Penns Woods Bancorp, Inc. (PWOD) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its holdings in Penns Woods Bancorp, Inc. (NASDAQ:PWOD) by 42.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,445 shares of the financial services provider’s stock after selling 2,571 shares during the quarter. JPMorgan Chase & Co. owned about 0.07% of Penns Woods Bancorp worth $160,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Penns Woods Bancorp by 1.9% in the second quarter. Vanguard Group Inc. now owns 167,385 shares of the financial services provider’s stock worth $6,893,000 after acquiring an additional 3,107 shares in the last quarter. State Street Corp raised its position in Penns Woods Bancorp by 2.3% in the second quarter. State Street Corp now owns 81,081 shares of the financial services provider’s stock worth $3,337,000 after acquiring an additional 1,849 shares in the last quarter. Northern Trust Corp raised its position in Penns Woods Bancorp by 5.2% in the second quarter. Northern Trust Corp now owns 53,330 shares of the financial services provider’s stock worth $2,197,000 after acquiring an additional 2,654 shares in the last quarter. Bank of New York Mellon Corp raised its position in Penns Woods Bancorp by 2.6% in 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 acquiring an additional 754 shares in the last quarter. Finally, Hudock Capital Group LLC raised its position in Penns Woods Bancorp by 67.5% in the third quarter. Hudock Capital Group LLC now owns 25,145 shares of the financial services provider’s stock worth $1,168,000 after acquiring an additional 10,137 shares in the last quarter. Hedge funds and other institutional investors own 24.07% of the company’s stock.

Penns Woods Bancorp, Inc. (NASDAQ PWOD) opened at $44.48 on Friday. The stock has a market capitalization of $210.54, a price-to-earnings ratio of 17.51 and a beta of 0.93. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.01 and a quick ratio of 1.01. Penns Woods Bancorp, Inc. has a 52-week low of $38.12 and a 52-week high of $50.00.

Penns Woods Bancorp (NASDAQ:PWOD) last released its quarterly earnings data on Friday, October 20th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. Penns Woods Bancorp had a return on equity of 8.23% and a net margin of 20.14%.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Wednesday, December 13th were given a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 4.23%. The ex-dividend date of this dividend was Tuesday, December 12th. Penns Woods Bancorp’s payout ratio is 74.02%.

In other Penns Woods Bancorp news, Director James M. Furey II sold 2,000 shares of the stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $48.10, for a total value of $96,200.00. Following the completion of the transaction, the director now owns 6,547 shares in the company, valued at $314,910.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 3.63% of the company’s stock.

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Penns Woods Bancorp Company 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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