Pathfinder Bancorp (NASDAQ:PBHC) Share Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $16.87 and traded as low as $15.23. Pathfinder Bancorp shares last traded at $15.46, with a volume of 1,044 shares changing hands.

Pathfinder Bancorp Trading Down 1.8 %

The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.33. The firm's 50-day moving average is $16.30 and its 200 day moving average is $16.87. The firm has a market capitalization of $68.75 million, a price-to-earnings ratio of 24.07 and a beta of 0.03.

Pathfinder Bancorp (NASDAQ:PBHC - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The savings and loans company reported $0.69 earnings per share 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 business also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 18th will be paid a $0.10 dividend. The ex-dividend date is Thursday, April 17th. This represents a $0.40 annualized dividend and a dividend yield of 2.77%. Pathfinder Bancorp's payout ratio is 66.67%.

Insider Buying and Selling

In other news, SVP William D. O'brien sold 2,353 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $17.14, for a total value of $40,330.42. Following the transaction, the senior vice president now owns 14,865 shares in the company, valued at approximately $254,786.10. The trade was a 13.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ronald Tascarella sold 5,000 shares of the company's stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $17.00, for a total transaction of $85,000.00. Following the completion of the sale, the insider now directly owns 48,609 shares in the company, valued at approximately $826,353. This represents a 9.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,556 shares of company stock valued at $128,803 over the last ninety days. 22.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Northern Trust Corp bought a new stake in Pathfinder Bancorp in the fourth quarter worth approximately $229,000. FNY Investment Advisers LLC acquired a new position in shares of Pathfinder Bancorp during the 1st quarter valued at $256,000. Dimensional Fund Advisors LP lifted its position in shares of 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 valued at $335,000 after acquiring an additional 1,032 shares during the period. Inspire Investing LLC boosted its stake in Pathfinder Bancorp by 16.7% during the fourth 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. Finally, Fourthstone LLC grew its holdings in Pathfinder Bancorp by 10.8% in the fourth quarter. Fourthstone LLC now owns 88,300 shares of the savings and loans company's stock worth $1,545,000 after purchasing an additional 8,579 shares during the period. 26.73% of the stock is owned by institutional investors.

Pathfinder Bancorp Company Profile

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.