Geode Capital Management LLC Increases Stake in Pioneer Bancorp, Inc. (NASDAQ:PBFS)

Geode Capital Management LLC grew its position in Pioneer Bancorp, Inc. (NASDAQ:PBFS) by 12.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 250,178 shares of the company’s stock after buying an additional 27,786 shares during the period. Geode Capital Management LLC owned approximately 0.96% of Pioneer Bancorp worth $2,745,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Barclays PLC increased its position in shares of Pioneer Bancorp by 370.0% during the third quarter. Barclays PLC now owns 18,757 shares of the company’s stock valued at $206,000 after acquiring an additional 14,766 shares in the last quarter. State Street Corp increased its holdings in shares of Pioneer Bancorp by 1.0% in the 3rd quarter. State Street Corp now owns 177,006 shares of the company’s stock worth $1,942,000 after purchasing an additional 1,700 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Pioneer Bancorp by 9.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 32,057 shares of the company’s stock worth $352,000 after purchasing an additional 2,806 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Pioneer Bancorp by 5.2% during the third quarter. Empowered Funds LLC now owns 57,385 shares of the company’s stock valued at $630,000 after purchasing an additional 2,814 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of Pioneer Bancorp by 500.0% during the third quarter. Farther Finance Advisors LLC now owns 6,000 shares of the company’s stock valued at $66,000 after buying an additional 5,000 shares during the last quarter.

Pioneer Bancorp Stock Performance

Shares of NASDAQ:PBFS opened at $11.07 on Wednesday. The firm has a market cap of $287.53 million, a price-to-earnings ratio of 15.16 and a beta of 0.49. The business has a 50-day simple moving average of $11.54 and a two-hundred day simple moving average of $11.10. Pioneer Bancorp, Inc. has a fifty-two week low of $8.76 and a fifty-two week high of $12.00.

Pioneer Bancorp Profile

Pioneer Bancorp, Inc operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York. The company accepts various deposit products, such as demand, savings, and money market accounts, as well as certificates of deposit accounts. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage lending, consumer loans, and home equity lines of credit.