Pathfinder Bancorp, Inc. (NASDAQ:PBHC) SVP Sells $76,587.00 in Stock

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

Pathfinder Bancorp Price Performance

PBHC opened at $16.10 on Wednesday. The company has a market capitalization of $75.99 million, a P/E ratio of 11.34 and a beta of 0.25. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.73. The firm’s fifty day moving average price is $15.52 and its two-hundred day moving average price is $13.54. Pathfinder Bancorp, Inc. has a fifty-two week low of $11.41 and a fifty-two week high of $19.05.

Pathfinder Bancorp (NASDAQ:PBHC) last issued its earnings results on Monday, July 29th. The savings and loans company reported $0.32 earnings per share 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. Stockholders of record on Friday, July 19th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, July 19th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.48%. Pathfinder Bancorp’s payout ratio is presently 28.17%.

Hedge Funds Weigh In On Pathfinder Bancorp

A hedge fund recently raised its stake in Pathfinder Bancorp stock. Dimensional Fund Advisors LP boosted its stake in shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) by 11.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 0.39% of Pathfinder Bancorp worth $245,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 26.73% of the company’s stock.

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.