Charles Schwab Investment Management Inc. Acquires 2,806 Shares of Pioneer Bancorp, Inc. (NASDAQ:PBFS)

Charles Schwab Investment Management Inc. increased its holdings in Pioneer Bancorp, Inc. (NASDAQ:PBFS) by 9.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,057 shares of the company’s stock after purchasing an additional 2,806 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.12% of Pioneer Bancorp worth $352,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its position in shares of Pioneer Bancorp by 3.7% in the second quarter. Bank of New York Mellon Corp now owns 33,172 shares of the company’s stock worth $332,000 after buying an additional 1,171 shares during the last quarter. First Pacific Advisors LP lifted its holdings in Pioneer Bancorp by 217.3% in the 2nd quarter. First Pacific Advisors LP now owns 166,974 shares of the company’s stock worth $1,671,000 after purchasing an additional 114,346 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Pioneer Bancorp by 13.6% during the second quarter. Dimensional Fund Advisors LP now owns 130,945 shares of the company’s stock worth $1,311,000 after purchasing an additional 15,667 shares during the period. Farther Finance Advisors LLC boosted its position in Pioneer Bancorp by 500.0% during the third quarter. Farther Finance Advisors LLC now owns 6,000 shares of the company’s stock worth $66,000 after purchasing an additional 5,000 shares during the period. Finally, Empowered Funds LLC grew its holdings in Pioneer Bancorp by 5.2% during the third quarter. Empowered Funds LLC now owns 57,385 shares of the company’s stock valued at $630,000 after purchasing an additional 2,814 shares during the last quarter.

Pioneer Bancorp Trading Down 0.5 %

Shares of Pioneer Bancorp stock opened at $11.31 on Friday. The firm has a fifty day simple moving average of $11.48 and a 200-day simple moving average of $10.96. The stock has a market capitalization of $293.77 million, a price-to-earnings ratio of 15.49 and a beta of 0.50. Pioneer Bancorp, Inc. has a 1-year low of $8.76 and a 1-year high of $12.00.

Pioneer Bancorp (NASDAQ:PBFS) last announced its earnings results on Wednesday, September 25th. The company reported $0.16 EPS for the quarter. Pioneer Bancorp had a net margin of 16.59% and a return on equity of 6.19%. The firm had revenue of $20.89 million for the quarter.

Pioneer Bancorp Profile

Pioneer Bancorp, Inc operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York. The company accepts various deposit products, such as demand, savings, and money market accounts, as well as certificates of deposit accounts. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage lending, consumer loans, and home equity lines of credit.