Fourthstone LLC Acquires 8,579 Shares of Pathfinder Bancorp, Inc. (NASDAQ:PBHC)

Fourthstone LLC lifted its stake in Pathfinder Bancorp, Inc. (NASDAQ:PBHC) by 10.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,300 shares of the savings and loans company’s stock after acquiring an additional 8,579 shares during the period. Fourthstone LLC owned approximately 1.87% of Pathfinder Bancorp worth $1,545,000 at the end of the most recent reporting period.

Separately, Inspire Investing LLC lifted its holdings in Pathfinder Bancorp by 16.7% during the 4th quarter. Inspire Investing LLC now owns 58,960 shares of the savings and loans company’s stock worth $1,006,000 after purchasing an additional 8,436 shares in the last quarter. Hedge funds and other institutional investors own 26.73% of the company’s stock.

Insider Transactions at Pathfinder Bancorp

In related news, insider Ronald Tascarella sold 5,000 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $17.00, for a total transaction of $85,000.00. Following the completion of the transaction, the insider now directly owns 48,609 shares in the company, valued at $826,353. The trade was a 9.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP William D. O’brien sold 2,353 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $17.14, for a total value of $40,330.42. Following the completion of the transaction, the senior vice president now owns 14,865 shares in the company, valued at $254,786.10. This represents a 13.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,556 shares of company stock valued at $128,803. 22.40% of the stock is currently owned by company insiders.

Pathfinder Bancorp Stock Up 2.2 %

Shares of NASDAQ PBHC opened at $15.50 on Thursday. 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 company has a market cap of $73.84 million, a P/E ratio of 25.83 and a beta of 0.03. Pathfinder Bancorp, Inc. has a 52 week low of $12.01 and a 52 week high of $19.86. The business has a 50-day simple moving average of $16.61 and a two-hundred day simple moving average of $16.90.

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

Pathfinder Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 18th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.58%. Pathfinder Bancorp’s dividend payout ratio (DPR) is currently 66.67%.

Pathfinder Bancorp 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.