Greene County Bancorp, Inc. (NASDAQ:GCBC) CFO Acquires $22,260.00 in Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC) CFO Nick Barzee acquired 840 shares of the business’s stock in a transaction dated Friday, January 31st. The shares were bought at an average cost of $26.50 per share, with a total value of $22,260.00. Following the transaction, the chief financial officer now directly owns 1,740 shares of the company’s stock, valued at $46,110. The trade was a 93.33 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

Greene County Bancorp Stock Performance

Shares of GCBC traded down $0.25 during trading hours on Monday, reaching $26.25. 10,761 shares of the company traded hands, compared to its average volume of 27,456. The stock’s fifty day moving average is $28.51 and its 200 day moving average is $30.38. The stock has a market cap of $447.04 million, a P/E ratio of 16.94 and a beta of 0.45. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.65 and a current ratio of 0.65. Greene County Bancorp, Inc. has a 1-year low of $24.10 and a 1-year high of $37.25.

Greene County Bancorp (NASDAQ:GCBC) last announced its quarterly earnings data on Wednesday, January 22nd. The real estate investment trust reported $0.44 EPS for the quarter. Greene County Bancorp had a net margin of 21.02% and a return on equity of 12.72%. During the same quarter last year, the company earned $0.34 earnings per share.

Greene County Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.37%. The ex-dividend date is Friday, February 14th. Greene County Bancorp’s dividend payout ratio (DPR) is presently 23.23%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GCBC. Stoneridge Investment Partners LLC acquired a new position in Greene County Bancorp in the fourth quarter worth about $365,000. State Street Corp raised its position in Greene County Bancorp by 9.0% in the third quarter. State Street Corp now owns 122,592 shares of the real estate investment trust’s stock worth $3,788,000 after purchasing an additional 10,152 shares in the last quarter. Barclays PLC raised its position in Greene County Bancorp by 370.0% in the third quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust’s stock worth $362,000 after purchasing an additional 9,229 shares in the last quarter. Angel Oak Capital Advisors LLC acquired a new position in Greene County Bancorp in the fourth quarter worth about $222,000. Finally, Dimensional Fund Advisors LP raised its position in Greene County Bancorp by 13.7% in the second quarter. Dimensional Fund Advisors LP now owns 64,791 shares of the real estate investment trust’s stock worth $2,182,000 after purchasing an additional 7,814 shares in the last quarter. Institutional investors and hedge funds own 13.39% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Greene County Bancorp from a “hold” rating to a “sell” rating in a research report on Friday.

About Greene County Bancorp

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.