Pathfinder Bancorp (NASDAQ:PBHC) Shares Cross Above 50-Day Moving Average – Time to Sell?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $13.75 and traded as high as $13.77. Pathfinder Bancorp shares last traded at $13.60, with a volume of 6,885 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Pathfinder Bancorp from a “hold (c)” rating to a “sell (d)” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Pathfinder Bancorp presently has a consensus rating of “Sell”.

Pathfinder Bancorp Stock Up 0.3%

The firm has a market capitalization of $65.14 million, a PE ratio of -22.67 and a beta of 0.10. The company has a fifty day moving average price of $13.75 and a 200-day moving average price of $14.45. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.72 and a current ratio of 0.72.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its earnings results on Thursday, January 29th. The savings and loans company reported ($1.11) earnings per share for the quarter. Pathfinder Bancorp had a negative net margin of 4.16% and a negative return on equity of 2.73%. The business had revenue of $12.21 million during the quarter.

Pathfinder Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 16th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, January 16th. Pathfinder Bancorp’s dividend payout ratio (DPR) is presently -66.67%.

Insider Activity at Pathfinder Bancorp

In other Pathfinder Bancorp news, Director Adam C. Gagas bought 1,950 shares of Pathfinder Bancorp stock in a transaction dated Friday, February 13th. The shares were purchased at an average cost of $13.75 per share, for a total transaction of $26,812.50. Following the acquisition, the director directly owned 17,756 shares in the company, valued at approximately $244,145. This represents a 12.34% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 22.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Alliancebernstein L.P. grew its position 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 acquiring an additional 92,397 shares in the last quarter. Fourthstone LLC purchased a new stake in Pathfinder Bancorp during the second quarter valued at approximately $1,229,000. Osaic Holdings Inc. raised its position in Pathfinder Bancorp by 102.1% during the second quarter. Osaic Holdings Inc. now owns 33,803 shares of the savings and loans company’s stock valued at $537,000 after purchasing an additional 17,079 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Pathfinder Bancorp in the 2nd quarter valued at approximately $52,000. Institutional investors own 26.73% of the company’s stock.

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.