Franklin Financial Services Co. (NASDAQ:FRAF) Director Gregory A. Duffey Buys 2,000 Shares

Franklin Financial Services Co. (NASDAQ:FRAFGet Free Report) Director Gregory A. Duffey bought 2,000 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The shares were acquired at an average price of $25.90 per share, for a total transaction of $51,800.00. Following the completion of the transaction, the director now directly owns 20,127 shares in the company, valued at approximately $521,289.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Franklin Financial Services Stock Up 0.1 %

Shares of NASDAQ FRAF opened at $26.35 on Friday. The firm’s 50-day moving average price is $27.20 and its 200-day moving average price is $28.77. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.09. The stock has a market capitalization of $115.94 million, a price-to-earnings ratio of 8.45 and a beta of 0.34. Franklin Financial Services Co. has a 12-month low of $25.11 and a 12-month high of $35.00.

Franklin Financial Services (NASDAQ:FRAFGet Free Report) last announced its earnings results on Tuesday, April 23rd. The company reported $0.77 earnings per share (EPS) for the quarter. The firm had revenue of $17.74 million for the quarter. Franklin Financial Services had a net margin of 13.69% and a return on equity of 10.91%.

Franklin Financial Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 22nd. Investors of record on Thursday, May 2nd were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date was Wednesday, May 1st. Franklin Financial Services’s dividend payout ratio (DPR) is currently 41.03%.

Institutional Trading of Franklin Financial Services

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA raised its position in Franklin Financial Services by 2,181.8% in the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 41,689 shares of the company’s stock worth $1,315,000 after purchasing an additional 39,862 shares during the period. RKL Wealth Management LLC bought a new stake in shares of Franklin Financial Services during the fourth quarter valued at approximately $285,000. Vanguard Group Inc. raised its stake in shares of Franklin Financial Services by 2.3% during the first quarter. Vanguard Group Inc. now owns 149,730 shares of the company’s stock valued at $3,923,000 after acquiring an additional 3,436 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in shares of Franklin Financial Services by 8.1% during the first quarter. Empowered Funds LLC now owns 27,904 shares of the company’s stock valued at $731,000 after acquiring an additional 2,100 shares in the last quarter. 24.80% of the stock is owned by hedge funds and other institutional investors.

Franklin Financial Services Company Profile

(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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Insider Buying and Selling by Quarter for Franklin Financial Services (NASDAQ:FRAF)

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