Pioneer Bancorp, Inc. (NASDAQ:PBFS) Shares Bought by Gator Capital Management LLC

Gator Capital Management LLC grew its position in Pioneer Bancorp, Inc. (NASDAQ:PBFS) by 30.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,683 shares of the company’s stock after buying an additional 11,622 shares during the quarter. Gator Capital Management LLC owned 0.19% of Pioneer Bancorp worth $572,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Wells Fargo & Company MN grew its position in Pioneer Bancorp by 23.5% in the 4th quarter. Wells Fargo & Company MN now owns 7,836 shares of the company’s stock valued at $90,000 after acquiring an additional 1,490 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of Pioneer Bancorp by 120.0% in the fourth quarter. Alliancebernstein L.P. now owns 374,307 shares of the company’s stock valued at $4,312,000 after purchasing an additional 204,177 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Pioneer Bancorp by 156.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 48,239 shares of the company’s stock worth $556,000 after buying an additional 29,464 shares during the period. JPMorgan Chase & Co. lifted its holdings in Pioneer Bancorp by 144.9% during the 4th quarter. JPMorgan Chase & Co. now owns 37,024 shares of the company’s stock worth $427,000 after buying an additional 21,904 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new stake in Pioneer Bancorp during the 4th quarter worth approximately $238,000.

Pioneer Bancorp Price Performance

NASDAQ:PBFS opened at $11.19 on Friday. Pioneer Bancorp, Inc. has a 52 week low of $8.76 and a 52 week high of $12.20. The company has a fifty day simple moving average of $11.74 and a two-hundred day simple moving average of $11.47. The company has a market cap of $289.24 million, a price-to-earnings ratio of 15.33 and a beta of 0.28.

Pioneer Bancorp (NASDAQ:PBFS) last released its earnings results on Thursday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter. Pioneer Bancorp had a return on equity of 6.16% and a net margin of 16.26%.

Pioneer Bancorp Company Profile

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.