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

Key Points

• Shares of Pathfinder Bancorp (NASDAQ:PBHC) fell below its 200-day moving average, trading as low as $14.10, with the last recorded price at $14.36.
• The company recently announced a quarterly dividend of $0.10 per share, demonstrating a dividend yield of 2.8% and a payout ratio of 114.29%.
• Institutional investors have been active in the stock, with several firms increasing their stakes, indicating growing interest in Pathfinder Bancorp.

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.78 and traded as low as $14.10. Pathfinder Bancorp shares last traded at $14.36, with a volume of 6,109 shares trading hands.

Pathfinder Bancorp Stock Up 0.1%

The business has a fifty day moving average of $14.99 and a 200 day moving average of $15.74. The company has a market capitalization of $68.69 million, a PE ratio of 41.23 and a beta of 0.16. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.14.

Pathfinder Bancorp Announces Dividend

The company 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 $0.10 dividend. The ex-dividend date of this dividend is Friday, July 18th. This represents a $0.40 annualized dividend and a yield of 2.8%. Pathfinder Bancorp's dividend payout ratio is 114.29%.

Institutional Trading of Pathfinder Bancorp

Large investors have recently made changes to their positions in the stock. Northern Trust Corp bought a new stake in shares of Pathfinder Bancorp in the 4th quarter worth $229,000. FNY Investment Advisers LLC bought a new stake in shares of Pathfinder Bancorp during the 1st quarter worth about $256,000. Clark Capital Management Group Inc. acquired a new position in shares of Pathfinder Bancorp during the 1st quarter worth about $280,000. Dimensional Fund Advisors LP raised its holdings 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 valued at $335,000 after acquiring an additional 1,032 shares in the last quarter. Finally, Fourthstone LLC raised its holdings in shares of 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 buying an additional 8,579 shares in the last quarter. 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.