Sheaff Brock Investment Advisors LLC maintained its position in Penns Woods Bancorp, Inc. (NASDAQ:PWOD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,005 shares of the financial services provider’s stock at the end of the 2nd quarter. Sheaff Brock Investment Advisors LLC owned 0.11% of Penns Woods Bancorp worth $206,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of Penns Woods Bancorp by 5.7% during the second quarter. JPMorgan Chase & Co. now owns 6,016 shares of the financial services provider’s stock worth $248,000 after purchasing an additional 325 shares in the last quarter. Hudock Capital Group LLC increased its stake in shares of Penns Woods Bancorp by 5.7% during the second quarter. Hudock Capital Group LLC now owns 15,008 shares of the financial services provider’s stock worth $618,000 after purchasing an additional 804 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Penns Woods Bancorp by 2.6% during the second quarter. Bank of New York Mellon Corp now owns 29,369 shares of the financial services provider’s stock worth $1,209,000 after purchasing an additional 754 shares in the last quarter. 23.26% of the stock is owned by institutional investors and hedge funds.

Shares of Penns Woods Bancorp, Inc. (PWOD) opened at 43.97 on Thursday. Penns Woods Bancorp, Inc. has a 1-year low of $38.12 and a 1-year high of $52.65. The stock’s 50 day moving average is $42.39 and its 200-day moving average is $42.19. The stock has a market cap of $206.13 million, a PE ratio of 17.66 and a beta of 1.00.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 26th. Stockholders of record on Tuesday, September 12th will be issued a $0.47 dividend. The ex-dividend date is Monday, September 11th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 4.30%. Penns Woods Bancorp’s dividend payout ratio is presently 75.81%.

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PWOD has been the subject of a number of research reports. ValuEngine cut shares of Penns Woods Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. TheStreet raised shares of Penns Woods Bancorp from a “c+” rating to a “b-” rating in a research note on Monday, August 14th.

Penns Woods Bancorp Profile

Penns Woods Bancorp, Inc is a bank holding company. The Company operates through its subsidiaries: Jersey Shore State Bank (JSSB) and Luzerne Bank (Luzerne) (collectively known as the Banks); Woods Real Estate Development Company, Inc; Woods Investment Company, Inc, and The M Group, a subsidiary of JSSB.

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Institutional Ownership by Quarter for Penns Woods Bancorp (NASDAQ:PWOD)

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