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

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.70 and traded as low as $14.99. Pathfinder Bancorp shares last traded at $15.49, with a volume of 1,433 shares traded.

Pathfinder Bancorp Stock Performance

The firm's 50-day moving average price is $15.70 and its two-hundred day moving average price is $16.63. The firm has a market capitalization of $72.27 million, a PE ratio of 25.30 and a beta of 0.12. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.33.

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

Pathfinder Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, April 18th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date of this dividend was Thursday, April 17th. Pathfinder Bancorp's dividend payout ratio (DPR) is currently 59.70%.

Insider Activity

In other Pathfinder Bancorp news, insider Ronald Tascarella sold 5,000 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $17.00, for a total transaction of $85,000.00. Following the transaction, the insider now owns 48,609 shares of the company's stock, valued at $826,353. The trade was a 9.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 5,203 shares of company stock worth $88,473 in the last 90 days. Corporate insiders own 22.40% of the company's stock.

Institutional Trading of Pathfinder Bancorp

Several large investors have recently made changes to their positions in PBHC. Dimensional Fund Advisors LP lifted its holdings in 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 valued at $335,000 after buying an additional 1,032 shares during the period. Alliancebernstein L.P. lifted its stake in shares of Pathfinder Bancorp by 0.9% during the 4th quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company's stock valued at $5,049,000 after buying an additional 2,707 shares in the last quarter. Inspire Investing LLC increased its holdings in Pathfinder Bancorp by 16.7% during the 4th quarter. Inspire Investing LLC now owns 58,960 shares of the savings and loans company's stock worth $1,006,000 after acquiring an additional 8,436 shares during the period. Fourthstone LLC increased its holdings in 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 during the period. Finally, Clark Capital Management Group Inc. bought a new position in shares of Pathfinder Bancorp during the 1st quarter valued at $280,000. Institutional investors and hedge funds 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.