Pathfinder Bancorp (NASDAQ:PBHC) Share Price Crosses Below 200-Day Moving Average - What's Next?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.22 and traded as low as $16.07. Pathfinder Bancorp shares last traded at $16.45, with a volume of 94,708 shares trading hands.

Pathfinder Bancorp Stock Down 5.7 %

The company has a debt-to-equity ratio of 0.33, a current ratio of 0.74 and a quick ratio of 0.74. The firm has a market capitalization of $77.64 million, a P/E ratio of 51.41 and a beta of 0.22. The business has a 50 day moving average price of $17.43 and a 200 day moving average price of $16.22.

Pathfinder Bancorp (NASDAQ:PBHC - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The savings and loans company reported ($0.75) EPS for the quarter. Pathfinder Bancorp had a return on equity of 1.65% and a net margin of 2.42%. The business had revenue of $13.44 million during the quarter.

Pathfinder Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 17th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Friday, January 17th. Pathfinder Bancorp's dividend payout ratio (DPR) is presently 125.00%.

Insider Transactions at Pathfinder Bancorp

In other news, Director Eric Allyn sold 8,169 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $16.80, for a total transaction of $137,239.20. Following the sale, the director now directly owns 6,124 shares in the company, valued at approximately $102,883.20. The trade was a 57.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 22.40% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PBHC. Dimensional Fund Advisors LP lifted its holdings in shares of Pathfinder Bancorp by 11.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 18,604 shares of the savings and loans company's stock worth $245,000 after acquiring an additional 1,941 shares during the period. Inspire Investing LLC acquired a new position in Pathfinder Bancorp in the third quarter worth about $807,000. Finally, Fourthstone LLC lifted its stake 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 purchasing an additional 32,604 shares during the period. 26.73% of the stock is owned by 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.