Strs Ohio Boosts Stock Position in PCSB Financial Co. (NASDAQ:PCSB)

Strs Ohio lifted its position in PCSB Financial Co. (NASDAQ:PCSB – Get Rating) by 3.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,600 shares of the company’s stock after buying an additional 1,200 shares during the quarter. Strs Ohio owned approximately 0.21% of PCSB Financial worth $566,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PCSB. Charles Schwab Investment Management Inc. increased its holdings in PCSB Financial by 2.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 34,278 shares of the company’s stock worth $656,000 after purchasing an additional 708 shares during the period. BNP Paribas Arbitrage SA increased its holdings in PCSB Financial by 34.0% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,965 shares of the company’s stock worth $57,000 after purchasing an additional 753 shares during the period. UBS Group AG increased its holdings in PCSB Financial by 16.8% during the 2nd quarter. UBS Group AG now owns 5,840 shares of the company’s stock worth $111,000 after purchasing an additional 840 shares during the period. Amalgamated Bank purchased a new stake in PCSB Financial during the 1st quarter worth about $30,000. Finally, MetLife Investment Management LLC increased its holdings in PCSB Financial by 58.6% during the 1st quarter. MetLife Investment Management LLC now owns 7,293 shares of the company’s stock worth $139,000 after purchasing an additional 2,695 shares during the period. Hedge funds and other institutional investors own 49.40% of the company’s stock.

Analysts Set New Price Targets

Separately, Compass Point upped their price target on PCSB Financial to $25.00 in a report on Tuesday, November 1st.

PCSB Financial Price Performance

Shares of NASDAQ PCSB opened at $19.04 on Thursday. The stock’s 50-day moving average is $19.44 and its two-hundred day moving average is $19.15. The company has a market cap of $291.96 million, a price-to-earnings ratio of 17.00 and a beta of 0.58. PCSB Financial Co. has a 1-year low of $17.89 and a 1-year high of $20.09. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.88 and a quick ratio of 0.88.

PCSB Financial (NASDAQ:PCSB – Get Rating) last released its quarterly earnings data on Thursday, October 27th. The company reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $15.65 million during the quarter. PCSB Financial had a return on equity of 5.61% and a net margin of 24.60%.

PCSB Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 25th. Stockholders of record on Thursday, November 10th were given a dividend of $0.07 per share. The ex-dividend date was Wednesday, November 9th. This represents a $0.28 annualized dividend and a dividend yield of 1.47%. PCSB Financial’s dividend payout ratio is currently 25.00%.

PCSB Financial Profile

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PCSB Financial Corporation operates as the bank holding company for PCSB Bank that provides financial services to individuals and businesses in Putnam, Southern Dutchess, Rockland, and Westchester Counties in New York. The company offers deposit products, including interest and non-interest bearing, time, and demand; checking, NOW, money market, savings, certificate of deposit, and individual retirement accounts; and online and mobile deposit services, as well as cash management services comprising escrow, sweep, and lockbox accounts.