Pioneer Bancorp, Inc. (NASDAQ:PBFS) Shares Purchased by M3F Inc.

M3F Inc. lifted its holdings in shares of Pioneer Bancorp, Inc. (NASDAQ:PBFS) by 0.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,319,023 shares of the company’s stock after acquiring an additional 2,430 shares during the period. Pioneer Bancorp makes up 7.7% of M3F Inc.’s holdings, making the stock its 3rd biggest holding. M3F Inc. owned 8.93% of Pioneer Bancorp worth $26,715,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Wells Fargo & Company MN raised its stake in shares of Pioneer Bancorp by 23.5% in the fourth quarter. Wells Fargo & Company MN now owns 7,836 shares of the company’s stock worth $90,000 after purchasing an additional 1,490 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Pioneer Bancorp by 188.4% during the third quarter. JPMorgan Chase & Co. now owns 15,120 shares of the company’s stock worth $166,000 after buying an additional 9,877 shares in the last quarter. Barclays PLC raised its position in Pioneer Bancorp by 370.0% in the 3rd quarter. Barclays PLC now owns 18,757 shares of the company’s stock valued at $206,000 after buying an additional 14,766 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in Pioneer Bancorp during the 4th quarter valued at $238,000. Finally, Martingale Asset Management L P purchased a new position in Pioneer Bancorp during the 4th quarter worth $354,000.

Pioneer Bancorp Stock Performance

Shares of PBFS stock opened at $11.26 on Friday. Pioneer Bancorp, Inc. has a 52-week low of $8.76 and a 52-week high of $12.20. The company has a 50-day simple moving average of $11.65 and a two-hundred day simple moving average of $11.48. The company has a market capitalization of $291.10 million, a price-to-earnings ratio of 15.42 and a beta of 0.28.

Pioneer Bancorp (NASDAQ:PBFS) last issued its quarterly earnings results on Thursday, January 30th. The company reported $0.13 earnings per share for the quarter. Pioneer Bancorp had a net margin of 16.26% and a return on equity of 6.16%.

Pioneer Bancorp Company 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.