Ronald Tascarella Sells 5,000 Shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Stock

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) insider Ronald Tascarella sold 5,000 shares of Pathfinder Bancorp stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $17.00, for a total transaction of $85,000.00. Following the transaction, the insider now owns 48,609 shares in the company, valued at $826,353. This represents a 9.33 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ronald Tascarella also recently made the following trade(s):

• On Tuesday, February 25th, Ronald Tascarella sold 69 shares of Pathfinder Bancorp stock. The stock was sold at an average price of $17.12, for a total value of $1,181.28.

Pathfinder Bancorp Price Performance

NASDAQ PBHC opened at $17.08 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.74 and a current ratio of 0.74. The business’s fifty day moving average is $16.93 and its 200 day moving average is $16.79. The company has a market capitalization of $80.62 million, a PE ratio of 28.47 and a beta of 0.22. Pathfinder Bancorp, Inc. has a fifty-two week low of $11.41 and a fifty-two week high of $19.86.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings data on Friday, January 31st. The savings and loans company reported $0.69 earnings per share for the quarter. Pathfinder Bancorp had a return on equity of 3.07% and a net margin of 4.28%.

Pathfinder Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Friday, January 17th were paid a $0.10 dividend. The ex-dividend date was Friday, January 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.34%. Pathfinder Bancorp’s dividend payout ratio (DPR) is presently 66.67%.

Institutional Trading of Pathfinder Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the company. Alliancebernstein L.P. boosted its holdings in Pathfinder Bancorp by 0.9% in the 4th quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company’s stock worth $5,049,000 after buying an additional 2,707 shares during the period. Fourthstone LLC raised its holdings in Pathfinder Bancorp by 10.8% during the fourth quarter. Fourthstone LLC now owns 88,300 shares of the savings and loans company’s stock valued at $1,545,000 after acquiring an additional 8,579 shares during the period. Inspire Investing LLC boosted its stake in shares of Pathfinder Bancorp by 16.7% in the fourth quarter. Inspire Investing LLC now owns 58,960 shares of the savings and loans company’s stock worth $1,006,000 after acquiring an additional 8,436 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Pathfinder Bancorp by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 19,640 shares of the savings and loans company’s stock worth $335,000 after purchasing an additional 1,032 shares in the last quarter. Finally, Northern Trust Corp bought a new stake in Pathfinder Bancorp during the 4th quarter valued at approximately $229,000. 26.73% of the stock is currently owned by institutional investors.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.