Hudock Inc. Trims Position in Citizens Financial Services, Inc. (NASDAQ:CZFS)

Hudock Inc. lessened its stake in shares of Citizens Financial Services, Inc. (NASDAQ:CZFS) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 40,542 shares of the company’s stock after selling 574 shares during the period. Hudock Inc.’s holdings in Citizens Financial Services were worth $2,567,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. De Lisle Partners LLP raised its holdings in shares of Citizens Financial Services by 1.0% during the 3rd quarter. De Lisle Partners LLP now owns 15,354 shares of the company’s stock worth $897,000 after acquiring an additional 152 shares during the period. Stonebridge Financial Group LLC purchased a new position in shares of Citizens Financial Services during the 4th quarter worth $46,000. Geode Capital Management LLC raised its holdings in Citizens Financial Services by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 102,399 shares of the company’s stock valued at $6,017,000 after buying an additional 1,112 shares during the period. State Street Corp raised its holdings in Citizens Financial Services by 2.3% in the 3rd quarter. State Street Corp now owns 72,070 shares of the company’s stock valued at $4,234,000 after buying an additional 1,588 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in Citizens Financial Services in the 4th quarter valued at about $121,000. Hedge funds and other institutional investors own 22.49% of the company’s stock.

Citizens Financial Services Stock Down 4.6 %

Shares of CZFS opened at $61.06 on Thursday. The firm has a market cap of $290.65 million, a P/E ratio of 10.40 and a beta of 0.55. Citizens Financial Services, Inc. has a 12-month low of $38.52 and a 12-month high of $75.40. The company’s 50-day moving average price is $63.81 and its 200 day moving average price is $59.72. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.78.

Citizens Financial Services (NASDAQ:CZFS) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.14. Citizens Financial Services had a net margin of 16.39% and a return on equity of 9.93%. On average, sell-side analysts forecast that Citizens Financial Services, Inc. will post 6.4 earnings per share for the current year.

Citizens Financial Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a $0.49 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.96 annualized dividend and a yield of 3.21%. Citizens Financial Services’s dividend payout ratio (DPR) is currently 33.39%.

Citizens Financial Services Company Profile

Citizens Financial Services, Inc, a bank holding company, provides various banking products and services for individual, business, governmental, and institutional customers. The company accepts various deposit products, such as checking, savings, and time deposit accounts. Its loan products include residential, commercial, and agricultural real estate loans; commercial and industrial loans; state and political subdivision loans; and consumer loans, as well as various other specialized financial services.