Pathfinder Bancorp (NASDAQ:PBHC) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.03 and traded as low as $14.80. Pathfinder Bancorp shares last traded at $14.9060, with a volume of 302 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Pathfinder Bancorp from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Pathfinder Bancorp has an average rating of “Hold”.

Pathfinder Bancorp Price Performance

The stock has a market cap of $69.14 million, a P/E ratio of 41.26 and a beta of 0.19. The business has a 50 day simple moving average of $15.15 and a 200-day simple moving average of $15.03. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.71 and a current ratio of 0.71.

Pathfinder Bancorp (NASDAQ:PBHC) last issued its quarterly earnings results on Thursday, October 30th. The savings and loans company reported $0.10 earnings per share for the quarter. The company had revenue of $12.99 million for the quarter. Pathfinder Bancorp had a net margin of 2.98% and a return on equity of 2.15%.

Pathfinder Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Friday, October 17th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, October 17th. Pathfinder Bancorp’s dividend payout ratio is currently 33.33%.

Hedge Funds Weigh In On Pathfinder Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of PBHC. Raymond James Financial Inc. bought a new stake in shares of Pathfinder Bancorp in the second quarter valued at $52,000. Clark Capital Management Group Inc. purchased a new stake in Pathfinder Bancorp in the 1st quarter worth about $280,000. Osaic Holdings Inc. lifted its holdings in Pathfinder Bancorp by 102.1% during the second 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. Fourthstone LLC bought a new position in Pathfinder Bancorp during the second quarter worth about $1,229,000. Finally, Alliancebernstein L.P. increased its stake in shares of Pathfinder Bancorp by 26.1% in the third quarter. Alliancebernstein L.P. now owns 446,053 shares of the savings and loans company’s stock worth $6,992,000 after purchasing an additional 92,397 shares in the last quarter. 26.73% of the stock is owned by institutional investors.

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.