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

Greene County Bancorp, Inc. (NASDAQ:GCBC) CFO Nick Barzee bought 840 shares of the business’s stock in a transaction on Friday, January 31st. The stock was purchased at an average price of $26.50 per share, for a total transaction of $22,260.00. Following the completion of the acquisition, the chief financial officer now owns 1,740 shares of the company’s stock, valued at approximately $46,110. This trade represents a 93.33 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Greene County Bancorp Stock Up 0.7 %

Shares of Greene County Bancorp stock opened at $26.31 on Thursday. Greene County Bancorp, Inc. has a 1 year low of $24.49 and a 1 year high of $37.25. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market capitalization of $447.98 million, a P/E ratio of 16.97 and a beta of 0.45. The business has a 50-day moving average of $28.23 and a two-hundred day moving average of $30.25.

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

Greene County Bancorp Announces Dividend

The business also recently disclosed 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. The ex-dividend date is Friday, February 14th. This represents a $0.36 annualized dividend and a yield of 1.37%. Greene County Bancorp’s dividend payout ratio is currently 23.23%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Greene County Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, January 31st.

Hedge Funds Weigh In On Greene County Bancorp

A number of large investors have recently added to or reduced their stakes in GCBC. SG Americas Securities LLC bought a new stake in shares of Greene County Bancorp in the fourth quarter valued at about $100,000. BNP Paribas Financial Markets raised its position in Greene County Bancorp by 53.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,165 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 1,450 shares during the last quarter. Angel Oak Capital Advisors LLC bought a new stake in Greene County Bancorp in the 4th quarter valued at approximately $222,000. Renaissance Technologies LLC acquired a new position in Greene County Bancorp during the 2nd quarter worth approximately $260,000. Finally, JPMorgan Chase & Co. boosted 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. Institutional investors own 13.39% of the company’s stock.

Greene County Bancorp Company Profile

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.