ValuEngine cut shares of Norwood Financial (NASDAQ:NWFL) from a hold rating to a sell rating in a research note released on Wednesday morning.

Shares of NASDAQ:NWFL opened at $34.71 on Wednesday. The company has a market cap of $217.59 million, a PE ratio of 16.14 and a beta of 0.17. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 0.84. Norwood Financial has a 12 month low of $28.76 and a 12 month high of $40.58.

Norwood Financial (NASDAQ:NWFL) last announced its quarterly earnings results on Monday, October 22nd. The financial services provider reported $0.58 EPS for the quarter. The business had revenue of $11.39 million for the quarter. Norwood Financial had a return on equity of 11.75% and a net margin of 21.65%.

In other news, Director Ralph A. Matergia purchased 4,150 shares of the firm’s stock in a transaction dated Monday, October 22nd. The shares were acquired at an average price of $36.18 per share, with a total value of $150,147.00. Following the purchase, the director now directly owns 10,322 shares of the company’s stock, valued at $373,449.96. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Lewis J. Critelli sold 4,125 shares of the business’s stock in a transaction that occurred on Friday, November 2nd. The stock was sold at an average price of $38.14, for a total value of $157,327.50. The disclosure for this sale can be found here. Insiders have bought a total of 5,619 shares of company stock worth $205,620 in the last three months. Corporate insiders own 6.40% of the company’s stock.

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Norwood Financial by 6.4% during the 3rd quarter. Vanguard Group Inc. now owns 198,849 shares of the financial services provider’s stock worth $7,787,000 after acquiring an additional 12,005 shares in the last quarter. Bridgeway Capital Management Inc. lifted its stake in Norwood Financial by 21.1% in the 3rd quarter. Bridgeway Capital Management Inc. now owns 17,249 shares of the financial services provider’s stock valued at $675,000 after buying an additional 3,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Norwood Financial by 9.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 62,064 shares of the financial services provider’s stock valued at $2,430,000 after buying an additional 5,562 shares in the last quarter. BlackRock Inc. lifted its stake in Norwood Financial by 0.9% in the 3rd quarter. BlackRock Inc. now owns 286,357 shares of the financial services provider’s stock valued at $11,214,000 after buying an additional 2,478 shares in the last quarter. Finally, Rhumbline Advisers purchased a new stake in Norwood Financial in the 3rd quarter valued at approximately $219,000. 18.05% of the stock is currently owned by institutional investors and hedge funds.

Norwood Financial Company Profile

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

Read More: How to Invest in the Dividend Aristocrat Index

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Norwood Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwood Financial and related companies with MarketBeat.com's FREE daily email newsletter.