Empowered Funds LLC Acquires 2,814 Shares of Pioneer Bancorp, Inc. (NASDAQ:PBFS)

Empowered Funds LLC grew its holdings in shares of Pioneer Bancorp, Inc. (NASDAQ:PBFS) by 5.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,385 shares of the company’s stock after buying an additional 2,814 shares during the period. Empowered Funds LLC owned 0.22% of Pioneer Bancorp worth $630,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of New York Mellon Corp increased its position in Pioneer Bancorp by 3.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 33,172 shares of the company’s stock valued at $332,000 after purchasing an additional 1,171 shares during the period. Vanguard Group Inc. increased its position in shares of Pioneer Bancorp by 0.6% during the first quarter. Vanguard Group Inc. now owns 683,693 shares of the company’s stock valued at $6,707,000 after buying an additional 4,027 shares during the period. Farther Finance Advisors LLC raised its stake in Pioneer Bancorp by 500.0% in the third quarter. Farther Finance Advisors LLC now owns 6,000 shares of the company’s stock worth $66,000 after buying an additional 5,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Pioneer Bancorp by 13.6% in the second quarter. Dimensional Fund Advisors LP now owns 130,945 shares of the company’s stock worth $1,311,000 after buying an additional 15,667 shares during the period. Finally, First Pacific Advisors LP boosted its position in Pioneer Bancorp by 217.3% during the 2nd quarter. First Pacific Advisors LP now owns 166,974 shares of the company’s stock valued at $1,671,000 after acquiring an additional 114,346 shares in the last quarter.

Pioneer Bancorp Stock Performance

PBFS stock opened at $11.80 on Friday. The company has a market capitalization of $306.49 million, a price-to-earnings ratio of 16.16 and a beta of 0.49. The business’s 50 day moving average price is $11.19 and its two-hundred day moving average price is $10.69. Pioneer Bancorp, Inc. has a fifty-two week low of $7.97 and a fifty-two week high of $11.97.

Pioneer Bancorp (NASDAQ:PBFS) last posted its quarterly earnings data on Wednesday, September 25th. The company reported $0.16 earnings per share (EPS) for the quarter. Pioneer Bancorp had a return on equity of 6.19% and a net margin of 16.59%. The business had revenue of $20.89 million during the quarter.

Pioneer Bancorp Profile

Pioneer Bancorp, Inc operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York. The company accepts various deposit products, such as demand, savings, and money market accounts, as well as certificates of deposit accounts. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage lending, consumer loans, and home equity lines of credit.