Prudential Bancorp Inc. (NASDAQ:PBIP) was upgraded by research analysts at TheStreet from a “hold” rating to a “buy” rating in a research note issued on Wednesday.

Shares of Prudential Bancorp (NASDAQ:PBIP) traded up 1.03% during trading on Wednesday, reaching $14.68. 247 shares of the company’s stock traded hands. Prudential Bancorp has a 1-year low of $13.80 and a 1-year high of $16.20. The company has a market capitalization of $107.87 million, a price-to-earnings ratio of 66.43 and a beta of -0.05. The company has a 50 day moving average of $14.54 and a 200-day moving average of $14.47.

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 22nd. Stockholders of record on Thursday, September 8th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend was Tuesday, September 6th. Prudential Bancorp’s dividend payout ratio (DPR) is currently 54.55%.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

About Prudential Bancorp

Prudential Bancorp, Inc of Pennsylvania is a mid-tier holding company for Prudential Savings Bank (the Bank). The Bank is a wholly owned subsidiary of the Company. Prudential Mutual Holding Company, a Pennsylvania corporation, is the mutual holding company parent of the Company. As of September 30, 2012, Prudential Mutual Holding Company owns 74.6% of the Company.

5 Day Chart for NASDAQ:PBIP

Receive News & Ratings for Prudential Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential Bancorp Inc. and related companies with's FREE daily email newsletter.