Pathfinder Bancorp (NASDAQ:PBHC) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $15.22 and traded as high as $16.64. Pathfinder Bancorp shares last traded at $15.97, with a volume of 10,780 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Pathfinder Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Pathfinder Bancorp currently has an average rating of “Sell”.

Pathfinder Bancorp Trading Up 0.5%

The company has a quick ratio of 0.73, a current ratio of 0.74 and a debt-to-equity ratio of 0.10. The firm has a market cap of $78.25 million, a price-to-earnings ratio of -25.47 and a beta of 0.14. The business’s fifty day moving average is $15.27 and its two-hundred day moving average is $14.18.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings data on Wednesday, April 29th. The savings and loans company reported $0.38 earnings per share (EPS) for the quarter. The firm had revenue of $11.49 million for the quarter. Pathfinder Bancorp had a negative return on equity of 3.20% and a negative net margin of 4.96%.

Pathfinder Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 17th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, July 17th. Pathfinder Bancorp’s dividend payout ratio is -63.49%.

Hedge Funds Weigh In On Pathfinder Bancorp

Hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in Pathfinder Bancorp during the 2nd quarter worth about $52,000. Osaic Holdings Inc. boosted its stake in shares of 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 purchasing an additional 17,079 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Pathfinder Bancorp by 26.1% during the 3rd quarter. Alliancebernstein L.P. now owns 446,053 shares of the savings and loans company’s stock worth $6,992,000 after buying an additional 92,397 shares during the period. 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.