Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Jay P. Cahalan Acquires 1,944 Shares

Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Jay P. Cahalan bought 1,944 shares of Greene County Bancorp stock in a transaction on Thursday, February 27th. The stock was purchased at an average price of $26.45 per share, for a total transaction of $51,418.80. Following the completion of the acquisition, the director now owns 29,324 shares in the company, valued at $775,619.80. This represents a 7.10 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Greene County Bancorp Trading Up 1.4 %

Shares of GCBC stock opened at $26.25 on Tuesday. The firm has a market cap of $446.96 million, a P/E ratio of 16.94 and a beta of 0.45. Greene County Bancorp, Inc. has a 1-year low of $25.25 and a 1-year high of $37.25. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.63 and a quick ratio of 0.63. The firm’s 50-day simple moving average is $27.00 and its 200-day simple moving average is $29.45.

Greene County Bancorp (NASDAQ:GCBC) last announced its quarterly earnings data on Wednesday, January 22nd. The real estate investment trust reported $0.44 earnings per share for the quarter. Greene County Bancorp had a net margin of 21.02% and a return on equity of 12.55%. During the same quarter last year, the company posted $0.34 EPS.

Greene County Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.09 per share. The ex-dividend date was Friday, February 14th. This represents a $0.36 annualized dividend and a dividend yield of 1.37%. Greene County Bancorp’s payout ratio is currently 23.23%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GCBC. BNP Paribas Financial Markets lifted its holdings in shares of Greene County Bancorp by 53.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,165 shares of the real estate investment trust’s stock worth $129,000 after acquiring an additional 1,450 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Greene County Bancorp by 69.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,947 shares of the real estate investment trust’s stock valued at $493,000 after buying an additional 6,517 shares during the period. State Street Corp raised its holdings in Greene County Bancorp by 9.0% in the third quarter. State Street Corp now owns 122,592 shares of the real estate investment trust’s stock valued at $3,788,000 after buying an additional 10,152 shares during the period. Barclays PLC raised its holdings in Greene County Bancorp by 370.0% in the third quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust’s stock valued at $362,000 after buying an additional 9,229 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Greene County Bancorp by 1.5% in the third quarter. Geode Capital Management LLC now owns 163,326 shares of the real estate investment trust’s stock valued at $5,048,000 after buying an additional 2,458 shares during the period. 13.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Greene County Bancorp from a “hold” rating to a “sell” rating in a report on Monday, February 17th.

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.