BHZ Capital Management LP Sells 1,365 Shares of PCSB Financial Co. (NASDAQ:PCSB)

BHZ Capital Management LP lowered its stake in PCSB Financial Co. (NASDAQ:PCSB) by 11.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,905 shares of the company’s stock after selling 1,365 shares during the quarter. BHZ Capital Management LP owned approximately 0.07% of PCSB Financial worth $198,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. UBS Group AG boosted its position in shares of PCSB Financial by 23.9% during the 1st quarter. UBS Group AG now owns 3,444 shares of the company’s stock valued at $57,000 after acquiring an additional 664 shares during the last quarter. Nisa Investment Advisors LLC bought a new stake in shares of PCSB Financial during the 2nd quarter valued at about $78,000. BNP Paribas Arbitrage SA boosted its position in shares of PCSB Financial by 67.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 6,425 shares of the company’s stock valued at $107,000 after acquiring an additional 2,583 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of PCSB Financial during the 1st quarter valued at about $194,000. Finally, Panagora Asset Management Inc. raised its holdings in shares of PCSB Financial by 2,023.5% during the 1st quarter. Panagora Asset Management Inc. now owns 12,040 shares of the company’s stock valued at $200,000 after buying an additional 11,473 shares in the last quarter. Hedge funds and other institutional investors own 53.19% of the company’s stock.

In other PCSB Financial news, Director Matthew G. Mccrosson purchased 3,000 shares of PCSB Financial stock in a transaction dated Friday, August 6th. The shares were purchased at an average cost of $18.72 per share, for a total transaction of $56,160.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 7.10% of the stock is owned by company insiders.

Shares of PCSB Financial stock opened at $17.55 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.99 and a quick ratio of 0.99. The business’s 50 day simple moving average is $18.32 and its two-hundred day simple moving average is $17.91. The stock has a market capitalization of $280.20 million, a P/E ratio of 20.89 and a beta of 0.66. PCSB Financial Co. has a one year low of $11.65 and a one year high of $20.75.

PCSB Financial (NASDAQ:PCSB) last released its quarterly earnings results on Thursday, August 5th. The company reported $0.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.04. The company had revenue of $13.15 million for the quarter, compared to analyst estimates of $12.20 million. PCSB Financial had a return on equity of 4.51% and a net margin of 20.79%.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 3rd. Stockholders of record on Friday, August 20th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend was Thursday, August 19th. PCSB Financial’s dividend payout ratio (DPR) is 29.27%.

About PCSB Financial

PCSB Financial Corp. operates as a bank holding company. Through its subsidiary PCSB Bank, it provides banking services. It operates through the segments: Residential, Commercial, Construction, Commercial Loans, Home Equity Lines of Credit, and Consumer and Overdrafts. The Residential segment refers to the borrower’s ability to make repayment from his or her ï¿½employment income or other income.

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Institutional Ownership by Quarter for PCSB Financial (NASDAQ:PCSB)

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