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Pathfinder Bancorp (NASDAQ:PBHC) Stock Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Pathfinder Bancorp logo with Finance background

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.53 and traded as low as $15.31. Pathfinder Bancorp shares last traded at $15.64, with a volume of 7,869 shares changing hands.

Pathfinder Bancorp Stock Performance

The firm has a market capitalization of $70.18 million, a PE ratio of 24.57 and a beta of 0.12. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.74 and a quick ratio of 0.74. The company's fifty day simple moving average is $15.37 and its 200 day simple moving average is $16.48.

Pathfinder Bancorp (NASDAQ:PBHC - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The savings and loans company reported $0.41 EPS for the quarter. The business had revenue of $12.61 million for the quarter. Pathfinder Bancorp had a net margin of 4.28% and a return on equity of 3.07%.

Pathfinder Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, April 18th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.71%. The ex-dividend date was Thursday, April 17th. Pathfinder Bancorp's dividend payout ratio (DPR) is 59.70%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Northern Trust Corp bought a new position in Pathfinder Bancorp during the fourth quarter valued at approximately $229,000. FNY Investment Advisers LLC bought a new position in shares of Pathfinder Bancorp in the first quarter worth approximately $256,000. Clark Capital Management Group Inc. bought a new position in shares of Pathfinder Bancorp in the first quarter worth approximately $280,000. Dimensional Fund Advisors LP grew its holdings in shares of Pathfinder Bancorp by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 19,640 shares of the savings and loans company's stock worth $335,000 after purchasing an additional 1,032 shares during the last quarter. Finally, Fourthstone LLC grew its holdings in shares of Pathfinder Bancorp by 10.8% in the fourth quarter. Fourthstone LLC now owns 88,300 shares of the savings and loans company's stock worth $1,545,000 after purchasing an additional 8,579 shares during the last quarter. 26.73% of the stock is currently owned by institutional investors.

Pathfinder Bancorp Company Profile

(Get Free Report)

Pathfinder Bancorp, Inc operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.

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