Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Insider Ronald Tascarella Sells 5,000 Shares

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) insider Ronald Tascarella sold 5,000 shares of Pathfinder Bancorp stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $17.00, for a total value of $85,000.00. Following the completion of the transaction, the insider now owns 48,609 shares of the company’s stock, valued at approximately $826,353. This represents a 9.33 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Pathfinder Bancorp Trading Down 0.7 %

PBHC stock traded down $0.12 during midday trading on Monday, reaching $17.13. 971 shares of the company traded hands, compared to its average volume of 6,138. The firm has a market capitalization of $80.85 million, a price-to-earnings ratio of 28.78 and a beta of 0.22. Pathfinder Bancorp, Inc. has a 52-week low of $11.41 and a 52-week high of $19.86. The business has a 50 day moving average of $16.95 and a 200-day moving average of $16.77. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.74 and a current ratio of 0.74.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings data on Friday, January 31st. The savings and loans company reported $0.69 EPS 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 announced a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Friday, January 17th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend was Friday, January 17th. Pathfinder Bancorp’s dividend payout ratio is currently 66.67%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PBHC. Alliancebernstein L.P. boosted its position in 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 during the period. Fourthstone LLC raised its stake in shares of Pathfinder Bancorp by 10.8% during the fourth quarter. Fourthstone LLC now owns 88,300 shares of the savings and loans company’s stock valued at $1,545,000 after acquiring an additional 8,579 shares in the last quarter. Inspire Investing LLC boosted its holdings in shares of Pathfinder Bancorp by 16.7% in 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 during the period. Dimensional Fund Advisors LP grew its stake in 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, Northern Trust Corp purchased a new position in Pathfinder Bancorp during the 4th quarter worth $229,000. 26.73% of the stock is currently 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.