Pathfinder Bancorp, Inc. (NASDAQ:PBHC – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.83 and traded as low as $13.60. Pathfinder Bancorp shares last traded at $13.60, with a volume of 2,273 shares.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Pathfinder Bancorp in a report on Monday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.
View Our Latest Stock Report on PBHC
Pathfinder Bancorp Stock Performance
Pathfinder Bancorp (NASDAQ:PBHC – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The savings and loans company reported $0.10 EPS for the quarter. Pathfinder Bancorp had a net margin of 9.09% and a return on equity of 6.37%. The business had revenue of $12.99 million for the quarter.
Pathfinder Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Investors of record on Friday, January 16th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, January 16th. Pathfinder Bancorp’s payout ratio is 33.33%.
Hedge Funds Weigh In On Pathfinder Bancorp
Hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in shares of Pathfinder Bancorp in the second quarter worth $52,000. Clark Capital Management Group Inc. acquired a new stake in Pathfinder Bancorp during the first quarter worth about $280,000. Osaic Holdings Inc. increased 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 buying an additional 17,079 shares during the period. Fourthstone LLC acquired a new position in shares of Pathfinder Bancorp in the 2nd quarter valued at approximately $1,229,000. Finally, Alliancebernstein L.P. raised its position in shares of Pathfinder Bancorp by 26.1% in the 3rd quarter. Alliancebernstein L.P. now owns 446,053 shares of the savings and loans company’s stock valued at $6,992,000 after buying an additional 92,397 shares in the last quarter. Institutional investors own 26.73% of the company’s stock.
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.
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