Pathfinder Bancorp, Inc. (NASDAQ:PBHC) SVP Sells $40,330.42 in Stock

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) SVP William D. O’brien sold 2,353 shares of Pathfinder Bancorp stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $17.14, for a total transaction of $40,330.42. Following the completion of the transaction, the senior vice president now owns 14,865 shares in the company, valued at approximately $254,786.10. This trade represents a 13.67 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Pathfinder Bancorp Trading Up 1.5 %

Pathfinder Bancorp stock opened at $17.26 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market cap of $81.44 million, a price-to-earnings ratio of 28.76 and a beta of 0.22. Pathfinder Bancorp, Inc. has a 1 year low of $11.41 and a 1 year high of $19.86. The firm’s 50 day moving average price is $17.00 and its two-hundred day moving average price is $16.69.

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

Pathfinder Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, January 17th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.32%. The ex-dividend date was Friday, January 17th. Pathfinder Bancorp’s payout ratio is 66.67%.

Hedge Funds Weigh In On Pathfinder Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in PBHC. Inspire Investing LLC grew its position in Pathfinder Bancorp by 16.7% during the 4th quarter. Inspire Investing LLC now owns 58,960 shares of the savings and loans company’s stock worth $1,006,000 after purchasing an additional 8,436 shares in the last quarter. Fourthstone LLC grew its position in Pathfinder Bancorp by 69.2% during 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. Finally, Alliancebernstein L.P. grew its position in Pathfinder Bancorp by 0.9% during the 4th quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company’s stock worth $5,049,000 after purchasing an additional 2,707 shares in the last quarter. 26.73% of the stock is currently owned by hedge funds and other institutional investors.

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's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.