Pathfinder Bancorp (NASDAQ:PBHC) Stock Price Crosses Above 50 Day Moving Average - What's Next?

Key Points

• Price action: Pathfinder's shares crossed above their 50-day moving average, trading as high as $13.70 and last at $13.7090 versus the 50-day MA of $13.37 on light volume (~1,054 shares).
• Analyst sentiment: Weiss Ratings downgraded the stock to a "sell (d)" and MarketBeat shows an average rating of "Sell" for PBHC.
• Fundamentals & insider activity: The company reported a ($1.11) EPS with negative ROE and net margin, yet announced a $0.10 quarterly dividend (2.9% yield); a director bought 1,950 shares and insiders own about 15.4%.

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report)'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $13.37 and traded as high as $13.70. Pathfinder Bancorp shares last traded at $13.7090, with a volume of 1,054 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Pathfinder Bancorp from a "hold (c)" rating to a "sell (d)" rating in a research note on Monday, February 2nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of "Sell".

Pathfinder Bancorp Stock Up 1.0%

The company has a market capitalization of $66.90 million, a price-to-earnings ratio of -22.85 and a beta of 0.12. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.11. The firm's 50 day moving average price is $13.37 and its two-hundred day moving average price is $14.13.

Pathfinder Bancorp (NASDAQ:PBHC - Get Free Report) last announced its earnings results on Thursday, January 29th. The savings and loans company reported ($1.11) EPS for the quarter. The company had revenue of $12.21 million for the quarter. Pathfinder Bancorp had a negative return on equity of 2.74% and a negative net margin of 4.16%.

Pathfinder Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 17th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, April 17th. This represents a $0.40 annualized dividend and a dividend yield of 2.9%. Pathfinder Bancorp's payout ratio is presently -66.67%.

Insider Activity at Pathfinder Bancorp

In related news, Director Adam C. Gagas bought 1,950 shares of Pathfinder Bancorp stock in a transaction that occurred on Friday, February 13th. The stock was acquired at an average price of $13.75 per share, with a total value of $26,812.50. Following the acquisition, the director owned 17,756 shares of the company's stock, valued at approximately $244,145. This represents a 12.34% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 15.40% of the company's stock.

Institutional Trading of Pathfinder Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. bought a new stake in shares of Pathfinder Bancorp during the 2nd quarter worth about $52,000. Osaic Holdings Inc. boosted its holdings in shares of Pathfinder Bancorp by 102.1% during the 2nd quarter. Osaic Holdings Inc. now owns 33,803 shares of the savings and loans company's stock worth $537,000 after buying an additional 17,079 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in shares of Pathfinder Bancorp by 26.1% during the 3rd quarter. Alliancebernstein L.P. now owns 446,053 shares of the savings and loans company's stock worth $6,992,000 after buying an additional 92,397 shares during the period. Institutional investors own 26.73% of the company's stock.

About Pathfinder Bancorp

Pathfinder Bancorp, Inc is a bank holding company headquartered in northeastern Pennsylvania that operates primarily through its subsidiary, Pathfinder Bank. The company offers a broad range of commercial and consumer banking solutions, including checking and savings accounts, time deposits, certificates of deposit, and retirement accounts. Through its branch network, Pathfinder Bancorp serves individuals, small businesses, and community organizations across its local market.

In addition to traditional deposit products, Pathfinder Bancorp provides a variety of lending services such as commercial real estate loans, construction and land development financing, agricultural credits, equipment loans, and consumer installment loans.

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