Daniel R. Phillips Sells 4,900 Shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Stock

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) SVP Daniel R. Phillips sold 4,900 shares of Pathfinder Bancorp stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $15.63, for a total value of $76,587.00. Following the sale, the senior vice president now directly owns 15,317 shares of the company’s stock, valued at $239,404.71. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Pathfinder Bancorp Stock Performance

Shares of NASDAQ PBHC remained flat at $16.10 during trading hours on Tuesday. The company had a trading volume of 12,189 shares, compared to its average volume of 2,611. The stock has a market capitalization of $75.99 million, a price-to-earnings ratio of 11.34 and a beta of 0.25. Pathfinder Bancorp, Inc. has a 1 year low of $11.41 and a 1 year high of $19.05. The business’s fifty day simple moving average is $15.52 and its 200-day simple moving average is $13.54. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.73 and a current ratio of 0.73.

Pathfinder Bancorp (NASDAQ:PBHC) last announced its earnings results on Monday, July 29th. The savings and loans company reported $0.32 earnings per share (EPS) for the quarter. Pathfinder Bancorp had a net margin of 11.16% and a return on equity of 7.34%. The business had revenue of $10.69 million for the quarter.

Pathfinder Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Friday, July 19th were given a dividend of $0.10 per share. The ex-dividend date was Friday, July 19th. This represents a $0.40 annualized dividend and a yield of 2.48%. Pathfinder Bancorp’s payout ratio is currently 28.17%.

Institutional Investors Weigh In On Pathfinder Bancorp

A hedge fund recently raised its stake in Pathfinder Bancorp stock. Dimensional Fund Advisors LP raised its holdings in shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) by 11.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,604 shares of the savings and loans company’s stock after acquiring an additional 1,941 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.39% of Pathfinder Bancorp worth $245,000 as of its most recent filing with the Securities and Exchange Commission. 26.73% of the stock is currently owned by hedge funds and other institutional investors.

About Pathfinder Bancorp

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.