Royce & Associates LP boosted its holdings in PCSB Financial Corp (NASDAQ:PCSB) by 17.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 124,000 shares of the company’s stock after acquiring an additional 18,000 shares during the quarter. Royce & Associates LP owned 0.68% of PCSB Financial worth $2,339,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in PCSB. Russell Investments Group Ltd. bought a new position in PCSB Financial in the 2nd quarter valued at about $3,994,000. Schwab Charles Investment Management Inc. bought a new position in shares of PCSB Financial during the 2nd quarter worth approximately $485,000. Rhumbline Advisers bought a new position in shares of PCSB Financial during the 2nd quarter worth approximately $338,000. Bank of New York Mellon Corp bought a new position in shares of PCSB Financial during the 2nd quarter worth approximately $1,117,000. Finally, Teton Advisors Inc. bought a new position in shares of PCSB Financial during the 2nd quarter worth approximately $247,000. 40.22% of the stock is currently owned by institutional investors and hedge funds.

PCSB Financial Corp (NASDAQ PCSB) opened at $19.59 on Thursday. PCSB Financial Corp has a 1 year low of $15.76 and a 1 year high of $20.47. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81.

PCSB Financial (NASDAQ:PCSB) last posted its earnings results on Thursday, October 26th. The company reported $0.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.02. PCSB Financial had a net margin of 7.60% and a return on equity of 3.45%. The firm had revenue of $10.59 million for the quarter.

In other news, SVP Clifford S. Weber bought 11,650 shares of the company’s stock in a transaction on Friday, December 1st. The shares were purchased at an average price of $19.83 per share, with a total value of $231,019.50. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 1.60% of the stock is owned by company insiders.

Separately, BidaskClub raised shares of PCSB Financial from a “hold” rating to a “buy” rating in a research report on Thursday, December 7th.

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PCSB Financial Company Profile

PCSB Financial Corporation will be the holding company of PCSB Bank (the Bank). The Bank is a mutual savings bank. The Bank attracts deposits from the general public and utilizes those funds primarily to originate and purchase residential real estate, commercial real estate and business loans, and to purchase investment securities.

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Institutional Ownership by Quarter for PCSB Financial (NASDAQ:PCSB)

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