Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Insider Sells $85,000.00 in Stock

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) insider Ronald Tascarella sold 5,000 shares of the 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Pathfinder Bancorp Stock Down 0.7 %

Shares of NASDAQ:PBHC traded down $0.12 during trading hours on Monday, hitting $17.13. The company’s stock had a trading volume of 971 shares, compared to its average volume of 6,138. The firm’s fifty day moving average price is $16.95 and its 200 day moving average price is $16.77. Pathfinder Bancorp, Inc. has a 52 week low of $11.41 and a 52 week high of $19.86. The company has a market capitalization of $80.85 million, a price-to-earnings ratio of 28.78 and a beta of 0.22. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.74 and a quick ratio of 0.74.

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

Pathfinder Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, January 17th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, January 17th. This represents a $0.40 annualized dividend and a yield of 2.34%. Pathfinder Bancorp’s dividend payout ratio (DPR) is presently 66.67%.

Institutional Trading of Pathfinder Bancorp

Institutional investors have recently modified their holdings of the company. Fourthstone LLC boosted its position in shares of Pathfinder Bancorp by 69.2% in the 3rd quarter. Fourthstone LLC now owns 79,721 shares of the savings and loans company’s stock worth $1,262,000 after purchasing an additional 32,604 shares in the last quarter. Inspire Investing LLC raised its stake in Pathfinder Bancorp by 16.7% in 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. Alliancebernstein L.P. boosted its holdings in Pathfinder Bancorp by 0.9% in the fourth quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company’s stock worth $5,049,000 after acquiring an additional 2,707 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Pathfinder Bancorp by 5.5% during the fourth 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 during the last quarter. Finally, Northern Trust Corp acquired a new position in shares of Pathfinder Bancorp during the fourth quarter valued at about $229,000. 26.73% of the stock is currently owned by institutional investors.

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.