1,087 Shares in Franklin Financial Services Co. (NASDAQ:FRAF) Bought by Barclays PLC

Barclays PLC bought a new position in shares of Franklin Financial Services Co. (NASDAQ:FRAF) during the third quarter, Holdings Channel.com reports. The fund bought 1,087 shares of the company’s stock, valued at approximately $32,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. bought a new position in Franklin Financial Services during the second quarter worth $58,000. Fourthstone LLC increased its position in Franklin Financial Services by 0.3% during the third quarter. Fourthstone LLC now owns 440,745 shares of the company’s stock worth $13,280,000 after acquiring an additional 1,507 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Franklin Financial Services during the third quarter worth $205,000. Dimensional Fund Advisors LP boosted its stake in Franklin Financial Services by 14.9% during the second quarter. Dimensional Fund Advisors LP now owns 40,030 shares of the company’s stock worth $1,132,000 after buying an additional 5,183 shares in the last quarter. Finally, Empowered Funds LLC boosted its stake in Franklin Financial Services by 5.3% during the third quarter. Empowered Funds LLC now owns 31,672 shares of the company’s stock worth $954,000 after buying an additional 1,608 shares in the last quarter. Institutional investors own 24.80% of the company’s stock.

Franklin Financial Services Stock Down 1.5 %

FRAF opened at $28.08 on Friday. Franklin Financial Services Co. has a fifty-two week low of $25.11 and a fifty-two week high of $34.15. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.92 and a quick ratio of 0.92. The firm’s fifty day moving average price is $32.11 and its two-hundred day moving average price is $30.95. The company has a market capitalization of $124.00 million, a P/E ratio of 8.86 and a beta of 0.33.

Franklin Financial Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 1st were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.28 dividend on an annualized basis and a yield of 4.56%. Franklin Financial Services’s dividend payout ratio is currently 40.38%.

About Franklin Financial Services

Franklin Financial Services Corporation operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities, and non-profit organizations in Pennsylvania. It offers various deposit products, including checking, savings, money management, and time deposit accounts, as well as demand deposits.