Norwood Financial Co. (NWFL) Chairman William W. Davis, Jr. Sells 7,383 Shares

Norwood Financial Co. (NASDAQ:NWFL) Chairman William W. Davis, Jr. sold 7,383 shares of the stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $30.50, for a total transaction of $225,181.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Norwood Financial Co. (NASDAQ NWFL) traded up $0.34 during midday trading on Wednesday, hitting $30.04. 13,400 shares of the stock were exchanged, compared to its average volume of 12,003. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a market cap of $185.15, a P/E ratio of 17.93 and a beta of 0.13. Norwood Financial Co. has a 12-month low of $21.23 and a 12-month high of $33.74.

Norwood Financial (NASDAQ:NWFL) last announced its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter. The firm had revenue of $10.73 million for the quarter. Norwood Financial had a net margin of 23.08% and a return on equity of 9.07%.

Separately, ValuEngine downgraded shares of Norwood Financial from a “buy” rating to a “hold” rating in a report on Friday, December 1st.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Cetera Advisor Networks LLC purchased a new stake in shares of Norwood Financial during the 3rd quarter valued at about $293,000. Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Norwood Financial by 50.0% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 11,143 shares of the financial services provider’s stock valued at $340,000 after acquiring an additional 3,714 shares during the last quarter. California State Teachers Retirement System boosted its holdings in shares of Norwood Financial by 39.0% during the 3rd quarter. California State Teachers Retirement System now owns 9,450 shares of the financial services provider’s stock valued at $288,000 after acquiring an additional 2,650 shares during the last quarter. Stifel Financial Corp purchased a new stake in shares of Norwood Financial during the 3rd quarter valued at about $221,000. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Norwood Financial by 50.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 48,702 shares of the financial services provider’s stock valued at $1,486,000 after acquiring an additional 16,228 shares during the last quarter. 17.37% of the stock is currently owned by hedge funds and other institutional investors.

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Norwood Financial Company Profile

Norwood Financial Corp. is a bank holding company. The Company operates through its subsidiary, Wayne Bank (the Bank). The Bank is a chartered bank and trust company. The Bank is an independent community bank that operates over five offices in the Wayne County, approximately three offices in Pike County, four offices in Monroe County and over three offices in Lackawanna County.

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