Shares of PCSB Financial Corp (NASDAQ:PCSB) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Analysts have set a 1-year consensus target price of $19.00 for the company, according to Zacks. Zacks has also assigned PCSB Financial an industry rank of 15 out of 265 based on the ratings given to related companies.
Separately, BidaskClub upgraded PCSB Financial from a “hold” rating to a “buy” rating in a report on Thursday, December 7th.
In related news, SVP Clifford S. Weber acquired 11,650 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was bought at an average price of $19.83 per share, for a total transaction of $231,019.50. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 1.60% of the stock is owned by company insiders.
A number of large investors have recently modified their holdings of PCSB. SeaCrest Wealth Management LLC bought a new stake in shares of PCSB Financial during the fourth quarter worth $762,000. Victory Capital Management Inc. grew its position in PCSB Financial by 5.1% in the 4th quarter. Victory Capital Management Inc. now owns 82,604 shares of the company’s stock worth $1,574,000 after purchasing an additional 4,004 shares in the last quarter. Chicago Equity Partners LLC bought a new stake in PCSB Financial in the 4th quarter worth about $1,023,000. Acadian Asset Management LLC grew its position in PCSB Financial by 173.4% in the 4th quarter. Acadian Asset Management LLC now owns 83,349 shares of the company’s stock worth $1,588,000 after purchasing an additional 52,858 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its position in PCSB Financial by 22.5% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 34,785 shares of the company’s stock worth $663,000 after purchasing an additional 6,385 shares in the last quarter. Institutional investors and hedge funds own 40.51% of the company’s stock.
Shares of PCSB Financial (NASDAQ PCSB) traded up $0.05 during trading on Tuesday, reaching $20.19. 37,372 shares of the company’s stock were exchanged, compared to its average volume of 29,994. PCSB Financial has a 1-year low of $15.76 and a 1-year high of $20.47. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81.
PCSB Financial (NASDAQ:PCSB) last announced its quarterly earnings results on Thursday, January 25th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $10.88 million for the quarter. PCSB Financial had a net margin of 3.98% and a return on equity of 3.05%.
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PCSB Financial Company Profile
PCSB Financial Corporation will be the holding company of PCSB Bank (the Bank). The Bank is a mutual savings bank. The Bank attracts deposits from the general public and utilizes those funds primarily to originate and purchase residential real estate, commercial real estate and business loans, and to purchase investment securities.
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