Pathfinder Bancorp (NASDAQ:PBHC) Shares Pass Below 200 Day Moving Average - What's Next?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $16.37 and traded as low as $15.30. Pathfinder Bancorp shares last traded at $15.38, with a volume of 7,689 shares trading hands.

Pathfinder Bancorp Price Performance

The firm has a 50 day moving average of $15.24 and a 200-day moving average of $16.37. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.33. The company has a market cap of $72.65 million, a P/E ratio of 25.43 and a beta of 0.15.

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

Pathfinder Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, April 18th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $0.40 annualized dividend and a yield of 2.62%. Pathfinder Bancorp's payout ratio is 59.70%.

Institutional Trading of Pathfinder Bancorp

Hedge funds have recently bought and sold shares of the stock. Northern Trust Corp bought a new stake in shares of Pathfinder Bancorp in the fourth quarter worth about $229,000. FNY Investment Advisers LLC purchased a new position in Pathfinder Bancorp during the 1st quarter valued at approximately $256,000. Clark Capital Management Group Inc. purchased a new position in Pathfinder Bancorp during the 1st quarter valued at approximately $280,000. Dimensional Fund Advisors LP increased its stake in Pathfinder Bancorp by 5.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 19,640 shares of the savings and loans company's stock worth $335,000 after acquiring an additional 1,032 shares during the last quarter. Finally, Fourthstone LLC raised its holdings in shares of Pathfinder Bancorp by 10.8% during the 4th quarter. Fourthstone LLC now owns 88,300 shares of the savings and loans company's stock worth $1,545,000 after acquiring an additional 8,579 shares in the last quarter. Hedge funds and other institutional investors own 26.73% of the company's stock.

Pathfinder Bancorp Company Profile

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.