Pathfinder Bancorp (NASDAQ:PBHC) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $16.92 and traded as low as $16.72. Pathfinder Bancorp shares last traded at $16.73, with a volume of 1,320 shares.

Pathfinder Bancorp Stock Up 1.0 %

The firm has a market cap of $78.56 million, a price-to-earnings ratio of 27.74 and a beta of 0.23. The firm has a fifty day moving average price of $16.88 and a 200-day moving average price of $16.92. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.33.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings results on Friday, January 31st. The savings and loans company reported $0.69 EPS for the quarter. Pathfinder Bancorp had a return on equity of 3.07% and a net margin of 4.28%.

Insiders Place Their Bets

In other news, SVP William D. O’brien sold 2,353 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $17.14, for a total value of $40,330.42. Following the completion of the sale, the senior vice president now owns 14,865 shares of the company’s stock, valued at $254,786.10. This represents a 13.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ronald Tascarella sold 5,000 shares of Pathfinder Bancorp stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $17.00, for a total transaction of $85,000.00. Following the transaction, the insider now owns 48,609 shares in the company, valued at $826,353. The trade was a 9.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,556 shares of company stock valued at $128,803 over the last quarter. Company insiders own 22.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PBHC. Northern Trust Corp acquired a new stake in Pathfinder Bancorp in the fourth quarter valued at approximately $229,000. Dimensional Fund Advisors LP grew its holdings in Pathfinder Bancorp by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 19,640 shares of the savings and loans company’s stock valued at $335,000 after purchasing an additional 1,032 shares in the last quarter. Inspire Investing LLC increased its stake in Pathfinder Bancorp by 16.7% during the 4th quarter. Inspire Investing LLC now owns 58,960 shares of the savings and loans company’s stock worth $1,006,000 after buying an additional 8,436 shares during the period. Fourthstone LLC boosted its position in Pathfinder Bancorp by 69.2% in the 3rd quarter. Fourthstone LLC now owns 79,721 shares of the savings and loans company’s stock valued at $1,262,000 after buying an additional 32,604 shares during the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of Pathfinder Bancorp by 0.9% during the fourth quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company’s stock valued at $5,049,000 after acquiring an additional 2,707 shares in the last quarter. 26.73% of the stock is owned by hedge funds and other institutional investors.

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.