Greene County Bancorp (NASDAQ:GCBC) Sees Unusually-High Trading Volume

Greene County Bancorp, Inc. (NASDAQ:GCBCGet Free Report) saw unusually-strong trading volume on Monday . Approximately 5,316 shares changed hands during mid-day trading, a decline of 64% from the previous session’s volume of 14,664 shares.The stock last traded at $30.90 and had previously closed at $30.82.

Greene County Bancorp Trading Up 0.7 %

The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.17. The business has a 50 day moving average of $29.64 and a 200-day moving average of $28.24. The stock has a market cap of $528.78 million, a PE ratio of 21.56 and a beta of 0.40.

Greene County Bancorp (NASDAQ:GCBCGet Free Report) last posted its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter. Greene County Bancorp had a return on equity of 12.86% and a net margin of 21.65%. The firm had revenue of $15.71 million for the quarter.

Greene County Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Shareholders of record on Wednesday, May 15th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date was Tuesday, May 14th. Greene County Bancorp’s dividend payout ratio is presently 22.22%.

Insiders Place Their Bets

In other Greene County Bancorp news, Director Jay P. Cahalan sold 7,060 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $31.65, for a total transaction of $223,449.00. Following the transaction, the director now owns 27,380 shares of the company’s stock, valued at approximately $866,577. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. BNP Paribas Financial Markets lifted its stake in shares of Greene County Bancorp by 12.7% during the 1st quarter. BNP Paribas Financial Markets now owns 4,272 shares of the real estate investment trust’s stock worth $123,000 after purchasing an additional 483 shares during the period. Barclays PLC raised its position in shares of Greene County Bancorp by 77.1% in the 3rd quarter. Barclays PLC now owns 2,460 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 1,071 shares during the period. Vanguard Group Inc. raised its position in shares of Greene County Bancorp by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 362,196 shares of the real estate investment trust’s stock worth $10,428,000 after buying an additional 2,407 shares during the period. Stratos Wealth Partners LTD. purchased a new position in shares of Greene County Bancorp in the 4th quarter worth $222,000. Finally, Janus Henderson Group PLC purchased a new position in shares of Greene County Bancorp in the 1st quarter worth $272,000. Hedge funds and other institutional investors own 13.39% of the company’s stock.

About Greene County Bancorp

(Get Free Report)

Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services in the United States. The company's deposit products include savings, NOW accounts, money market accounts, certificates of deposit, non-interest bearing checking accounts, and individual retirement accounts.

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