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Pathfinder Bancorp (NASDAQ:PBHC) Stock Passes Below 200 Day Moving Average - Time to Sell?

Pathfinder Bancorp logo with Finance background

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.93 and traded as low as $15.10. Pathfinder Bancorp shares last traded at $15.24, with a volume of 10,877 shares.

Pathfinder Bancorp Stock Up 0.5%

The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.14. The business has a 50 day moving average of $15.14 and a 200-day moving average of $15.93. The stock has a market cap of $72.54 million, a PE ratio of 22.75 and a beta of 0.15.

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

Pathfinder Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 8th. Shareholders of record on Friday, July 18th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date is Friday, July 18th. Pathfinder Bancorp's dividend payout ratio (DPR) is currently 59.70%.

Hedge Funds Weigh In On Pathfinder Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the stock. Northern Trust Corp bought a new position in shares of Pathfinder Bancorp in the fourth quarter valued at approximately $229,000. FNY Investment Advisers LLC purchased a new position in Pathfinder Bancorp during the 1st quarter valued at about $256,000. Clark Capital Management Group Inc. purchased a new position in Pathfinder Bancorp during the 1st quarter valued at $280,000. Dimensional Fund Advisors LP raised 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 worth $335,000 after purchasing an additional 1,032 shares in the last quarter. Finally, Fourthstone LLC increased its position 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 valued at $1,545,000 after buying an additional 8,579 shares in the last quarter. 26.73% of the stock is currently owned by institutional investors and hedge funds.

About Pathfinder Bancorp

(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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