Citizens & Northern Co. (NASDAQ:CZNC) Shares Sold by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC trimmed its position in Citizens & Northern Co. (NASDAQ:CZNC) by 17.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,986 shares of the financial services provider’s stock after selling 17,920 shares during the quarter. Citizens & Northern accounts for approximately 0.9% of IVC Wealth Advisors LLC’s portfolio, making the stock its 24th largest holding. IVC Wealth Advisors LLC’s holdings in Citizens & Northern were worth $1,525,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its position in Citizens & Northern by 186.3% during the third quarter. JPMorgan Chase & Co. now owns 24,032 shares of the financial services provider’s stock valued at $473,000 after buying an additional 15,637 shares in the last quarter. Barclays PLC raised its holdings in shares of Citizens & Northern by 290.1% during the 3rd quarter. Barclays PLC now owns 19,388 shares of the financial services provider’s stock valued at $381,000 after buying an additional 14,418 shares during the period. Stone House Investment Management LLC lifted its position in Citizens & Northern by 11.0% during the 3rd quarter. Stone House Investment Management LLC now owns 95,255 shares of the financial services provider’s stock worth $1,876,000 after acquiring an additional 9,470 shares in the last quarter. SG Americas Securities LLC purchased a new position in Citizens & Northern in the 3rd quarter worth approximately $102,000. Finally, Geode Capital Management LLC grew its position in Citizens & Northern by 1.2% in the third quarter. Geode Capital Management LLC now owns 345,823 shares of the financial services provider’s stock valued at $6,811,000 after acquiring an additional 4,243 shares in the last quarter. 30.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler raised Citizens & Northern to a “hold” rating in a research report on Monday, December 2nd.

Citizens & Northern Trading Up 1.5 %

NASDAQ:CZNC opened at $19.25 on Friday. The company has a market cap of $296.64 million, a PE ratio of 13.37 and a beta of 0.48. The business’s 50 day moving average is $19.40 and its two-hundred day moving average is $19.41. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.77. Citizens & Northern Co. has a 52 week low of $16.50 and a 52 week high of $22.20.

Citizens & Northern Profile

Citizens & Northern Corp. is a holding company, which engages in community banking. It provides a full range of banking and mortgage services to individual and corporate customers in North Central Pennsylvania and Southern New York State. The firm’s lending products include mortgage loans, commercial loans, and consumer loans.