Pioneer Bancorp (NASDAQ:PBFS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Pioneer Bancorp (NASDAQ:PBFSFree Report) to a hold rating in a research note released on Saturday morning.

Separately, Weiss Ratings raised shares of Pioneer Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

View Our Latest Report on Pioneer Bancorp

Pioneer Bancorp Price Performance

PBFS stock opened at $17.20 on Friday. The stock has a market capitalization of $431.38 million, a P/E ratio of 26.06 and a beta of 0.40. Pioneer Bancorp has a fifty-two week low of $12.01 and a fifty-two week high of $19.42. The business has a 50-day moving average of $16.30 and a 200-day moving average of $14.84.

Pioneer Bancorp (NASDAQ:PBFSGet Free Report) last announced its earnings results on Monday, May 11th. The company reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $24.61 million during the quarter.

Institutional Trading of Pioneer Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets raised its holdings in Pioneer Bancorp by 83.3% during the third quarter. BNP Paribas Financial Markets now owns 2,183 shares of the company’s stock worth $29,000 after acquiring an additional 992 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Pioneer Bancorp by 160.5% in the second quarter. Tower Research Capital LLC TRC now owns 3,493 shares of the company’s stock valued at $42,000 after purchasing an additional 2,152 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Pioneer Bancorp by 238.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 4,045 shares of the company’s stock worth $53,000 after purchasing an additional 2,851 shares during the last quarter. Strs Ohio acquired a new position in shares of Pioneer Bancorp during the 1st quarter worth approximately $60,000. Finally, Jane Street Group LLC bought a new stake in shares of Pioneer Bancorp during the 1st quarter worth approximately $121,000.

Pioneer Bancorp Company Profile

(Get Free Report)

Pioneer Bancorp, Inc is the bank holding company for Pioneer Bank, an FDIC-insured community bank headquartered in Islandia, New York. The company delivers a comprehensive suite of banking services to individuals, small businesses and nonprofit organizations across the Long Island region. Through its subsidiary, Pioneer Bank offers deposit accounts, consumer and commercial lending solutions, and cash management services tailored to local market needs.

The company’s retail offerings include checking and savings accounts, certificates of deposit and personal lending products, while commercial clients can access commercial real estate loans, business lines of credit, equipment financing and SBA-guaranteed loans.

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