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

Key Points

  • EVP John Antalek purchased 1,500 shares on November 18 at $22.00 each for a total of $33,000, increasing his holdings to 7,567 shares (a 24.72% rise).
  • Greene County Bancorp declared a quarterly dividend of $0.10 per share (annualized $0.40) with an ex-dividend date of November 14 and a pay date of November 28, representing a ~1.8% yield and a 20.2% payout ratio.
  • The company reported quarterly EPS of $0.52, a net margin of 24.62% and ROE of 14.75%; the stock traded at $22.36 (+1.3%), with a market cap of ~$380.8M and a P/E of 11.29.

Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) EVP John Antalek acquired 1,500 shares of the stock in a transaction on Tuesday, November 18th. The shares were bought at an average cost of $22.00 per share, for a total transaction of $33,000.00. Following the purchase, the executive vice president directly owned 7,567 shares of the company's stock, valued at $166,474. The trade was a 24.72% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Greene County Bancorp Trading Up 1.3%

NASDAQ:GCBC traded up $0.28 on Thursday, hitting $22.36. The stock had a trading volume of 1,796 shares, compared to its average volume of 27,050. The stock has a market cap of $380.79 million, a price-to-earnings ratio of 11.29 and a beta of 0.46. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average price of $22.61 and a two-hundred day moving average price of $23.10. Greene County Bancorp, Inc. has a 1-year low of $20.00 and a 1-year high of $32.55.

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

Greene County Bancorp Dividend Announcement




The company also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be given 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 (DPR) is currently 20.20%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a "hold (c-)" rating on shares of Greene County Bancorp in a report on Thursday, November 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Greene County Bancorp has an average rating of "Hold".

Read Our Latest Analysis on GCBC

Institutional Trading of Greene County Bancorp

Several hedge funds have recently added to or reduced their stakes in GCBC. Bank of America Corp DE grew its holdings in Greene County Bancorp by 3.6% during the 3rd quarter. Bank of America Corp DE now owns 18,085 shares of the real estate investment trust's stock worth $409,000 after acquiring an additional 636 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Greene County Bancorp during the 3rd quarter worth about $790,000. Two Sigma Investments LP acquired a new position in shares of Greene County Bancorp during the 3rd quarter worth about $221,000. BNP Paribas Financial Markets raised its position in shares of Greene County Bancorp by 67.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,186 shares of the real estate investment trust's stock worth $72,000 after acquiring an additional 1,289 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Greene County Bancorp by 8.6% during the third quarter. Dimensional Fund Advisors LP now owns 86,205 shares of the real estate investment trust's stock worth $1,948,000 after purchasing an additional 6,830 shares during the last quarter. Institutional investors and hedge funds own 13.39% of the company's stock.

Greene County Bancorp Company Profile

(Get Free Report)

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.

Recommended Stories

Insider Buying and Selling by Quarter for Greene County Bancorp (NASDAQ:GCBC)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Greene County Bancorp?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Greene County Bancorp and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles