Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Director Eric Allyn Sells 8,169 Shares of Stock

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Director Eric Allyn sold 8,169 shares of Pathfinder Bancorp stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $16.80, for a total value of $137,239.20. Following the completion of the transaction, the director now owns 6,124 shares in the company, valued at approximately $102,883.20. This represents a 57.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Pathfinder Bancorp Trading Up 1.0 %

PBHC opened at $17.45 on Tuesday. The company’s 50 day moving average is $17.15 and its 200-day moving average is $15.51. The company has a market cap of $82.36 million, a P/E ratio of 54.53 and a beta of 0.23. Pathfinder Bancorp, Inc. has a 1-year low of $11.41 and a 1-year high of $19.86. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.33.

Pathfinder Bancorp (NASDAQ:PBHC) last released its quarterly earnings results on Wednesday, October 30th. The savings and loans company reported ($0.75) earnings per share for the quarter. The firm had revenue of $13.44 million for the quarter. Pathfinder Bancorp had a return on equity of 1.65% and a net margin of 2.42%.

Pathfinder Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Friday, October 18th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, October 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.29%. Pathfinder Bancorp’s dividend payout ratio (DPR) is presently 125.00%.

Institutional Trading of Pathfinder Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the stock. Inspire Investing LLC bought a new stake in shares of Pathfinder Bancorp in the 3rd quarter valued at about $807,000. Dimensional Fund Advisors LP lifted its stake in shares of Pathfinder Bancorp by 11.6% in the second quarter. Dimensional Fund Advisors LP now owns 18,604 shares of the savings and loans company’s stock worth $245,000 after acquiring an additional 1,941 shares during the period. Finally, Fourthstone LLC boosted its holdings in Pathfinder Bancorp by 69.2% in the third quarter. Fourthstone LLC now owns 79,721 shares of the savings and loans company’s stock valued at $1,262,000 after acquiring an additional 32,604 shares during the last quarter. 26.73% of the stock is currently owned by institutional investors and hedge funds.

About Pathfinder Bancorp

Pathfinder Bancorp, Inc operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.