JPMorgan Chase & Co. Acquires 21,904 Shares of Pioneer Bancorp, Inc. (NASDAQ:PBFS)

JPMorgan Chase & Co. lifted its stake in shares of Pioneer Bancorp, Inc. (NASDAQ:PBFS - Free Report) by 144.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 37,024 shares of the company's stock after purchasing an additional 21,904 shares during the period. JPMorgan Chase & Co. owned about 0.14% of Pioneer Bancorp worth $427,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC acquired a new stake in Pioneer Bancorp during the 4th quarter worth about $238,000. Empowered Funds LLC raised its stake in Pioneer Bancorp by 4.8% during the fourth quarter. Empowered Funds LLC now owns 60,164 shares of the company's stock worth $693,000 after acquiring an additional 2,779 shares in the last quarter. Barclays PLC raised its position in Pioneer Bancorp by 370.0% in the 3rd quarter. Barclays PLC now owns 18,757 shares of the company's stock valued at $206,000 after purchasing an additional 14,766 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Pioneer Bancorp by 12.5% during the third quarter. Geode Capital Management LLC now owns 250,178 shares of the company's stock valued at $2,745,000 after purchasing an additional 27,786 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Pioneer Bancorp by 1.0% in the 3rd quarter. State Street Corp now owns 177,006 shares of the company's stock valued at $1,942,000 after purchasing an additional 1,700 shares during the last quarter.

Pioneer Bancorp Stock Down 2.0 %

Shares of PBFS traded down $0.24 during trading hours on Monday, reaching $11.52. The stock had a trading volume of 9,419 shares, compared to its average volume of 26,703. The company has a market cap of $297.83 million, a P/E ratio of 15.78 and a beta of 0.30. Pioneer Bancorp, Inc. has a 52 week low of $8.76 and a 52 week high of $12.20. The firm has a 50-day moving average of $11.53 and a 200 day moving average of $11.51.

Pioneer Bancorp (NASDAQ:PBFS - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.13 earnings per share for the quarter. Pioneer Bancorp had a net margin of 16.26% and a return on equity of 6.16%.

Pioneer Bancorp Profile

Pioneer Bancorp, Inc operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York. The company accepts various deposit products, such as demand, savings, and money market accounts, as well as certificates of deposit accounts. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage lending, consumer loans, and home equity lines of credit.