Panagora Asset Management Inc. Sells 1,389 Shares of Pioneer Bancorp, Inc. (NASDAQ:PBFS)

Panagora Asset Management Inc. decreased its position in Pioneer Bancorp, Inc. (NASDAQ:PBFS) by 10.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,470 shares of the company’s stock after selling 1,389 shares during the period. Panagora Asset Management Inc.’s holdings in Pioneer Bancorp were worth $115,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fagan Associates Inc. bought a new position in shares of Pioneer Bancorp in the 4th quarter valued at about $170,000. Bank of New York Mellon Corp boosted its stake in 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 valued at $332,000 after acquiring an additional 1,171 shares during the last quarter. Empowered Funds LLC grew its holdings in Pioneer Bancorp by 8.1% during the 1st quarter. Empowered Funds LLC now owns 50,791 shares of the company’s stock worth $498,000 after acquiring an additional 3,817 shares during the period. First Pacific Advisors LP bought a new stake in shares of Pioneer Bancorp during the 1st quarter valued at $516,000. Finally, BHZ Capital Management LP lifted its stake in shares of Pioneer Bancorp by 34.9% in the 4th quarter. BHZ Capital Management LP now owns 119,326 shares of the company’s stock valued at $1,194,000 after purchasing an additional 30,901 shares during the period.

Pioneer Bancorp Stock Performance

NASDAQ:PBFS opened at $10.86 on Thursday. Pioneer Bancorp, Inc. has a 12-month low of $7.81 and a 12-month high of $11.40. The stock’s fifty day simple moving average is $10.76 and its 200-day simple moving average is $9.92.

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.