Pathfinder Bancorp (NASDAQ:PBHC) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $14.78 and traded as low as $14.03. Pathfinder Bancorp shares last traded at $14.24, with a volume of 585 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Pathfinder Bancorp in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

Pathfinder Bancorp Price Performance

The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.15. The company has a 50 day moving average of $14.35 and a 200-day moving average of $14.78. The firm has a market capitalization of $68.27 million, a P/E ratio of 11.87 and a beta of 0.11.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings data on Thursday, October 30th. The savings and loans company reported $0.10 earnings per share for the quarter. Pathfinder Bancorp had a return on equity of 6.37% and a net margin of 9.09%.The firm had revenue of $12.99 million for the quarter.

Pathfinder Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 6th. Shareholders of record on Friday, January 16th will be paid a $0.10 dividend. The ex-dividend date is Friday, January 16th. This represents a $0.40 annualized dividend and a yield of 2.8%. Pathfinder Bancorp’s payout ratio is 33.33%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in PBHC. Fourthstone LLC acquired a new stake in shares of Pathfinder Bancorp in the second quarter valued at approximately $1,229,000. Alliancebernstein L.P. increased its stake in Pathfinder Bancorp by 26.1% during the 3rd quarter. Alliancebernstein L.P. now owns 446,053 shares of the savings and loans company’s stock worth $6,992,000 after acquiring an additional 92,397 shares during the period. Osaic Holdings Inc. raised its holdings in Pathfinder Bancorp by 102.1% in the 2nd quarter. Osaic Holdings Inc. now owns 33,803 shares of the savings and loans company’s stock valued at $537,000 after acquiring an additional 17,079 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Pathfinder Bancorp during the 2nd quarter valued at $52,000. 26.73% of the stock is owned by institutional investors.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc is a bank holding company headquartered in northeastern Pennsylvania that operates primarily through its subsidiary, Pathfinder Bank. The company offers a broad range of commercial and consumer banking solutions, including checking and savings accounts, time deposits, certificates of deposit, and retirement accounts. Through its branch network, Pathfinder Bancorp serves individuals, small businesses, and community organizations across its local market.

In addition to traditional deposit products, Pathfinder Bancorp provides a variety of lending services such as commercial real estate loans, construction and land development financing, agricultural credits, equipment loans, and consumer installment loans.