13,721.4% during the second quarter. BNP Paribas Arbitrage SNC now owns 1,935 shares of the financial services provider’s stock valued at $57,000 after buying an additional 1,921 shares in the last quarter. California State Teachers Retirement System purchased a new stake in Norwood Financial during the second quarter valued at about $72,000. Finally, Bank of America Corp DE purchased a new stake in Norwood Financial during the fourth quarter valued at about $116,000. 28.08% of the stock is owned by hedge funds and other institutional investors.

Norwood Financial Price Performance

NWFL stock opened at $23.99 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.69. Norwood Financial Corp. has a one year low of $23.50 and a one year high of $34.50. The firm has a market capitalization of $194.56 million, a PE ratio of 11.59 and a beta of 0.63. The firm has a 50-day moving average of $26.23 and a two-hundred day moving average of $27.75.

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

Norwood Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date is Friday, April 12th. Norwood Financial’s dividend payout ratio (DPR) is currently 57.97%.

Norwood Financial 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.