Alliancebernstein L.P. boosted its stake in Pioneer Bancorp, Inc. (NASDAQ:PBFS - Free Report) by 120.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 374,307 shares of the company's stock after acquiring an additional 204,177 shares during the period. Alliancebernstein L.P. owned 1.44% of Pioneer Bancorp worth $4,312,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in Pioneer Bancorp by 188.4% in the third quarter. JPMorgan Chase & Co. now owns 15,120 shares of the company's stock worth $166,000 after buying an additional 9,877 shares during the last quarter. Barclays PLC increased its holdings in Pioneer Bancorp by 370.0% in the 3rd quarter. Barclays PLC now owns 18,757 shares of the company's stock worth $206,000 after acquiring an additional 14,766 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Pioneer Bancorp in the 4th quarter valued at about $238,000. Charles Schwab Investment Management Inc. lifted its holdings in Pioneer Bancorp by 9.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 32,057 shares of the company's stock valued at $352,000 after purchasing an additional 2,806 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in Pioneer Bancorp by 156.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 48,239 shares of the company's stock worth $556,000 after purchasing an additional 29,464 shares during the period.
Pioneer Bancorp Trading Up 0.9 %
Shares of NASDAQ PBFS traded up $0.10 during midday trading on Friday, hitting $11.26. The company's stock had a trading volume of 15,607 shares, compared to its average volume of 26,748. The firm has a market capitalization of $291.05 million, a price-to-earnings ratio of 15.42 and a beta of 0.28. The stock has a fifty day moving average price of $11.65 and a 200 day moving average price of $11.48. Pioneer Bancorp, Inc. has a one year low of $8.76 and a one year high of $12.20.
Pioneer Bancorp (NASDAQ:PBFS - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter. Pioneer Bancorp had a net margin of 16.26% and a return on equity of 6.16%.
Pioneer Bancorp Company Profile
(
Free Report)
Pioneer Bancorp, Inc operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York. The company accepts various deposit products, such as demand, savings, and money market accounts, as well as certificates of deposit accounts. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage lending, consumer loans, and home equity lines of credit.
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