Pathfinder Bancorp (NASDAQ:PBHC) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.22 and traded as low as $16.07. Pathfinder Bancorp shares last traded at $16.45, with a volume of 94,708 shares changing hands.

Pathfinder Bancorp Stock Performance

The company has a market cap of $77.64 million, a P/E ratio of 51.41 and a beta of 0.22. The company has a 50 day moving average price of $17.45 and a 200-day moving average price of $16.22. 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 data on Wednesday, October 30th. The savings and loans company reported ($0.75) earnings per share for the quarter. The company had revenue of $13.44 million during the quarter. Pathfinder Bancorp had a return on equity of 1.65% and a net margin of 2.42%.

Pathfinder Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 17th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.43%. Pathfinder Bancorp’s dividend payout ratio is presently 125.00%.

Insider Buying and Selling

In related news, Director Eric Allyn sold 8,169 shares of Pathfinder Bancorp stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $16.80, for a total transaction of $137,239.20. Following the transaction, the director now directly owns 6,124 shares of the company’s stock, valued at $102,883.20. The trade was a 57.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 22.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Pathfinder Bancorp

Several large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its stake in shares of Pathfinder Bancorp by 11.6% during the 2nd 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 in the last quarter. Inspire Investing LLC purchased a new stake in shares of Pathfinder Bancorp in the 3rd quarter valued at approximately $807,000. Finally, Fourthstone LLC lifted its holdings in shares of 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 purchasing an additional 32,604 shares in the last quarter. Institutional investors own 26.73% of the company’s stock.

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.