Key Points
- Director Tejraj Hada purchased 1,000 shares of Greene County Bancorp at an average price of $21.95 on Nov. 20, raising his stake to 29,191 shares (a 3.55% increase) in a transaction disclosed via an SEC filing.
- Greene County Bancorp declared a quarterly dividend of $0.10 per share (annualized $0.40, yield 1.8%), payable Nov. 28 to shareholders of record on Nov. 14 (ex-dividend date Nov. 14).
- The stock trades around $22 with a market cap of about $375.3 million and a PE of 11.13; the company reported last-quarter EPS of $0.52, a return on equity of 14.75% and a net margin of 24.62%.
Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) Director Tejraj Hada purchased 1,000 shares of the company's stock in a transaction on Sunday, November 20th. The stock was purchased at an average price of $21.95 per share, for a total transaction of $21,950.00. Following the purchase, the director directly owned 29,191 shares of the company's stock, valued at $640,742.45. This trade represents a 3.55% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Greene County Bancorp Stock Performance
Shares of NASDAQ GCBC opened at $22.04 on Tuesday. Greene County Bancorp, Inc. has a 12-month low of $20.00 and a 12-month high of $32.55. The company has a market cap of $375.34 million, a PE ratio of 11.13 and a beta of 0.46. The stock has a 50 day simple moving average of $22.50 and a 200-day simple moving average of $23.10. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.02.
Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last announced its earnings results on Tuesday, October 21st. The real estate investment trust reported $0.52 earnings per share for the quarter. Greene County Bancorp had a return on equity of 14.75% and a net margin of 24.62%.The firm had revenue of $19.75 million for the quarter.
Greene County Bancorp Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Friday, November 14th. Greene County Bancorp's dividend payout ratio is currently 20.20%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a "hold (c-)" rating on shares of Greene County Bancorp in a research report on Wednesday, November 19th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".
Get Our Latest Stock Analysis on Greene County Bancorp
Institutional Investors Weigh In On Greene County Bancorp
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its position in shares of 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 valued at $409,000 after purchasing an additional 636 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Greene County Bancorp during the third quarter valued at approximately $790,000. Two Sigma Investments LP acquired a new stake in Greene County Bancorp during the third quarter valued at approximately $221,000. BNP Paribas Financial Markets boosted its holdings in Greene County Bancorp by 67.9% during the third quarter. BNP Paribas Financial Markets now owns 3,186 shares of the real estate investment trust's stock worth $72,000 after buying an additional 1,289 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Greene County Bancorp by 8.6% in 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 buying an additional 6,830 shares during the last quarter. 13.39% of the stock is currently owned by institutional investors.
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.
Further Reading
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