Franklin Financial Services Co. (NASDAQ:FRAF - Get Free Report) Director Kimberly Rzomp acquired 500 shares of the stock in a transaction dated Wednesday, May 1st. The shares were acquired at an average cost of $30.14 per share, with a total value of $15,070.00. Following the completion of the transaction, the director now owns 7,008 shares in the company, valued at approximately $211,221.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Franklin Financial Services Price Performance
Shares of NASDAQ FRAF opened at $28.82 on Friday. The stock's 50-day simple moving average is $26.99 and its 200-day simple moving average is $29.65. The firm has a market capitalization of $126.52 million, a PE ratio of 9.24 and a beta of 0.35. Franklin Financial Services Co. has a fifty-two week low of $23.96 and a fifty-two week high of $35.00. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.82 and a current ratio of 0.82.
Franklin Financial Services (NASDAQ:FRAF - Get Free Report) last released its quarterly earnings data on Tuesday, January 30th. The company reported $0.79 earnings per share for the quarter. The company had revenue of $17.99 million for the quarter. Franklin Financial Services had a net margin of 13.69% and a return on equity of 11.18%.
Franklin Financial Services Dividend Announcement
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The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 22nd. Investors of record on Thursday, May 2nd will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.44%. The ex-dividend date of this dividend is Wednesday, May 1st. Franklin Financial Services's dividend payout ratio (DPR) is 41.03%.
Institutional Investors Weigh In On Franklin Financial Services
An institutional investor recently bought a new position in Franklin Financial Services stock. RKL Wealth Management LLC acquired a new position in shares of Franklin Financial Services Co. (NASDAQ:FRAF - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,033 shares of the company's stock, valued at approximately $285,000. RKL Wealth Management LLC owned about 0.21% of Franklin Financial Services as of its most recent filing with the Securities & Exchange Commission. 24.80% of the stock is owned by hedge funds and other institutional investors.
About Franklin Financial Services
(
Get Free Report)
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.
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