Key Points
- Director Christopher Cannucciari purchased 1,300 shares on March 2 at an average price of $22.05, boosting his stake by 42.24% to 4,378 shares valued at about $96,535.
- The company paid a quarterly dividend of $0.10 (ex-dividend date Feb 13), equal to a $0.40 annualized payout and a ~1.8% yield with a dividend payout ratio of 18.69%.
- Greene County Bancorp reported quarterly EPS of $0.60, with a return on equity of 15.01% and a net margin of 26.03%; the stock recently traded near $22.52 within a 52-week range of $20.00–$26.84.
Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) Director Christopher Cannucciari acquired 1,300 shares of the firm's stock in a transaction that occurred on Monday, March 2nd. The shares were bought at an average price of $22.05 per share, with a total value of $28,665.00. Following the completion of the purchase, the director directly owned 4,378 shares in the company, valued at $96,534.90. The trade was a 42.24% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Greene County Bancorp Stock Performance
NASDAQ GCBC opened at $22.52 on Wednesday. Greene County Bancorp, Inc. has a 52 week low of $20.00 and a 52 week high of $26.84. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.02. The company has a 50 day moving average price of $22.84 and a 200 day moving average price of $22.96.
Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last issued its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $0.60 EPS for the quarter. Greene County Bancorp had a return on equity of 15.01% and a net margin of 26.03%.The firm had revenue of $22.22 million during the quarter.
Greene County Bancorp Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, February 13th. Greene County Bancorp's dividend payout ratio (DPR) is presently 18.69%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Greene County Bancorp in a report on Monday, December 22nd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of "Hold".
Read Our Latest Analysis on GCBC
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in GCBC. Raymond James Financial Inc. purchased a new position in shares of Greene County Bancorp during the 3rd quarter valued at about $790,000. Hsbc Holdings PLC boosted its position in Greene County Bancorp by 202.8% in 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 in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Greene County Bancorp during the 2nd quarter worth approximately $460,000. Covalent Partners LLC increased its holdings in shares of Greene County Bancorp by 37.9% during the 4th quarter. Covalent Partners LLC now owns 63,000 shares of the real estate investment trust's stock valued at $1,400,000 after purchasing an additional 17,329 shares in the last quarter. Finally, Angel Oak Capital Advisors LLC boosted its holdings in Greene County Bancorp by 35.7% during the second quarter. Angel Oak Capital Advisors LLC now owns 57,000 shares of the real estate investment trust's stock worth $1,267,000 after buying an additional 15,000 shares in the last quarter. Hedge funds and other institutional investors own 13.39% of the company's stock.
About Greene County Bancorp
(
Get Free Report)
Greene County Bancorp, Inc is the bank holding company for Greene County Community Bank, a full-service commercial bank based in Waynesburg, Pennsylvania. The company traces its roots to the early 20th century and has cultivated a reputation for community-focused banking in Greene County and the surrounding region of southwestern Pennsylvania.
Through its subsidiary, the company offers a broad range of financial products and services, including personal and business deposit accounts, residential and commercial real estate loans, consumer installment loans, and agricultural financing.
Further Reading
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