Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Shares Bought by Inspire Investing LLC

Inspire Investing LLC grew its stake in Pathfinder Bancorp, Inc. (NASDAQ:PBHC) by 16.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,960 shares of the savings and loans company’s stock after purchasing an additional 8,436 shares during the period. Inspire Investing LLC owned about 1.25% of Pathfinder Bancorp worth $1,006,000 at the end of the most recent quarter.

Separately, Fourthstone LLC lifted its stake in shares of Pathfinder Bancorp by 69.2% in the 3rd quarter. Fourthstone LLC now owns 79,721 shares of the savings and loans company’s stock valued at $1,262,000 after purchasing an additional 32,604 shares during the period. 26.73% of the stock is currently owned by institutional investors.

Pathfinder Bancorp Stock Down 0.7 %

PBHC stock opened at $16.33 on Friday. Pathfinder Bancorp, Inc. has a one year low of $11.41 and a one year high of $19.86. 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 firm’s fifty day moving average is $17.20 and its 200 day moving average is $16.44. The firm has a market cap of $77.08 million, a PE ratio of 51.03 and a beta of 0.22.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its earnings results on Wednesday, October 30th. The savings and loans company reported ($0.75) earnings per share (EPS) for the quarter. Pathfinder Bancorp had a return on equity of 1.65% and a net margin of 2.42%. The firm had revenue of $13.44 million for the quarter.

Pathfinder Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, January 17th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Friday, January 17th. Pathfinder Bancorp’s payout ratio is 125.00%.

Insider Activity

In other news, Director Eric Allyn sold 8,169 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $16.80, for a total transaction of $137,239.20. Following the completion of the sale, the director now owns 6,124 shares of the company’s stock, valued at $102,883.20. The trade was a 57.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 22.40% of the company’s stock.

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.