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

Pathfinder Bancorp, Inc. (NASDAQ:PBHC)’s stock price crossed 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 Performance

The firm’s fifty day moving average is $16.86 and its 200-day moving average is $16.92. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $78.97 million, a PE ratio of 27.88 and a beta of 0.23.

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

Insider Buying and Selling

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

Institutional Investors Weigh In On Pathfinder Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the business. 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 purchasing an additional 32,604 shares in the last quarter. Northern Trust Corp purchased a new stake in shares of Pathfinder Bancorp during the 4th quarter worth approximately $229,000. Inspire Investing LLC grew its position in shares of Pathfinder Bancorp by 16.7% in the 4th quarter. Inspire Investing LLC now owns 58,960 shares of the savings and loans company’s stock valued at $1,006,000 after buying an additional 8,436 shares during the last quarter. Alliancebernstein L.P. grew its position in shares of Pathfinder Bancorp by 0.9% in the 4th quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company’s stock valued at $5,049,000 after buying an additional 2,707 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake 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 worth $335,000 after acquiring an additional 1,032 shares in the last quarter. Institutional investors and hedge funds own 26.73% of the company’s stock.

Pathfinder Bancorp Company Profile

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.