Several other research firms also recently weighed in on PCSB. ValuEngine downgraded shares of PCSB Financial from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. TheStreet upgraded shares of PCSB Financial from a “c+” rating to a “b-” rating in a research note on Monday.
Shares of PCSB traded up $0.15 during trading hours on Thursday, hitting $20.65. The company’s stock had a trading volume of 502 shares, compared to its average volume of 28,212. The company has a market cap of $358.94 million, a price-to-earnings ratio of 41.49 and a beta of 0.36. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.94 and a quick ratio of 0.94. The business has a 50 day simple moving average of $19.66 and a two-hundred day simple moving average of $19.58. PCSB Financial has a 52-week low of $18.16 and a 52-week high of $20.93.
In other news, VP Scott Nogles acquired 2,000 shares of PCSB Financial stock in a transaction that occurred on Wednesday, August 7th. The stock was bought at an average price of $18.93 per share, with a total value of $37,860.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders have purchased 3,375 shares of company stock valued at $64,163. 5.20% of the stock is owned by corporate insiders.
A number of large investors have recently modified their holdings of PCSB. Creative Planning lifted its position in PCSB Financial by 11.0% during the second quarter. Creative Planning now owns 11,100 shares of the company’s stock valued at $225,000 after purchasing an additional 1,100 shares during the last quarter. Atria Investments LLC bought a new stake in PCSB Financial during the second quarter valued at approximately $128,000. First Trust Advisors LP bought a new stake in PCSB Financial during the second quarter valued at approximately $258,000. Acadian Asset Management LLC lifted its position in PCSB Financial by 45.2% during the first quarter. Acadian Asset Management LLC now owns 247,787 shares of the company’s stock valued at $4,851,000 after purchasing an additional 77,152 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in PCSB Financial by 6.8% during the fourth quarter. Bank of America Corp DE now owns 11,607 shares of the company’s stock valued at $227,000 after purchasing an additional 738 shares during the last quarter. 53.94% of the stock is owned by institutional investors.
PCSB Financial Company Profile
PCSB Financial Corporation operates as the bank holding company for PCSB Bank that provides financial services to individuals and businesses in Putnam, Southern Dutchess, Rockland, and Westchester Counties in New York. Its deposits products include non-interest bearing demand, NOW, money market, escrow, and savings accounts, as well as time deposits and certificates of deposit.
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