Pathfinder Bancorp Inc (NASDAQ:PBHC) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totalling 3,800 shares, a decline of 32.1% from the May 30th total of 5,600 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.1% of the company’s stock are sold short.
Pathfinder Bancorp stock traded down $0.25 during trading hours on Friday, hitting $14.05. The stock had a trading volume of 4,551 shares, compared to its average volume of 1,619. The company’s 50-day simple moving average is $15.38. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market cap of $67.13 million, a P/E ratio of 17.23 and a beta of -0.45. Pathfinder Bancorp has a fifty-two week low of $12.86 and a fifty-two week high of $16.25.
Pathfinder Bancorp (NASDAQ:PBHC) last announced its quarterly earnings data on Friday, April 26th. The savings and loans company reported $0.12 EPS for the quarter. The firm had revenue of $7.53 million for the quarter. Pathfinder Bancorp had a return on equity of 5.50% and a net margin of 8.79%.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 9th. Stockholders of record on Friday, July 19th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Thursday, July 18th.
In related news, insider Ronald Tascarella purchased 3,509 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The stock was bought at an average price of $14.25 per share, for a total transaction of $50,003.25. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Walter Rusnak purchased 17,000 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The shares were bought at an average price of $14.25 per share, with a total value of $242,250.00. The disclosure for this purchase can be found here. Insiders have bought 66,909 shares of company stock worth $966,197 in the last quarter. 19.95% of the stock is currently owned by corporate insiders.
A hedge fund recently bought a new stake in Pathfinder Bancorp stock. Dimensional Fund Advisors LP purchased a new stake in Pathfinder Bancorp Inc (NASDAQ:PBHC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,477 shares of the savings and loans company’s stock, valued at approximately $205,000. Dimensional Fund Advisors LP owned 0.33% of Pathfinder Bancorp as of its most recent SEC filing. Hedge funds and other institutional investors own 18.67% of the company’s stock.
About Pathfinder Bancorp
Pathfinder Bancorp, Inc operates as a holding company for Pathfinder Bank that provides various banking and financial products and services primarily in Oswego and Onondaga counties, New York. The company accepts various deposits, including checking, savings, and money market deposit accounts, as well as certificates of deposit, and demand and time deposits.
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