Greene County Bancorp (NASDAQ:GCBC) Director Tejraj Hada Buys 1,500 Shares

Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Tejraj Hada acquired 1,500 shares of Greene County Bancorp stock in a transaction that occurred on Wednesday, November 5th. The stock was bought at an average price of $22.52 per share, for a total transaction of $33,780.00. Following the completion of the acquisition, the director owned 24,557 shares in the company, valued at $553,023.64. This trade represents a 6.51% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Greene County Bancorp Stock Up 1.6%

Shares of Greene County Bancorp stock traded up $0.36 on Thursday, reaching $22.56. 10,038 shares of the company were exchanged, compared to its average volume of 28,084. Greene County Bancorp, Inc. has a 1-year low of $20.00 and a 1-year high of $35.34. The company has a market cap of $384.20 million, a P/E ratio of 11.39 and a beta of 0.46. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.65 and a quick ratio of 0.65. The stock’s 50 day moving average price is $22.88 and its 200-day moving average price is $23.07.

Greene County Bancorp (NASDAQ:GCBC) last posted its earnings results on Tuesday, October 21st. The real estate investment trust reported $0.52 earnings per share for the quarter. The firm had revenue of $21.51 million during the quarter. Greene County Bancorp had a return on equity of 14.75% and a net margin of 24.62%.

Greene County Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, November 14th. Greene County Bancorp’s dividend payout ratio is 20.20%.

Institutional Trading of Greene County Bancorp

Large investors have recently made changes to their positions in the stock. CWM LLC raised its holdings in shares of Greene County Bancorp by 55.8% in the 2nd quarter. CWM LLC now owns 1,689 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 605 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Greene County Bancorp by 31.1% in the second quarter. BNP Paribas Financial Markets now owns 1,897 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 450 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Greene County Bancorp by 658.6% in the second quarter. Tower Research Capital LLC TRC now owns 2,215 shares of the real estate investment trust’s stock valued at $49,000 after buying an additional 1,923 shares in the last quarter. Deutsche Bank AG grew its stake in shares of Greene County Bancorp by 204.7% in the first quarter. Deutsche Bank AG now owns 4,634 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 3,113 shares in the last quarter. Finally, First Trust Advisors LP acquired a new stake in shares of Greene County Bancorp in the second quarter valued at about $241,000. Institutional investors and hedge funds own 13.39% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Greene County Bancorp in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

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.