Pathfinder Bancorp (NASDAQ:PBHC) Shares Climb 0.2% – Should You Buy?

Shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) traded up 0.2% on Tuesday. The company traded as high as $17.00 and last traded at $16.75. Approximately 7,651 shares changed hands during trading, an increase of 272% from the average session volume of 2,058 shares. The stock had previously closed at $16.71.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Pathfinder Bancorp from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, November 4th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Pathfinder Bancorp has an average rating of “Hold”.

Pathfinder Bancorp Trading Up 0.2%

The company’s 50 day simple moving average is $16.90 and its 200-day simple moving average is $15.11. The firm has a market cap of $82.08 million, a P/E ratio of 1,676.68 and a beta of 0.11. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 0.07.

Pathfinder Bancorp (NASDAQ:PBHC) last released its earnings results on Monday, November 2nd. The savings and loans company reported $0.32 EPS for the quarter. The firm had revenue of $11.97 million for the quarter. Pathfinder Bancorp had a return on equity of 0.08% and a net margin of 0.13%.

Pathfinder Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 6th. Investors of record on Friday, October 16th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, October 16th. This represents a $0.40 dividend on an annualized basis and a yield of 2.4%. Pathfinder Bancorp’s payout ratio is presently 4,000.00%.

Institutional Trading of Pathfinder Bancorp

A hedge fund recently bought a new stake in Pathfinder Bancorp stock. BlackRock Inc. bought a new position in shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 13,067 shares of the savings and loans company’s stock, valued at approximately $208,000. BlackRock Inc. owned about 0.27% of Pathfinder Bancorp at the end of the most recent quarter. 26.73% of the stock is owned by institutional investors.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc. is a bank holding company headquartered in Oswego, New York. Through its principal subsidiary, Pathfinder Bank, the company provides banking and financial services to individuals, families, businesses and organizations in Central New York. Pathfinder Bank offers deposit accounts, consumer and commercial lending, residential and commercial real estate loans, mortgage products and other traditional banking services. The bank also provides cash management and related financial solutions designed to support small businesses, commercial customers and municipal organizations.