Pathfinder Bancorp (NASDAQ:PBHC) Shares Cross Below Two Hundred Day Moving Average of $13.08

Shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.08 and traded as low as $12.16. Pathfinder Bancorp shares last traded at $13.00, with a volume of 2,744 shares.

Wall Street Analysts Forecast Growth

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

Pathfinder Bancorp Price Performance

The company has a quick ratio of 0.76, a current ratio of 0.74 and a debt-to-equity ratio of 0.42. The stock has a market cap of $58.43 million, a price-to-earnings ratio of 8.20 and a beta of 0.14. The stock has a fifty day moving average of $12.45 and a two-hundred day moving average of $13.08.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its earnings results on Thursday, February 1st. The savings and loans company reported $0.41 earnings per share 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.

Insider Activity

In related news, SVP Robert G. Jr. Butkowski acquired 3,500 shares of Pathfinder Bancorp stock in a transaction dated Thursday, March 7th. The shares were acquired at an average cost of $11.95 per share, for a total transaction of $41,825.00. Following the completion of the transaction, the senior vice president now directly owns 14,291 shares of the company’s stock, valued at $170,777.45. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have purchased 6,200 shares of company stock worth $73,504 over the last three months. 24.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Pathfinder Bancorp

Hedge funds have recently added to or reduced their stakes in the business. Alliancebernstein L.P. boosted its stake in Pathfinder Bancorp by 32.9% in the 2nd quarter. Alliancebernstein L.P. now owns 161,871 shares of the savings and loans company’s stock worth $2,256,000 after buying an additional 40,089 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Pathfinder Bancorp by 7.9% in the 3rd quarter. Vanguard Group Inc. now owns 37,290 shares of the savings and loans company’s stock valued at $493,000 after purchasing an additional 2,735 shares in the last quarter. Advisor Group Holdings Inc. lifted its stake in shares of Pathfinder Bancorp by 68.8% in the 4th quarter. Advisor Group Holdings Inc. now owns 18,313 shares of the savings and loans company’s stock valued at $351,000 after purchasing an additional 7,463 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Pathfinder Bancorp by 4.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 16,382 shares of the savings and loans company’s stock valued at $333,000 after purchasing an additional 746 shares in the last quarter. Finally, Northern Trust Corp acquired a new position in shares of Pathfinder Bancorp in the 4th quarter valued at about $167,000. 26.73% of the stock is owned by institutional investors and hedge funds.

About Pathfinder Bancorp

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 accepts various deposits, including checking, savings, and money market deposit accounts, as well as certificates of deposit, and demand and time deposits.