Pioneer Bancorp (NASDAQ:PBFS) Stock Price Down 1.6% - Time to Sell?

Shares of Pioneer Bancorp, Inc. (NASDAQ:PBFS - Get Free Report) were down 1.6% on Monday . The stock traded as low as $11.66 and last traded at $11.68. Approximately 11,171 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 24,538 shares. The stock had previously closed at $11.87.

Pioneer Bancorp Trading Up 0.8 %

The firm has a market cap of $305.71 million, a P/E ratio of 16.12 and a beta of 0.50. The business has a 50-day moving average price of $11.46 and a 200-day moving average price of $10.96.

Pioneer Bancorp (NASDAQ:PBFS - Get Free Report) last issued its earnings results on Wednesday, September 25th. The company reported $0.16 earnings per share (EPS) for the quarter. Pioneer Bancorp had a net margin of 16.59% and a return on equity of 6.19%. The company had revenue of $20.89 million for the quarter.

Hedge Funds Weigh In On Pioneer Bancorp

A number of large investors have recently bought and sold shares of PBFS. Geode Capital Management LLC boosted its position in Pioneer Bancorp by 12.5% during the 3rd quarter. Geode Capital Management LLC now owns 250,178 shares of the company's stock valued at $2,745,000 after acquiring an additional 27,786 shares in the last quarter. State Street Corp boosted its position in Pioneer Bancorp by 1.0% during the third quarter. State Street Corp now owns 177,006 shares of the company's stock valued at $1,942,000 after purchasing an additional 1,700 shares in the last quarter. First Pacific Advisors LP grew its stake in Pioneer Bancorp by 217.3% in the second quarter. First Pacific Advisors LP now owns 166,974 shares of the company's stock valued at $1,671,000 after purchasing an additional 114,346 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Pioneer Bancorp by 13.6% in the second quarter. Dimensional Fund Advisors LP now owns 130,945 shares of the company's stock worth $1,311,000 after purchasing an additional 15,667 shares in the last quarter. Finally, Empowered Funds LLC lifted its position in shares of Pioneer Bancorp by 5.2% during the third quarter. Empowered Funds LLC now owns 57,385 shares of the company's stock valued at $630,000 after buying an additional 2,814 shares during the last quarter.

About Pioneer Bancorp

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.