Pioneer Bancorp (NASDAQ:PBFS) Stock Rating Raised to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Pioneer Bancorp (NASDAQ:PBFS) from a sell rating to a hold rating in a report issued on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings lowered shares of Pioneer Bancorp from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Pioneer Bancorp Price Performance

NASDAQ:PBFS opened at $18.03 on Friday. The firm’s fifty day moving average price is $17.84 and its two-hundred day moving average price is $15.93. The company has a market cap of $447.87 million, a P/E ratio of 33.39 and a beta of 0.42. Pioneer Bancorp has a one year low of $13.00 and a one year high of $19.91.

Pioneer Bancorp (NASDAQ:PBFS) last released its quarterly earnings results on Monday, August 10th. The company reported $0.14 EPS for the quarter. The business had revenue of $28.32 million for the quarter.

Institutional Investors Weigh In On Pioneer Bancorp

Large investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in shares of Pioneer Bancorp during the second quarter worth about $10,774,000. Empowered Funds LLC acquired a new stake in shares of Pioneer Bancorp in the 2nd quarter worth about $1,232,000. M3F Inc. lifted its position in Pioneer Bancorp by 1.9% in the 1st quarter. M3F Inc. now owns 2,071,973 shares of the company’s stock valued at $28,842,000 after acquiring an additional 38,119 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Pioneer Bancorp in the 2nd quarter valued at about $469,000. Finally, Bank of America Corp DE acquired a new position in Pioneer Bancorp during the 2nd quarter valued at about $225,000.

About Pioneer Bancorp

Pioneer Bancorp, Inc is the holding company for Pioneer Bank, a community-focused financial institution headquartered in Albany, New York. Through its banking subsidiary, the company provides a range of financial services to individuals, families, businesses and municipalities.

Pioneer Bank offers deposit products, including checking, savings, money market and certificate accounts, along with residential mortgages, home equity financing, consumer loans, commercial real estate lending and commercial and industrial loans.