Norwood Financial Co. (NASDAQ:NWFL) Chairman William W. Davis, Jr. sold 7,383 shares of Norwood Financial stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $30.50, for a total transaction of $225,181.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Norwood Financial Co. (NASDAQ:NWFL) traded up $0.12 during midday trading on Friday, reaching $33.70. 46,600 shares of the company traded hands, compared to its average volume of 14,599. Norwood Financial Co. has a twelve month low of $21.23 and a twelve month high of $35.72. The firm has a market cap of $209.34, a P/E ratio of 20.27 and a beta of 0.13. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.27.
Norwood Financial (NASDAQ:NWFL) last announced its earnings results on Tuesday, October 24th. The financial services provider reported $0.47 earnings per share for the quarter. The company had revenue of $10.73 million during the quarter. Norwood Financial had a return on equity of 9.07% and a net margin of 23.08%.
Separately, ValuEngine downgraded shares of Norwood Financial from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.
Several institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its stake in shares of Norwood Financial by 50.0% during the third 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 in the last quarter. Northern Trust Corp grew its stake in shares of Norwood Financial by 305.4% during the second quarter. Northern Trust Corp now owns 43,860 shares of the financial services provider’s stock valued at $1,853,000 after acquiring an additional 33,041 shares in the last quarter. State Street Corp acquired a new stake in shares of Norwood Financial during the second quarter valued at about $1,683,000. Siena Capital Partners GP LLC grew its stake in shares of Norwood Financial by 50.0% during the third quarter. Siena Capital Partners GP LLC now owns 32,561 shares of the financial services provider’s stock valued at $994,000 after acquiring an additional 10,854 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Norwood Financial by 42.4% during the second quarter. Vanguard Group Inc. now owns 25,878 shares of the financial services provider’s stock valued at $1,093,000 after acquiring an additional 7,707 shares in the last quarter. Institutional investors own 17.37% of the company’s stock.
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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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