BidaskClub lowered shares of PCSB Financial (NASDAQ:PCSB) from a hold rating to a sell rating in a research note published on Saturday morning, BidAskClub reports.

Other equities research analysts have also issued reports about the stock. TheStreet lowered shares of PCSB Financial from a b- rating to a c rating in a report on Thursday, August 15th. ValuEngine lowered shares of PCSB Financial from a hold rating to a sell rating in a report on Thursday, August 1st.

NASDAQ PCSB opened at $19.97 on Friday. PCSB Financial has a 1-year low of $18.16 and a 1-year high of $20.93. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.09. The stock has a 50-day moving average of $19.58 and a 200-day moving average of $19.58. The firm has a market cap of $355.38 million, a PE ratio of 40.08 and a beta of 0.36.

PCSB Financial (NASDAQ:PCSB) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.02). PCSB Financial had a net margin of 14.71% and a return on equity of 2.88%. The company had revenue of $11.72 million during the quarter.

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were issued a dividend of $0.04 per share. The ex-dividend date was Thursday, August 15th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.80%.

In other PCSB Financial news, VP Scott Nogles purchased 2,000 shares of PCSB Financial stock in a transaction that occurred on Wednesday, August 7th. The shares were bought at an average price of $18.93 per share, for a total transaction of $37,860.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders purchased 3,375 shares of company stock worth $64,163 over the last three months. 1.80% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in the stock. Bank of Montreal Can bought a new stake in shares of PCSB Financial during the 2nd quarter valued at about $28,000. Oppenheimer Asset Management Inc. grew its holdings in shares of PCSB Financial by 70.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,608 shares of the company’s stock worth $53,000 after acquiring an additional 1,074 shares during the period. BNP Paribas Arbitrage SA grew its holdings in shares of PCSB Financial by 607.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,411 shares of the company’s stock worth $67,000 after acquiring an additional 2,929 shares during the period. Joseph P. Lucia & Associates LLC purchased a new position in shares of PCSB Financial during the 1st quarter worth approximately $100,000. Finally, Atria Investments LLC bought a new position in shares of PCSB Financial in the 2nd quarter worth approximately $128,000. Institutional investors own 53.94% of the company’s stock.

About PCSB Financial

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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