Pathfinder Bancorp (NASDAQ:PBHC) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.92 and traded as low as $15.20. Pathfinder Bancorp shares last traded at $15.84, with a volume of 1,109 shares traded.

Pathfinder Bancorp Stock Performance

The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.33. The stock has a market cap of $75.46 million, a price-to-earnings ratio of 26.40 and a beta of 0.03. The firm has a fifty day simple moving average of $16.78 and a 200-day simple moving average of $16.92.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings data on Friday, January 31st. The savings and loans company reported $0.69 earnings per share for the quarter. Pathfinder Bancorp had a return on equity of 3.07% and a net margin of 4.28%.

Pathfinder Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 18th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, April 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.53%. Pathfinder Bancorp’s dividend payout ratio (DPR) is currently 66.67%.

Insider Buying and Selling

In other Pathfinder Bancorp news, insider Ronald Tascarella sold 5,000 shares of Pathfinder Bancorp stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $17.00, for a total transaction of $85,000.00. Following the completion of the transaction, the insider now owns 48,609 shares in the company, valued at approximately $826,353. The trade was a 9.33 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP William D. O’brien sold 2,353 shares of Pathfinder Bancorp stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $17.14, for a total value of $40,330.42. Following the sale, the senior vice president now owns 14,865 shares in the company, valued at $254,786.10. This trade represents a 13.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,556 shares of company stock worth $128,803. Company insiders own 22.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Northern Trust Corp bought a new position in shares of Pathfinder Bancorp during the 4th quarter valued at about $229,000. Dimensional Fund Advisors LP increased its holdings in Pathfinder Bancorp by 5.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 19,640 shares of the savings and loans company’s stock worth $335,000 after acquiring an additional 1,032 shares in the last quarter. Inspire Investing LLC raised its position in shares of Pathfinder Bancorp by 16.7% during the fourth quarter. Inspire Investing LLC now owns 58,960 shares of the savings and loans company’s stock valued at $1,006,000 after buying an additional 8,436 shares during the last quarter. Fourthstone LLC boosted its position in shares of Pathfinder Bancorp by 10.8% during the 4th quarter. Fourthstone LLC now owns 88,300 shares of the savings and loans company’s stock valued at $1,545,000 after acquiring an additional 8,579 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Pathfinder Bancorp by 0.9% in the 4th quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company’s stock valued at $5,049,000 after purchasing an additional 2,707 shares during the last quarter. Hedge funds and other institutional investors own 26.73% of the company’s stock.

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.