Pathfinder Bancorp, Inc. (NASDAQ:PBHC – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.35 and traded as low as $13.64. Pathfinder Bancorp shares last traded at $13.64, with a volume of 1,223 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings cut Pathfinder Bancorp from a “hold (c)” rating to a “sell (d)” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Pathfinder Bancorp presently has a consensus rating of “Sell”.
Read Our Latest Report on Pathfinder Bancorp
Pathfinder Bancorp Price Performance
Pathfinder Bancorp (NASDAQ:PBHC – Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The savings and loans company reported ($1.11) earnings per share (EPS) for the quarter. Pathfinder Bancorp had a negative net margin of 4.16% and a negative return on equity of 2.73%. The company had revenue of $12.21 million for the quarter.
Insider Buying and Selling at Pathfinder Bancorp
In related news, Director Adam C. Gagas acquired 1,950 shares of the stock in a transaction on Friday, February 13th. The stock was acquired at an average cost of $13.75 per share, for a total transaction of $26,812.50. Following the completion of the acquisition, the director directly owned 17,756 shares of the company’s stock, valued at approximately $244,145. This represents a 12.34% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 15.40% of the company’s stock.
Institutional Trading of Pathfinder Bancorp
Large investors have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Pathfinder Bancorp in the 2nd quarter worth approximately $52,000. Osaic Holdings Inc. boosted its position in shares of Pathfinder Bancorp by 102.1% during the second quarter. Osaic Holdings Inc. now owns 33,803 shares of the savings and loans company’s stock valued at $537,000 after purchasing an additional 17,079 shares in the last quarter. Fourthstone LLC bought a new stake in shares of Pathfinder Bancorp during the second quarter valued at approximately $1,229,000. Finally, Alliancebernstein L.P. grew its stake in Pathfinder Bancorp by 26.1% in the third quarter. Alliancebernstein L.P. now owns 446,053 shares of the savings and loans company’s stock worth $6,992,000 after purchasing an additional 92,397 shares during the period. 26.73% of the stock is owned by institutional investors.
Pathfinder Bancorp Company Profile
Pathfinder Bancorp, Inc is a bank holding company headquartered in northeastern Pennsylvania that operates primarily through its subsidiary, Pathfinder Bank. The company offers a broad range of commercial and consumer banking solutions, including checking and savings accounts, time deposits, certificates of deposit, and retirement accounts. Through its branch network, Pathfinder Bancorp serves individuals, small businesses, and community organizations across its local market.
In addition to traditional deposit products, Pathfinder Bancorp provides a variety of lending services such as commercial real estate loans, construction and land development financing, agricultural credits, equipment loans, and consumer installment loans.
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