Pathfinder Bancorp (NASDAQ:PBHC) Share Price Crosses Below 200-Day Moving Average of $12.86

Pathfinder Bancorp, Inc. (NASDAQ:PBHC)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.86 and traded as low as $12.32. Pathfinder Bancorp shares last traded at $12.32, with a volume of 195 shares.

Analysts Set New Price Targets

Separately, TheStreet cut Pathfinder Bancorp from a “b-” rating to a “c+” rating in a research note on Wednesday, February 21st.

Pathfinder Bancorp Stock Performance

The firm has a 50-day moving average of $12.16 and a two-hundred day moving average of $12.86. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $58.15 million, a PE ratio of 8.16 and a beta of 0.15.

Pathfinder Bancorp (NASDAQ:PBHC) last issued its quarterly earnings data on Thursday, February 1st. The savings and loans company reported $0.41 EPS for the quarter. Pathfinder Bancorp had a return on equity of 8.05% and a net margin of 12.76%. The company had revenue of $10.48 million for the quarter.

Pathfinder Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 10th. Shareholders of record on Friday, April 19th will be issued a $0.10 dividend. This is a positive change from Pathfinder Bancorp’s previous quarterly dividend of $0.09. This represents a $0.40 annualized dividend and a yield of 3.25%. The ex-dividend date is Thursday, April 18th. Pathfinder Bancorp’s dividend payout ratio (DPR) is presently 26.49%.

Insider Buying and Selling at Pathfinder Bancorp

In other Pathfinder Bancorp news, SVP Robert G. Jr. Butkowski acquired 3,500 shares of the company’s stock in a transaction on Thursday, March 7th. The shares were bought at an average cost of $11.95 per share, with a total value of $41,825.00. Following the completion of the acquisition, the senior vice president now owns 14,291 shares in the company, valued at $170,777.45. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders have acquired 6,200 shares of company stock valued at $73,504. Company insiders own 24.00% 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.