Norwood Financial (NASDAQ:NWFL) Stock Rating Lowered by StockNews.com

Norwood Financial (NASDAQ:NWFL) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Friday.

Norwood Financial Price Performance

NWFL stock traded up $0.08 during midday trading on Friday, reaching $25.36. The company had a trading volume of 2,402 shares, compared to its average volume of 10,967. The firm has a 50-day moving average price of $25.65 and a 200-day moving average price of $27.63. The company has a market capitalization of $205.67 million, a P/E ratio of 13.28 and a beta of 0.64. Norwood Financial has a 1 year low of $23.50 and a 1 year high of $34.50. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.88 and a quick ratio of 0.88.

Norwood Financial (NASDAQ:NWFL) last announced its earnings results on Monday, January 29th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter. Norwood Financial had a net margin of 14.14% and a return on equity of 8.90%. The company had revenue of $17.42 million during the quarter.

Institutional Trading of Norwood Financial

Hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its holdings in shares of Norwood Financial by 58.8% in the 1st quarter. BNP Paribas Financial Markets now owns 3,402 shares of the financial services provider’s stock worth $93,000 after acquiring an additional 1,260 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Norwood Financial during the fourth quarter valued at about $130,000. John G Ullman & Associates Inc. purchased a new position in shares of Norwood Financial in the fourth quarter worth about $230,000. Cedar Brook Financial Partners LLC bought a new stake in shares of Norwood Financial in the 4th quarter valued at about $239,000. Finally, Bank of New York Mellon Corp boosted its holdings in Norwood Financial by 2.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 28,429 shares of the financial services provider’s stock valued at $732,000 after acquiring an additional 613 shares during the period. Hedge funds and other institutional investors own 28.08% of the company’s stock.

Norwood Financial Company Profile

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