Peoples Financial Services (NASDAQ:PFIS) Stock Price Crosses Below 200 Day Moving Average of $48.19

Peoples Financial Services Corp. (NASDAQ:PFIS – Get Rating)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $48.19 and traded as low as $39.95. Peoples Financial Services shares last traded at $40.07, with a volume of 6,125 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com upgraded Peoples Financial Services from a “sell” rating to a “hold” rating in a research note on Wednesday, May 17th.

Peoples Financial Services Stock Up 1.2 %

The firm has a market cap of $292.44 million, a P/E ratio of 8.18 and a beta of 0.25. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 0.90. The firm’s fifty day moving average is $40.76 and its 200 day moving average is $48.03.

Peoples Financial Services (NASDAQ:PFIS – Get Rating) last posted its quarterly earnings data on Thursday, April 27th. The financial services provider reported $1.04 earnings per share for the quarter. The firm had revenue of $26.72 million for the quarter. Peoples Financial Services had a return on equity of 11.94% and a net margin of 27.07%. As a group, equities research analysts anticipate that Peoples Financial Services Corp. will post 3.79 earnings per share for the current fiscal year.

Peoples Financial Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Wednesday, May 31st will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend is Tuesday, May 30th. Peoples Financial Services’s dividend payout ratio (DPR) is currently 32.80%.

Insider Buying and Selling at Peoples Financial Services

In other news, Director William E. Aubrey II bought 2,715 shares of the firm’s stock in a transaction on Tuesday, May 16th. The shares were purchased at an average cost of $38.46 per share, with a total value of $104,418.90. Following the acquisition, the director now directly owns 55,000 shares in the company, valued at $2,115,300. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. In other Peoples Financial Services news, Director William E. Aubrey II acquired 2,715 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The stock was acquired at an average cost of $38.46 per share, for a total transaction of $104,418.90. Following the transaction, the director now directly owns 55,000 shares in the company, valued at $2,115,300. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas P. Tulaney bought 1,000 shares of the firm’s stock in a transaction on Tuesday, May 16th. The shares were bought at an average cost of $37.45 per share, for a total transaction of $37,450.00. Following the purchase, the insider now owns 18,040 shares of the company’s stock, valued at approximately $675,598. The disclosure for this purchase can be found here. Insiders have bought a total of 3,815 shares of company stock valued at $145,875 in the last ninety days. 3.30% of the stock is currently owned by company insiders.

Institutional Trading of Peoples Financial Services

Institutional investors have recently modified their holdings of the business. Captrust Financial Advisors grew its position in shares of Peoples Financial Services by 1,458.3% in the 2nd quarter. Captrust Financial Advisors now owns 935 shares of the financial services provider’s stock valued at $52,000 after buying an additional 875 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in Peoples Financial Services during the third quarter worth $54,000. Barclays PLC raised its stake in Peoples Financial Services by 533.0% during the fourth quarter. Barclays PLC now owns 1,880 shares of the financial services provider’s stock worth $98,000 after buying an additional 1,583 shares during the last quarter. BNP Paribas Arbitrage SNC raised its stake in Peoples Financial Services by 31.3% during the third quarter. BNP Paribas Arbitrage SNC now owns 2,229 shares of the financial services provider’s stock worth $104,000 after buying an additional 531 shares during the last quarter. Finally, SG Americas Securities LLC raised its stake in Peoples Financial Services by 10.9% during the fourth quarter. SG Americas Securities LLC now owns 2,494 shares of the financial services provider’s stock worth $129,000 after buying an additional 245 shares during the last quarter. Institutional investors own 30.21% of the company’s stock.

Peoples Financial Services Company Profile

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Peoples Financial Services Corp. is a bank holding company, which engages in the provision of financial services through its wholly-owned subsidiary, Peoples Security Bank and Trust Company. Its loan portfolio includes commercial and retail. The company was founded on February 6, 1986 and is headquartered in Scranton, PA.