Pathfinder Bancorp (NASDAQ:PBHC) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• Pathfinder Bancorp's stock price has fallen below its 200-day moving average of $15.83, trading at $14.99 with a trading volume of 4,690 shares.
• The company has announced a quarterly dividend of $0.10 per share, with a dividend yield of 2.67% and a payout ratio of 59.70%.
• Recent institutional trading activity shows that hedge funds own 26.73% of Pathfinder Bancorp's stock, with notable purchases in the last quarters.

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $15.83 and traded as low as $14.99. Pathfinder Bancorp shares last traded at $14.99, with a volume of 4,690 shares changing hands.

Pathfinder Bancorp Stock Performance

The company's 50-day moving average price is $15.12 and its two-hundred day moving average price is $15.83. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market cap of $71.35 million, a PE ratio of 22.37 and a beta of 0.15.

Pathfinder Bancorp (NASDAQ:PBHC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The savings and loans company reported $0.41 earnings per share for the quarter. The firm had revenue of $12.61 million for the quarter. Pathfinder Bancorp had a net margin of 5.23% and a return on equity of 3.75%.

Pathfinder Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 8th. Stockholders of record on Friday, July 18th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.67%. The ex-dividend date is Friday, July 18th. Pathfinder Bancorp's dividend payout ratio (DPR) is currently 59.70%.

Institutional Trading of Pathfinder Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the stock. Northern Trust Corp purchased a new stake in shares of Pathfinder Bancorp during the 4th quarter valued at $229,000. FNY Investment Advisers LLC purchased a new position in Pathfinder Bancorp in the 1st quarter worth $256,000. Clark Capital Management Group Inc. purchased a new position in Pathfinder Bancorp in the 1st quarter worth $280,000. Dimensional Fund Advisors LP raised its position 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 purchasing an additional 1,032 shares during the period. Finally, Fourthstone LLC raised its position in Pathfinder Bancorp by 10.8% in the 4th 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 period. 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.

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