Inspire Investing LLC Increases Position in Pathfinder Bancorp, Inc. (NASDAQ:PBHC)

Inspire Investing LLC raised its holdings in Pathfinder Bancorp, Inc. (NASDAQ:PBHC) by 16.7% in the fourth quarter, Holdings Channel reports. The fund owned 58,960 shares of the savings and loans company’s stock after buying an additional 8,436 shares during the period. Inspire Investing LLC’s holdings in Pathfinder Bancorp were worth $1,006,000 at the end of the most recent reporting period.

Separately, Fourthstone LLC grew its position in shares of Pathfinder Bancorp by 69.2% in the third 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 in the last quarter. 26.73% of the stock is owned by institutional investors.

Insider Buying and Selling at Pathfinder Bancorp

In other news, Director Eric Allyn sold 8,169 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at $102,883.20. This trade represents a 57.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 22.40% of the stock is currently owned by company insiders.

Pathfinder Bancorp Price Performance

NASDAQ:PBHC opened at $16.33 on Friday. The stock has a 50 day moving average price of $17.20 and a 200 day moving average price of $16.44. The stock has a market cap of $77.08 million, a PE ratio of 51.03 and a beta of 0.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.74 and a current ratio of 0.74. Pathfinder Bancorp, Inc. has a one year low of $11.41 and a one year high of $19.86.

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

Pathfinder Bancorp Dividend Announcement

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

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.