Citizens Financial Services, Inc. (NASDAQ:CZFS) Director John P. Painter II Buys 290 Shares

Citizens Financial Services, Inc. (NASDAQ:CZFS) Director John P. Painter II acquired 290 shares of the business’s stock in a transaction dated Monday, November 4th. The stock was purchased at an average cost of $56.65 per share, with a total value of $16,428.50. Following the transaction, the director now owns 1,904 shares of the company’s stock, valued at approximately $107,861.60. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Citizens Financial Services Stock Up 15.2 %

Shares of NASDAQ CZFS opened at $71.88 on Thursday. Citizens Financial Services, Inc. has a 1 year low of $38.52 and a 1 year high of $71.90. The firm’s 50 day moving average price is $56.59 and its 200 day moving average price is $49.38. The firm has a market cap of $342.15 million, a P/E ratio of 12.41 and a beta of 0.48. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.00 and a current ratio of 1.01.

Citizens Financial Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were given a dividend of $0.49 per share. The ex-dividend date was Friday, September 13th. This represents a $1.96 dividend on an annualized basis and a yield of 2.73%. Citizens Financial Services’s dividend payout ratio (DPR) is currently 33.85%.

Institutional Trading of Citizens Financial Services

A number of hedge funds have recently bought and sold shares of CZFS. Vanguard Group Inc. boosted its holdings in shares of Citizens Financial Services by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 229,271 shares of the company’s stock valued at $11,280,000 after purchasing an additional 10,058 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Citizens Financial Services by 22.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 23,761 shares of the company’s stock valued at $1,068,000 after purchasing an additional 4,369 shares during the last quarter. Nisa Investment Advisors LLC acquired a new position in shares of Citizens Financial Services in the 2nd quarter valued at $32,000. Hudock Inc. boosted its holdings in shares of Citizens Financial Services by 1.6% in the 2nd quarter. Hudock Inc. now owns 41,028 shares of the company’s stock valued at $1,844,000 after purchasing an additional 627 shares during the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of Citizens Financial Services by 10.6% in the 2nd quarter. Rhumbline Advisers now owns 5,285 shares of the company’s stock valued at $238,000 after purchasing an additional 505 shares during the last quarter. Institutional investors and hedge funds own 22.49% of the company’s stock.

About Citizens Financial Services

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.