John G Ullman & Associates Inc. Sells 2,107 Shares of Norwood Financial Corp. (NASDAQ:NWFL)

John G Ullman & Associates Inc. cut its position in Norwood Financial Corp. (NASDAQ:NWFL) by 9.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,800 shares of the financial services provider’s stock after selling 2,107 shares during the quarter. John G Ullman & Associates Inc. owned about 0.24% of Norwood Financial worth $546,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Norwood Financial by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 379,847 shares of the financial services provider’s stock valued at $10,336,000 after acquiring an additional 2,978 shares during the period. Cetera Investment Advisers increased its stake in shares of Norwood Financial by 258.7% in the second quarter. Cetera Investment Advisers now owns 84,919 shares of the financial services provider’s stock worth $2,155,000 after purchasing an additional 61,247 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Norwood Financial by 9.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 30,657 shares of the financial services provider’s stock valued at $778,000 after buying an additional 2,563 shares in the last quarter. Code Waechter LLC purchased a new stake in shares of Norwood Financial during the 3rd quarter valued at approximately $815,000. Finally, Signature Estate & Investment Advisors LLC purchased a new position in Norwood Financial in the 3rd quarter valued at approximately $200,000. Hedge funds and other institutional investors own 28.08% of the company’s stock.

Norwood Financial Trading Down 2.2 %

Shares of NWFL stock opened at $29.23 on Thursday. Norwood Financial Corp. has a 1 year low of $23.50 and a 1 year high of $34.50. The company’s fifty day simple moving average is $28.79 and its two-hundred day simple moving average is $26.80. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market capitalization of $236.47 million, a price-to-earnings ratio of 18.38 and a beta of 0.61.

Norwood Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Friday, October 18th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, October 18th. This represents a $1.20 dividend on an annualized basis and a yield of 4.11%. Norwood Financial’s dividend payout ratio (DPR) is 75.47%.

About Norwood Financial

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.