Key Points
- Director Tejraj Hada purchased 2,000 shares at an average price of $21.99 on March 17, boosting his direct stake by 6.8% to 31,427 shares (about $691,080), with the transaction disclosed in an SEC filing.
- Shares traded around $21.74, with 50- and 200-day moving averages near $22.79–$22.84 and a 52-week range of $20.00–$26.04, placing the stock near its annual low.
- The company reported quarterly EPS of $0.60, a 15.01% return on equity and $41.27M in revenue, and recently paid a $0.10 quarterly dividend (annualized $0.40, ~1.8% yield).
Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) Director Tejraj Hada acquired 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The stock was purchased at an average cost of $21.99 per share, with a total value of $43,980.00. Following the purchase, the director directly owned 31,427 shares in the company, valued at approximately $691,079.73. This trade represents a 6.80% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Greene County Bancorp Trading Down 0.0%
NASDAQ GCBC traded down $0.01 on Thursday, hitting $21.74. 1,953 shares of the stock were exchanged, compared to its average volume of 11,465. The company's 50-day moving average price is $22.79 and its two-hundred day moving average price is $22.84. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.02. Greene County Bancorp, Inc. has a 52-week low of $20.00 and a 52-week high of $26.04.
Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last announced 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 $41.27 million during the quarter.
Greene County Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued 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 was Friday, February 13th. Greene County Bancorp's dividend payout ratio (DPR) is currently 18.69%.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Hsbc Holdings PLC raised its stake in shares of Greene County Bancorp by 202.8% during 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. Bank of America Corp DE grew its stake in shares of Greene County Bancorp by 173.8% in the 2nd quarter. Bank of America Corp DE now owns 17,449 shares of the real estate investment trust's stock valued at $388,000 after buying an additional 11,075 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Greene County Bancorp in the 1st quarter valued at approximately $296,000. Rhumbline Advisers increased its holdings in Greene County Bancorp by 17.7% in the second quarter. Rhumbline Advisers now owns 11,168 shares of the real estate investment trust's stock worth $248,000 after buying an additional 1,679 shares during the last quarter. Finally, First Trust Advisors LP acquired a new position in Greene County Bancorp in the second quarter worth approximately $241,000. 13.39% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Greene County Bancorp in a research report on Monday, December 22nd. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of "Hold".
Get Our Latest Report on Greene County Bancorp
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.
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