UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 1,503 Shares of Greene County Bancorp, Inc. (NASDAQ:GCBC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Greene County Bancorp, Inc. (NASDAQ:GCBC) by 9.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 17,450 shares of the real estate investment trust’s stock after acquiring an additional 1,503 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Greene County Bancorp were worth $484,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. LPL Financial LLC boosted its stake in Greene County Bancorp by 417.6% in the 4th quarter. LPL Financial LLC now owns 33,718 shares of the real estate investment trust’s stock worth $935,000 after purchasing an additional 27,204 shares during the period. Millennium Management LLC bought a new stake in Greene County Bancorp during the fourth quarter valued at about $403,000. JPMorgan Chase & Co. boosted its holdings in Greene County Bancorp by 127.2% in the fourth quarter. JPMorgan Chase & Co. now owns 24,859 shares of the real estate investment trust’s stock worth $689,000 after acquiring an additional 13,918 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of Greene County Bancorp in the fourth quarter worth about $286,000. Finally, Squarepoint Ops LLC purchased a new position in shares of Greene County Bancorp in the fourth quarter worth about $271,000. Hedge funds and other institutional investors own 13.39% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Greene County Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, April 26th.

Insider Activity at Greene County Bancorp

In other news, Director Tejraj S. Hada bought 7,000 shares of Greene County Bancorp stock in a transaction that occurred on Wednesday, March 19th. The shares were purchased at an average price of $23.39 per share, for a total transaction of $163,730.00. Following the completion of the acquisition, the director now owns 15,706 shares of the company’s stock, valued at $367,363.34. The trade was a 80.40% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Nick Barzee purchased 1,500 shares of the company’s stock in a transaction on Friday, April 25th. The shares were purchased at an average price of $21.50 per share, with a total value of $32,250.00. Following the completion of the purchase, the chief financial officer now directly owns 3,240 shares of the company’s stock, valued at $69,660. The trade was a 86.21% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 15,500 shares of company stock valued at $356,630 in the last ninety days. Corporate insiders own 5.10% of the company’s stock.

Greene County Bancorp Price Performance

NASDAQ:GCBC opened at $22.80 on Thursday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $388.28 million, a P/E ratio of 14.71 and a beta of 0.49. Greene County Bancorp, Inc. has a 52 week low of $20.00 and a 52 week high of $37.25. The stock’s fifty day moving average is $22.10 and its two-hundred day moving average is $25.30.

Greene County Bancorp (NASDAQ:GCBC) last issued its quarterly earnings results on Tuesday, April 22nd. The real estate investment trust reported $0.47 earnings per share for the quarter. Greene County Bancorp had a return on equity of 12.55% and a net margin of 21.02%. The company had revenue of $20.07 million for the quarter.

Greene County Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date was Friday, May 16th. Greene County Bancorp’s dividend payout ratio (DPR) is 21.43%.

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.