Dimensional Fund Advisors LP Has $2.10 Million Stock Holdings in Greene County Bancorp, Inc. (NASDAQ:GCBC)

Dimensional Fund Advisors LP increased its position in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 75,670 shares of the real estate investment trust’s stock after buying an additional 1,025 shares during the period. Dimensional Fund Advisors LP’s holdings in Greene County Bancorp were worth $2,098,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of GCBC. KLP Kapitalforvaltning AS acquired a new stake in Greene County Bancorp during the fourth quarter valued at approximately $39,000. SG Americas Securities LLC acquired a new stake in Greene County Bancorp in the 4th quarter valued at $100,000. Angel Oak Capital Advisors LLC bought a new stake in Greene County Bancorp in the fourth quarter valued at $222,000. Marshall Wace LLP acquired a new stake in shares of Greene County Bancorp during the 4th quarter worth about $286,000. Finally, JPMorgan Chase & Co. grew its position in Greene County Bancorp by 115.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,941 shares of the real estate investment trust’s stock worth $338,000 after acquiring an additional 5,863 shares during the last quarter. 13.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Greene County Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, April 26th.

Insider Transactions at Greene County Bancorp

In other news, CFO Nick Barzee bought 1,500 shares of the stock in a transaction that occurred on Friday, April 25th. The shares were acquired at an average cost of $21.50 per share, for a total transaction of $32,250.00. Following the completion of the acquisition, the chief financial officer now owns 3,240 shares in the company, valued at approximately $69,660. This represents a 86.21% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Tejraj S. Hada bought 7,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The stock was purchased at an average cost 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 in the company, valued at $367,363.34. This trade represents a 80.40% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 10,444 shares of company stock valued at $247,399 over the last 90 days. 5.10% of the stock is owned by corporate insiders.

Greene County Bancorp Price Performance

Shares of GCBC stock opened at $23.00 on Thursday. The firm’s 50 day moving average price is $22.58 and its two-hundred day moving average price is $26.56. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a market cap of $391.69 million, a PE ratio of 14.84 and a beta of 0.52. Greene County Bancorp, Inc. has a 52-week low of $20.00 and a 52-week high of $37.25.

Greene County Bancorp (NASDAQ:GCBC) last announced 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 net margin of 21.02% and a return on equity of 12.55%. The company had revenue of $20.07 million for the quarter.

Greene County Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.57%. 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.