Dimensional Fund Advisors LP Buys 15,667 Shares of Pioneer Bancorp, Inc. (NASDAQ:PBFS)

Dimensional Fund Advisors LP raised its stake in shares of Pioneer Bancorp, Inc. (NASDAQ:PBFS) by 13.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 130,945 shares of the company’s stock after acquiring an additional 15,667 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.50% of Pioneer Bancorp worth $1,311,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of PBFS. First Pacific Advisors LP boosted its position in Pioneer Bancorp by 217.3% during the 2nd quarter. First Pacific Advisors LP now owns 166,974 shares of the company’s stock valued at $1,671,000 after acquiring an additional 114,346 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Pioneer Bancorp by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 683,693 shares of the company’s stock valued at $6,707,000 after purchasing an additional 4,027 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Pioneer Bancorp by 8.1% during the 1st quarter. Empowered Funds LLC now owns 50,791 shares of the company’s stock valued at $498,000 after purchasing an additional 3,817 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Pioneer Bancorp by 3.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 33,172 shares of the company’s stock valued at $332,000 after purchasing an additional 1,171 shares during the last quarter.

Pioneer Bancorp Trading Up 2.4 %

Shares of PBFS opened at $10.99 on Friday. Pioneer Bancorp, Inc. has a 12 month low of $7.81 and a 12 month high of $11.40. The stock has a fifty day moving average price of $10.87 and a 200-day moving average price of $10.23. The firm has a market cap of $287.61 million, a PE ratio of 17.73 and a beta of 0.50.

Pioneer Bancorp (NASDAQ:PBFS) last issued its earnings results on Wednesday, September 25th. The company reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $20.89 million during the quarter. Pioneer Bancorp had a return on equity of 5.35% and a net margin of 14.58%.

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.