John Antalek Acquires 1,500 Shares of Greene County Bancorp (NASDAQ:GCBC) Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC) EVP John Antalek acquired 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were acquired at an average cost of $22.00 per share, for a total transaction of $33,000.00. Following the acquisition, the executive vice president directly owned 7,567 shares of the company’s stock, valued at $166,474. This trade represents a 24.72% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Greene County Bancorp Price Performance

NASDAQ:GCBC traded up $0.30 during trading hours on Wednesday, hitting $22.25. The company’s stock had a trading volume of 3,313 shares, compared to its average volume of 27,138. Greene County Bancorp, Inc. has a 52-week low of $20.00 and a 52-week high of $32.55. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.65 and a current ratio of 0.65. The business’s 50-day moving average is $22.62 and its two-hundred day moving average is $23.10. The company has a market capitalization of $378.92 million, a PE ratio of 11.24 and a beta of 0.46.

Greene County Bancorp (NASDAQ:GCBC) last posted its quarterly earnings results on Tuesday, October 21st. The real estate investment trust reported $0.52 earnings per share for the quarter. The business had revenue of $19.75 million for the quarter. Greene County Bancorp had a net margin of 24.62% and a return on equity of 14.75%.

Greene County Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $0.40 dividend on an annualized basis and a yield of 1.8%. Greene County Bancorp’s dividend payout ratio (DPR) is 20.20%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Greene County Bancorp in a research note on Thursday, November 13th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Greene County Bancorp presently has an average rating of “Hold”.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Greene County Bancorp by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 369,486 shares of the real estate investment trust’s stock valued at $8,350,000 after buying an additional 4,650 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Greene County Bancorp by 3.0% in the second quarter. Geode Capital Management LLC now owns 169,308 shares of the real estate investment trust’s stock worth $3,763,000 after acquiring an additional 4,985 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Greene County Bancorp by 8.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 86,205 shares of the real estate investment trust’s stock valued at $1,948,000 after purchasing an additional 6,830 shares during the last quarter. Angel Oak Capital Advisors LLC lifted its holdings in Greene County Bancorp by 35.7% in the 2nd quarter. Angel Oak Capital Advisors LLC now owns 57,000 shares of the real estate investment trust’s stock valued at $1,267,000 after purchasing an additional 15,000 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of Greene County Bancorp by 202.8% during the 2nd quarter. Hsbc Holdings PLC now owns 37,029 shares of the real estate investment trust’s stock worth $852,000 after purchasing an additional 24,800 shares during the last quarter. 13.39% of the stock is owned by hedge funds and other institutional investors.

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.