Pathfinder Bancorp (NASDAQ:PBHC) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.90 and traded as low as $13.86. Pathfinder Bancorp shares last traded at $14.40, with a volume of 3,380 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pathfinder Bancorp in a report on Monday, December 15th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Pathfinder Bancorp Stock Performance

The company has a market capitalization of $67.78 million, a price-to-earnings ratio of 11.79 and a beta of 0.11. The firm has a fifty day simple moving average of $14.71 and a 200 day simple moving average of $14.90. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.72 and a quick ratio of 0.72.

Pathfinder Bancorp (NASDAQ:PBHC) last announced its earnings results on Thursday, October 30th. The savings and loans company reported $0.10 earnings per share (EPS) for the quarter. Pathfinder Bancorp had a return on equity of 6.37% and a net margin of 9.09%.The firm had revenue of $12.99 million for the quarter.

Pathfinder Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Friday, October 17th were given a $0.10 dividend. The ex-dividend date was Friday, October 17th. This represents a $0.40 annualized dividend and a dividend yield of 2.8%. Pathfinder Bancorp’s dividend payout ratio (DPR) is 33.33%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Clark Capital Management Group Inc. purchased a new stake in Pathfinder Bancorp during the 1st quarter worth approximately $280,000. Fourthstone LLC purchased a new position in shares of Pathfinder Bancorp in the second quarter valued at approximately $1,229,000. Alliancebernstein L.P. boosted its stake in shares of 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 acquiring an additional 92,397 shares during the last quarter. Osaic Holdings Inc. increased 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 worth $537,000 after purchasing an additional 17,079 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Pathfinder Bancorp in the 2nd quarter valued at $52,000. Institutional investors and hedge funds own 26.73% of the company’s stock.

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.