Insider Buying: Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Acquires 2,000 Shares of Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Tejraj S. Hada purchased 2,000 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were acquired at an average cost of $28.00 per share, with a total value of $56,000.00. Following the completion of the acquisition, the director now directly owns 8,651 shares in the company, valued at $242,228. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Greene County Bancorp Stock Up 0.7 %

NASDAQ GCBC traded up $0.19 during trading on Monday, reaching $28.14. 5,284 shares of the company’s stock were exchanged, compared to its average volume of 17,060. The stock has a market cap of $479.22 million, a P/E ratio of 19.28 and a beta of 0.42. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.65 and a current ratio of 0.65. The company has a 50 day moving average price of $30.24 and a two-hundred day moving average price of $31.09. Greene County Bancorp, Inc. has a 1 year low of $23.51 and a 1 year high of $37.25.

Greene County Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Friday, November 15th. Greene County Bancorp’s dividend payout ratio (DPR) is 24.83%.

Institutional Trading of Greene County Bancorp

Institutional investors have recently bought and sold shares of the business. FineMark National Bank & Trust purchased a new stake in Greene County Bancorp during the 2nd quarter worth about $229,000. Janus Henderson Group PLC purchased a new stake in Greene County Bancorp during the 1st quarter worth about $272,000. Renaissance Technologies LLC purchased a new stake in Greene County Bancorp during the 2nd quarter worth about $260,000. Dimensional Fund Advisors LP increased its position in shares of Greene County Bancorp by 13.7% during the second quarter. Dimensional Fund Advisors LP now owns 64,791 shares of the real estate investment trust’s stock worth $2,182,000 after purchasing an additional 7,814 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Greene County Bancorp by 0.7% during the first quarter. Vanguard Group Inc. now owns 362,196 shares of the real estate investment trust’s stock worth $10,428,000 after purchasing an additional 2,407 shares in 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.