Pathfinder Bancorp, Inc. (NASDAQ:PBHC) SVP William D. O’brien Sells 2,353 Shares

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) SVP William D. O’brien sold 2,353 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $17.14, for a total transaction of $40,330.42. Following the completion of the transaction, the senior vice president now directly owns 14,865 shares in the company, valued at $254,786.10. This represents a 13.67 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Pathfinder Bancorp Stock Performance

Shares of NASDAQ PBHC opened at $17.26 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.33. The firm’s 50-day moving average price is $17.00 and its two-hundred day moving average price is $16.69. Pathfinder Bancorp, Inc. has a 52-week low of $11.41 and a 52-week high of $19.86. The stock has a market capitalization of $81.44 million, a P/E ratio of 28.76 and a beta of 0.22.

Pathfinder Bancorp (NASDAQ:PBHC) last released its quarterly earnings results 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 17th were paid a dividend of $0.10 per share. The ex-dividend date was Friday, January 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.32%. Pathfinder Bancorp’s dividend payout ratio is presently 66.67%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PBHC. Fourthstone LLC increased its stake in shares of Pathfinder Bancorp by 69.2% during the third quarter. Fourthstone LLC now owns 79,721 shares of the savings and loans company’s stock valued at $1,262,000 after acquiring an additional 32,604 shares during the period. Inspire Investing LLC increased its stake in shares of Pathfinder Bancorp by 16.7% during the fourth quarter. Inspire Investing LLC now owns 58,960 shares of the savings and loans company’s stock valued at $1,006,000 after acquiring an additional 8,436 shares during the period. Finally, Alliancebernstein L.P. increased its stake in shares of Pathfinder Bancorp by 0.9% during the fourth quarter. Alliancebernstein L.P. now owns 288,511 shares of the savings and loans company’s stock valued at $5,049,000 after acquiring an additional 2,707 shares during the period. Institutional investors and hedge funds own 26.73% of the company’s stock.

About Pathfinder Bancorp

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.