Nuveen LLC Purchases New Shares in Pioneer Bancorp, Inc. $PBFS

Nuveen LLC purchased a new stake in Pioneer Bancorp, Inc. (NASDAQ:PBFS) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 13,460 shares of the company’s stock, valued at approximately $158,000. Nuveen LLC owned 0.05% of Pioneer Bancorp at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Millennium Management LLC raised its holdings in Pioneer Bancorp by 38.9% in the 4th quarter. Millennium Management LLC now owns 34,367 shares of the company’s stock valued at $396,000 after acquiring an additional 9,624 shares in the last quarter. Bridgeway Capital Management LLC grew its position in shares of Pioneer Bancorp by 1.8% in the 4th quarter. Bridgeway Capital Management LLC now owns 158,364 shares of the company’s stock valued at $1,824,000 after buying an additional 2,779 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Pioneer Bancorp by 25.4% during the 4th quarter. Bank of America Corp DE now owns 14,564 shares of the company’s stock valued at $168,000 after purchasing an additional 2,950 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in shares of Pioneer Bancorp during the 4th quarter valued at about $211,000. Finally, Northern Trust Corp raised its stake in Pioneer Bancorp by 0.9% during the 4th quarter. Northern Trust Corp now owns 90,362 shares of the company’s stock worth $1,041,000 after buying an additional 850 shares during the period.

Pioneer Bancorp Stock Up 0.2%

Shares of Pioneer Bancorp stock opened at $13.23 on Friday. The company has a market cap of $334.72 million, a PE ratio of 15.21 and a beta of 0.42. The business has a 50 day moving average price of $12.55 and a 200-day moving average price of $11.92. Pioneer Bancorp, Inc. has a 52 week low of $10.60 and a 52 week high of $13.41.

Pioneer Bancorp (NASDAQ:PBFS) last issued its quarterly earnings results on Friday, August 8th. The company reported $0.26 EPS for the quarter. Pioneer Bancorp had a return on equity of 7.07% and a net margin of 18.33%.The company had revenue of $24.41 million during the quarter.

About Pioneer Bancorp

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.