Norwood Financial Co. (NASDAQ:NWFL) COO Robert J. Mancuso acquired 1,000 shares of the firm’s stock in a transaction that occurred on Monday, November 19th. The shares were purchased at an average price of $37.00 per share, with a total value of $37,000.00. Following the acquisition, the chief operating officer now owns 6,111 shares of the company’s stock, valued at approximately $226,107. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of NASDAQ NWFL opened at $36.30 on Tuesday. The company has a market cap of $237.09 million, a P/E ratio of 17.59 and a beta of 0.17. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.31. Norwood Financial Co. has a 52-week low of $28.56 and a 52-week high of $40.58.

Norwood Financial (NASDAQ:NWFL) last issued its quarterly earnings data on Monday, October 22nd. The financial services provider reported $0.58 earnings per share (EPS) for the quarter. The firm had revenue of $11.39 million during the quarter. Norwood Financial had a net margin of 21.65% and a return on equity of 11.75%.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 1st. Investors of record on Monday, October 15th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend was Friday, October 12th.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rhumbline Advisers acquired a new position in Norwood Financial during the third quarter valued at approximately $219,000. First Trust Advisors LP acquired a new position in Norwood Financial during the second quarter valued at approximately $242,000. Bridgeway Capital Management Inc. grew its holdings in Norwood Financial by 21.1% during the third quarter. Bridgeway Capital Management Inc. now owns 17,249 shares of the financial services provider’s stock valued at $675,000 after purchasing an additional 3,000 shares during the period. Renaissance Technologies LLC grew its holdings in Norwood Financial by 5.5% during the second quarter. Renaissance Technologies LLC now owns 36,450 shares of the financial services provider’s stock valued at $1,313,000 after purchasing an additional 1,899 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Norwood Financial by 18.3% during the second quarter. Dimensional Fund Advisors LP now owns 56,502 shares of the financial services provider’s stock valued at $2,035,000 after purchasing an additional 8,746 shares during the period. Hedge funds and other institutional investors own 18.39% of the company’s stock.

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Norwood Financial Company Profile

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. It accepts a range of deposit products, such as interest-bearing and non-interest bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits and individual retirement accounts.

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