Acadian Asset Management LLC boosted its position in PCSB Financial Corp (NASDAQ:PCSB) by 13.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,136 shares of the company’s stock after buying an additional 18,619 shares during the period. Acadian Asset Management LLC owned approximately 0.88% of PCSB Financial worth $3,237,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of the stock. Millennium Management LLC increased its position in PCSB Financial by 483.2% in the 2nd quarter. Millennium Management LLC now owns 71,208 shares of the company’s stock valued at $1,415,000 after buying an additional 58,999 shares in the last quarter. Renaissance Technologies LLC increased its holdings in PCSB Financial by 129.0% during the 2nd quarter. Renaissance Technologies LLC now owns 227,600 shares of the company’s stock worth $4,522,000 after purchasing an additional 128,200 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in PCSB Financial during the 2nd quarter worth approximately $336,000. Royce & Associates LP increased its holdings in PCSB Financial by 24.4% during the 2nd quarter. Royce & Associates LP now owns 288,300 shares of the company’s stock worth $5,729,000 after purchasing an additional 56,500 shares in the last quarter. Finally, Strs Ohio increased its holdings in PCSB Financial by 2,029.4% during the 2nd quarter. Strs Ohio now owns 36,200 shares of the company’s stock worth $719,000 after purchasing an additional 34,500 shares in the last quarter. 47.40% of the stock is owned by institutional investors and hedge funds.
Shares of PCSB opened at $19.28 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $335.15 million, a price-to-earnings ratio of 34.81 and a beta of 0.84. PCSB Financial Corp has a 52 week low of $18.14 and a 52 week high of $22.34.
PCSB Financial (NASDAQ:PCSB) last issued its quarterly earnings data on Thursday, October 25th. The company reported $0.14 EPS for the quarter, hitting analysts’ consensus estimates of $0.14. The firm had revenue of $11.11 million during the quarter. PCSB Financial had a return on equity of 3.13% and a net margin of 13.88%.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 30th. Shareholders of record on Friday, November 16th will be issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Thursday, November 15th.
Separately, BidaskClub raised PCSB Financial from a “sell” rating to a “hold” rating in a report on Saturday, July 21st.
In related news, VP Scott Nogles acquired 1,500 shares of the firm’s stock in a transaction on Tuesday, October 30th. The stock was purchased at an average cost of $18.73 per share, with a total value of $28,095.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.80% of the company’s stock.
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PCSB Financial Profile
PCSB Financial Corporation operates as the bank holding company for PCSB Bank that provides financial services to individuals and businesses in Putnam, Southern Dutchess, Rockland, and Westchester Counties in New York. Its deposits products include non-interest bearing demand, NOW, money market, escrow, and savings accounts, as well as time deposits and certificates of deposit.
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