<div id="readability-page-1"><p>Empirical Finance LLC purchased a new position in  Ponce Financial Group, Inc. (NASDAQ:PDLB - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 234,649 shares of the company's stock, valued at approximately $3,248,000. Empirical Finance LLC owned 0.98% of Ponce Financial Group at the end of the most recent reporting period.</p><p>Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cornerstone Investment Partners LLC purchased a new stake in  Ponce Financial Group during the 2nd quarter worth about $147,000.  PDT Partners LLC boosted its position in shares of  Ponce Financial Group by 8.0% in the first quarter. PDT Partners LLC now owns 11,081 shares of the company's stock valued at $140,000 after acquiring an additional 820 shares during the period.  Operose Advisors LLC purchased a new position in  Ponce Financial Group during the first quarter valued at approximately $152,000.  Jane Street Group LLC purchased a new position in  Ponce Financial Group during the first quarter valued at approximately $277,000.  Finally, Los Angeles Capital Management LLC lifted its stake in  Ponce Financial Group by 47.8% in the 2nd quarter. Los Angeles Capital Management LLC now owns 59,474 shares of the company's stock worth $823,000 after purchasing an additional 19,230 shares in the last quarter. 64.35% of the stock is currently owned by institutional investors. </p><div><p><span></span><span>Get <strong>Ponce Financial Group</strong> alerts:</span></p></div><h2>Ponce Financial Group Trading Down 0.3%</h2><p>PDLB stock opened at $15.05 on Thursday. Ponce Financial Group, Inc. has a one year low of $10.88 and a one year high of $15.99. The company has a market capitalization of $361.20 million, a PE ratio of 16.91 and a beta of 0.84. The company's 50 day moving average price is $14.72 and its two-hundred day moving average price is $14.24. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.28 and a current ratio of 1.29. </p><p>Ponce Financial Group (NASDAQ:PDLB - Get Free Report) last released its earnings results on Friday, October 24th. The company reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.05. Ponce Financial Group had a return on equity of 7.35% and a net margin of 11.46%.The company had revenue of $26.74 million during the quarter.  As a group, analysts predict that  Ponce Financial Group, Inc. will post 0.39 earnings per share for the current fiscal year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of research analysts have recently commented on the stock. Zacks Research upgraded shares of Ponce Financial Group from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Thursday, November 6th. Weiss Ratings  reiterated a &#34;hold (c+)&#34; rating on shares of Ponce Financial Group in a research report on Wednesday, October 8th. Janney Montgomery Scott raised shares of Ponce Financial Group to a &#34;strong-buy&#34; rating in a research note on Wednesday, October 22nd. Finally, Wall Street Zen raised shares of Ponce Financial Group from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Saturday, November 8th. Two investment analysts have rated the stock with a Strong Buy rating and one  has given a Hold rating to the stock. According to MarketBeat, Ponce Financial Group  has an average rating of &#34;Buy&#34;.</p><p><b>Get Our Latest Analysis on PDLB</b></p><h2>Ponce Financial Group Company Profile</h2> (Free Report)<p>Ponce Financial Group, Inc operates as the bank holding company for Ponce Bank that provides various banking products and services. It offers various deposit products, including demand accounts, NOW/IOLA, money market, reciprocal deposits, savings accounts, and certificates of deposit to individuals, business entities, and non-profit organizations, as well as individual retirement accounts.</p><h2>Read More</h2><ul><li>Five stocks we like better than Ponce Financial Group</li><li>How to Use the MarketBeat Dividend Calculator</li><li>onsemi Places a $6 Billion Bet on Its Own Stock</li><li>Using the MarketBeat Dividend Yield Calculator</li><li>HIMS Has Been a Roller Coaster Ride. Should Investors Hop On?</li><li>Best Energy Stocks - Energy Stocks to Buy Now</li><li>End the Year Strong With These 3 Comeback Champions</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UERMQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UERMQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ponce Financial Group Right Now?</h2><p>Before you consider Ponce Financial Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ponce Financial Group wasn't on the list.</p><p>While Ponce Financial Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PDLB

<p>Empirical Finance LLC acquired 234,649 shares of Ponce Financial Group, valued at $3,248,000, owning 0.98% of the company. Analysts have upgraded Ponce Financial Group's stock ratings, with two giving a Strong Buy and one a Hold. The company reported strong quarterly earnings, beating estimates. Institutional investors own 64.35% of the stock. Ponce Financial Group operates as a bank holding company offering various banking products and services.</p>

Empirical Finance LLC Buys Shares of 234,649 Ponce Financial Group, Inc. $PDLB