Nationwide Fund Advisors Has $182,000 Position in Peoples Financial Services Corp. (PFIS)

Nationwide Fund Advisors maintained its stake in Peoples Financial Services Corp. (NASDAQ:PFIS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,160 shares of the financial services provider’s stock at the close of the 2nd quarter. Nationwide Fund Advisors owned 0.06% of Peoples Financial Services Corp. worth $182,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of PFIS. LSV Asset Management boosted its stake in shares of Peoples Financial Services Corp. by 90.6% during the second quarter. LSV Asset Management now owns 6,100 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 2,900 shares during the period. Kennedy Capital Management Inc. boosted its stake in shares of Peoples Financial Services Corp. by 3.6% during the second quarter. Kennedy Capital Management Inc. now owns 18,819 shares of the financial services provider’s stock valued at $823,000 after purchasing an additional 648 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of Peoples Financial Services Corp. by 0.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 20,374 shares of the financial services provider’s stock valued at $891,000 after purchasing an additional 95 shares during the period. 22.09% of the stock is owned by hedge funds and other institutional investors.

Shares of Peoples Financial Services Corp. (NASDAQ:PFIS) opened at $44.04 on Thursday. The stock has a market cap of $327.74, a price-to-earnings ratio of 17.04 and a beta of 0.92. Peoples Financial Services Corp. has a one year low of $39.00 and a one year high of $50.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.94 and a current ratio of 0.94.

Peoples Financial Services Corp. (NASDAQ:PFIS) last released its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.72 earnings per share for the quarter. The firm had revenue of $20.32 million during the quarter. Peoples Financial Services Corp. had a return on equity of 7.36% and a net margin of 22.75%.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 30th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.28 annualized dividend and a dividend yield of 2.91%. Peoples Financial Services Corp.’s payout ratio is currently 46.21%.

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Separately, BidaskClub raised shares of Peoples Financial Services Corp. from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th.

Peoples Financial Services Corp. Profile

Peoples Financial Services Corp. is a bank holding company. The Company provides a range of financial services through its subsidiary, Peoples Security Bank and Trust Company (Peoples Bank), including its subsidiary, Peoples Advisors, LLC. Peoples Bank is a state-chartered bank and trust company. Peoples Advisors, LLC, provides investment advisory services through a third party to individuals and small businesses.

Institutional Ownership by Quarter for Peoples Financial Services Corp. (NASDAQ:PFIS)

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