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

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report) SVP William D. O'brien sold 2,353 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $17.14, for a total transaction of $40,330.42. Following the sale, the senior vice president now directly owns 14,865 shares in the company, valued at approximately $254,786.10. The trade was a 13.67 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Pathfinder Bancorp Price Performance

Pathfinder Bancorp stock traded up $0.15 during mid-day trading on Monday, reaching $17.22. 1,272 shares of the company's stock traded hands, compared to its average volume of 9,089. The company has a market cap of $81.28 million, a price-to-earnings ratio of 28.70 and a beta of 0.22. The stock has a 50 day moving average of $17.00 and a two-hundred day moving average of $16.71. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.33. Pathfinder Bancorp, Inc. has a 12-month low of $11.41 and a 12-month high of $19.86.

Pathfinder Bancorp (NASDAQ:PBHC - Get Free Report) last released 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Friday, January 17th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend was Friday, January 17th. Pathfinder Bancorp's dividend payout ratio is currently 66.67%.

Institutional Investors Weigh In On Pathfinder Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in PBHC. Northern Trust Corp bought a new position in shares of Pathfinder Bancorp in the fourth quarter worth about $229,000. Dimensional Fund Advisors LP grew its holdings in Pathfinder Bancorp by 5.5% during the 4th 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 in the last quarter. Inspire Investing LLC grew its holdings 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 acquiring an additional 8,436 shares in the last quarter. Fourthstone LLC boosted its holdings 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 valued at $1,262,000 after buying an additional 32,604 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in shares of Pathfinder Bancorp by 0.9% in the 4th quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company's stock valued at $5,049,000 after buying an additional 2,707 shares in the last quarter. Hedge funds and other institutional investors own 26.73% of the company's stock.

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.