Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Director Sells $137,239.20 in Stock

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Director Eric Allyn sold 8,169 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $16.80, for a total value of $137,239.20. Following the transaction, the director now owns 6,124 shares in the company, valued at $102,883.20. The trade was a 57.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Pathfinder Bancorp Stock Up 1.8 %

Pathfinder Bancorp stock opened at $17.77 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $83.87 million, a PE ratio of 55.53 and a beta of 0.23. The firm’s fifty day moving average is $17.19 and its 200 day moving average is $15.55. Pathfinder Bancorp, Inc. has a 12-month low of $11.41 and a 12-month high of $19.86.

Pathfinder Bancorp (NASDAQ:PBHC) last announced its quarterly earnings data on Wednesday, October 30th. The savings and loans company reported ($0.75) earnings per share for the quarter. The company had revenue of $13.44 million for the quarter. Pathfinder Bancorp had a net margin of 2.42% and a return on equity of 1.65%.

Pathfinder Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 8th. Shareholders of record on Friday, October 18th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, October 18th. This represents a $0.40 annualized dividend and a yield of 2.25%. Pathfinder Bancorp’s payout ratio is currently 125.00%.

Institutional Investors Weigh In On Pathfinder Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Pathfinder Bancorp by 11.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 18,604 shares of the savings and loans company’s stock worth $245,000 after purchasing an additional 1,941 shares in the last quarter. Fourthstone LLC raised its holdings in Pathfinder Bancorp by 69.2% during the third quarter. Fourthstone LLC now owns 79,721 shares of the savings and loans company’s stock worth $1,262,000 after buying an additional 32,604 shares during the last quarter. Finally, Inspire Investing LLC bought a new position in shares of Pathfinder Bancorp in the third quarter valued at $807,000. Institutional investors own 26.73% 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.