Pathfinder Bancorp (NASDAQ:PBHC) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.78 and traded as low as $13.55. Pathfinder Bancorp shares last traded at $13.57, with a volume of 1,762 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Pathfinder Bancorp in a research note on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Pathfinder Bancorp Price Performance

The company has a quick ratio of 0.73, a current ratio of 0.74 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $66.22 million, a PE ratio of -21.54 and a beta of 0.17. The firm’s fifty day simple moving average is $13.50 and its 200-day simple moving average is $13.78.

Pathfinder Bancorp (NASDAQ:PBHC) last issued its earnings results on Wednesday, April 29th. The savings and loans company reported $0.38 earnings per share (EPS) for the quarter. The business had revenue of $11.49 million during the quarter. Pathfinder Bancorp had a negative net margin of 4.96% and a negative return on equity of 3.20%.

Pathfinder Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 17th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, April 17th. This represents a $0.40 annualized dividend and a yield of 2.9%. Pathfinder Bancorp’s payout ratio is -63.49%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PBHC. Alliancebernstein L.P. raised its holdings in Pathfinder Bancorp by 26.1% in the third quarter. Alliancebernstein L.P. now owns 446,053 shares of the savings and loans company’s stock worth $6,992,000 after buying an additional 92,397 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Pathfinder Bancorp by 102.1% in the second quarter. Osaic Holdings Inc. now owns 33,803 shares of the savings and loans company’s stock worth $537,000 after buying an additional 17,079 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Pathfinder Bancorp in the second quarter worth about $52,000. 26.73% of the stock is owned by hedge funds and other institutional investors.

About Pathfinder Bancorp

Pathfinder Bancorp, Inc is a bank holding company headquartered in northeastern Pennsylvania that operates primarily through its subsidiary, Pathfinder Bank. The company offers a broad range of commercial and consumer banking solutions, including checking and savings accounts, time deposits, certificates of deposit, and retirement accounts. Through its branch network, Pathfinder Bancorp serves individuals, small businesses, and community organizations across its local market.

In addition to traditional deposit products, Pathfinder Bancorp provides a variety of lending services such as commercial real estate loans, construction and land development financing, agricultural credits, equipment loans, and consumer installment loans.