Barclays PLC Boosts Position in Citizens Financial Services, Inc. (NASDAQ:CZFS)

Barclays PLC raised its stake in Citizens Financial Services, Inc. (NASDAQ:CZFS) by 286.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,924 shares of the company’s stock after acquiring an additional 4,390 shares during the period. Barclays PLC’s holdings in Citizens Financial Services were worth $347,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CZFS. Rhumbline Advisers increased its position in Citizens Financial Services by 10.6% during the second quarter. Rhumbline Advisers now owns 5,285 shares of the company’s stock worth $238,000 after buying an additional 505 shares during the period. De Lisle Partners LLP grew its position in shares of Citizens Financial Services by 1.0% during the third 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 last quarter. Bank of New York Mellon Corp grew its position in shares of Citizens Financial Services by 22.5% during the second quarter. Bank of New York Mellon Corp now owns 23,761 shares of the company’s stock worth $1,068,000 after acquiring an additional 4,369 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of 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 acquiring an additional 1,588 shares during the period. Institutional investors and hedge funds own 22.49% of the company’s stock.

Citizens Financial Services Stock Up 2.9 %

Shares of NASDAQ:CZFS opened at $62.70 on Friday. Citizens Financial Services, Inc. has a 1-year low of $38.52 and a 1-year high of $75.40. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.97 and a quick ratio of 0.96. The stock has a market cap of $298.45 million, a P/E ratio of 10.83 and a beta of 0.53. The firm has a fifty day moving average price of $67.19 and a 200 day moving average price of $56.69.

Citizens Financial Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date was Friday, December 13th. Citizens Financial Services’s dividend payout ratio is currently 33.85%.

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.