Pathfinder Bancorp (NASDAQ:PBHC) Stock Passes Below 200 Day Moving Average - What's Next?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $16.87 and traded as low as $15.23. Pathfinder Bancorp shares last traded at $15.46, with a volume of 1,044 shares changing hands.

Pathfinder Bancorp Stock Down 7.1 %

The company has a market capitalization of $65.27 million, a price-to-earnings ratio of 22.85 and a beta of 0.03. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.33. The firm has a 50 day moving average price of $16.18 and a two-hundred day moving average price of $16.83.

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

Pathfinder Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 18th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $0.40 dividend on an annualized basis and a yield of 2.92%. Pathfinder Bancorp's dividend payout ratio (DPR) is 66.67%.

Insider Transactions at Pathfinder Bancorp

In other news, SVP William D. O'brien sold 2,353 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $17.14, for a total value of $40,330.42. Following the completion of the sale, the senior vice president now directly owns 14,865 shares in the company, valued at approximately $254,786.10. The trade was a 13.67 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ronald Tascarella sold 5,000 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $17.00, for a total value of $85,000.00. Following the sale, the insider now directly owns 48,609 shares in the company, valued at approximately $826,353. This represents a 9.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,556 shares of company stock valued at $128,803. Insiders own 22.40% of the company's stock.

Institutional Trading of Pathfinder Bancorp

Several institutional investors have recently added to or reduced their stakes in PBHC. Dimensional Fund Advisors LP boosted its stake 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 acquiring an additional 1,032 shares during the period. Alliancebernstein L.P. grew its stake in 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 worth $5,049,000 after buying an additional 2,707 shares during the last quarter. Inspire Investing LLC increased its position in Pathfinder Bancorp by 16.7% in the fourth quarter. Inspire Investing LLC now owns 58,960 shares of the savings and loans company's stock worth $1,006,000 after buying an additional 8,436 shares during the period. Fourthstone LLC lifted its stake in Pathfinder Bancorp by 10.8% in the fourth 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 during the last quarter. Finally, Northern Trust Corp bought a new position in shares of Pathfinder Bancorp during the fourth quarter worth about $229,000. Institutional investors own 26.73% of the company's stock.

About Pathfinder Bancorp

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.