Pathfinder Bancorp (NASDAQ:PBHC) Stock Price Up 0.2% – Should You Buy?

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) rose 0.2% during trading on Tuesday. The company traded as high as $17.00 and last traded at $16.75. 7,651 shares traded hands during trading, an increase of 272% from the average daily volume of 2,058 shares. The stock had previously closed at $16.71.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Pathfinder Bancorp from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, November 4th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Pathfinder Bancorp Price Performance

The firm’s 50-day moving average price is $16.90 and its 200-day moving average price is $15.11. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $82.08 million, a PE ratio of 1,676.68 and a beta of 0.11.

Pathfinder Bancorp (NASDAQ:PBHC) last released its quarterly earnings results on Monday, November 2nd. The savings and loans company reported $0.32 EPS for the quarter. Pathfinder Bancorp had a return on equity of 0.08% and a net margin of 0.13%. The company had revenue of $11.97 million during the quarter.

Pathfinder Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 6th. Stockholders of record on Friday, October 16th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, October 16th. Pathfinder Bancorp’s dividend payout ratio (DPR) is presently 4,000.00%.

Hedge Funds Weigh In On Pathfinder Bancorp

A hedge fund recently bought a new stake in Pathfinder Bancorp stock. BlackRock Inc. purchased a new stake in shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,067 shares of the savings and loans company’s stock, valued at approximately $208,000. BlackRock Inc. owned 0.27% of Pathfinder Bancorp as of its most recent filing with the SEC. Hedge funds and other institutional investors own 26.73% of the company’s stock.

About Pathfinder Bancorp

Pathfinder Bancorp, Inc. is a bank holding company headquartered in Oswego, New York. Through its principal subsidiary, Pathfinder Bank, the company provides banking and financial services to individuals, families, businesses and organizations in Central New York. Pathfinder Bank offers deposit accounts, consumer and commercial lending, residential and commercial real estate loans, mortgage products and other traditional banking services. The bank also provides cash management and related financial solutions designed to support small businesses, commercial customers and municipal organizations.