Eric Allyn Sells 8,169 Shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Stock

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Director Eric Allyn sold 8,169 shares of the company’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 value of $137,239.20. Following the completion of the transaction, the director now directly owns 6,124 shares of the company’s stock, valued at $102,883.20. This represents a 57.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Pathfinder Bancorp Trading Up 1.8 %

Shares of NASDAQ PBHC opened at $17.77 on Wednesday. The firm has a 50 day moving average price of $17.19 and a two-hundred day moving average price of $15.55. The stock has a market cap of $83.87 million, a P/E ratio of 55.53 and a beta of 0.23. Pathfinder Bancorp, Inc. has a 52-week low of $11.41 and a 52-week high of $19.86. 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 Wednesday, October 30th. The savings and loans company reported ($0.75) earnings per share for the quarter. The company had revenue of $13.44 million during the quarter. Pathfinder Bancorp had a net margin of 2.42% and a return on equity of 1.65%.

Pathfinder Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Friday, October 18th were given a dividend of $0.10 per share. The ex-dividend date was Friday, October 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.25%. Pathfinder Bancorp’s dividend payout ratio (DPR) is 125.00%.

Institutional Trading of Pathfinder Bancorp

Several institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP raised its holdings in Pathfinder Bancorp by 11.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 18,604 shares of the savings and loans company’s stock worth $245,000 after purchasing an additional 1,941 shares during the last quarter. Inspire Investing LLC bought a new position in Pathfinder Bancorp during the third quarter worth $807,000. Finally, Fourthstone LLC lifted its holdings in Pathfinder Bancorp by 69.2% in the third 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 during the period. 26.73% of the stock is currently owned by 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.