Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Short Interest Update

Pathfinder Bancorp, Inc. (NASDAQ:PBHC - Get Free Report) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 3,600 shares, an increase of 63.6% from the January 15th total of 2,200 shares. Approximately 0.1% of the company's stock are sold short. Based on an average trading volume of 6,400 shares, the short-interest ratio is currently 0.6 days.

Pathfinder Bancorp Stock Performance

NASDAQ:PBHC traded up $0.15 during trading hours on Monday, reaching $17.22. The company had a trading volume of 1,272 shares, compared to its average volume of 9,089. The firm has a market cap of $81.28 million, a price-to-earnings ratio of 28.70 and a beta of 0.22. 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 price is $17.00 and its 200-day moving average price is $16.71. Pathfinder Bancorp has a 52 week low of $11.41 and a 52 week high of $19.86.

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 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 17th were given a dividend of $0.10 per share. The ex-dividend date was Friday, January 17th. This represents a $0.40 annualized dividend and a yield of 2.32%. Pathfinder Bancorp's dividend payout ratio (DPR) is presently 66.67%.

Insider Buying and Selling

In other news, SVP William D. O'brien sold 2,353 shares of the firm's stock in a transaction dated 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 owns 14,865 shares of the company's stock, valued at $254,786.10. This trade represents a 13.67 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Eric Allyn sold 8,169 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $16.80, for a total transaction of $137,239.20. Following the transaction, the director now directly owns 6,124 shares of the company's stock, valued at $102,883.20. The trade was a 57.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 22.40% of the stock is owned by company insiders.

Institutional Trading of Pathfinder Bancorp

Hedge funds have recently bought and sold shares of the stock. Fourthstone LLC lifted its position in shares of Pathfinder Bancorp by 69.2% during 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. Inspire Investing LLC lifted its holdings 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 valued at $1,006,000 after purchasing an additional 8,436 shares in the last quarter. Northern Trust Corp bought a new position in shares of Pathfinder Bancorp in the fourth quarter worth approximately $229,000. Dimensional Fund Advisors LP increased its stake in shares of Pathfinder Bancorp by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 19,640 shares of the savings and loans company's stock worth $335,000 after purchasing an additional 1,032 shares in the last quarter. Finally, Alliancebernstein L.P. raised its position in shares of Pathfinder Bancorp by 0.9% during 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 purchasing an additional 2,707 shares during the period. Institutional investors own 26.73% of the company's stock.

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.