Key Points
- John Brust, a Greene County Bancorp director, purchased 2,041 shares on April 28 at $24.50 (≈$50,004.50) and had bought 2,080 shares on April 27, boosting his direct holdings to 6,221 shares — a ~48.8% increase in ownership.
- The company announced a quarterly dividend of $0.10 per share (payable May 29, ex-dividend May 15) implying a 1.6% yield, and recently reported $0.62 EPS with a PE of 10.74 and a market cap of about $419 million.
Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) Director John Brust bought 2,041 shares of the firm's stock in a transaction that occurred on Tuesday, April 28th. The stock was bought at an average price of $24.50 per share, with a total value of $50,004.50. Following the transaction, the director directly owned 6,221 shares in the company, valued at $152,414.50. This represents a 48.83% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
John Brust also recently made the following trade(s):
- On Monday, April 27th, John Brust bought 2,080 shares of Greene County Bancorp stock. The stock was bought at an average price of $24.05 per share, with a total value of $50,024.00.
Greene County Bancorp Stock Performance
Shares of GCBC opened at $24.60 on Wednesday. The firm has a 50-day moving average price of $22.80 and a 200 day moving average price of $22.82. The firm has a market capitalization of $418.94 million, a PE ratio of 10.74 and a beta of 0.39. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.02. Greene County Bancorp, Inc. has a 52-week low of $21.16 and a 52-week high of $26.04.
Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter. The firm had revenue of $23.89 million during the quarter. Greene County Bancorp had a net margin of 27.28% and a return on equity of 15.71%.
Greene County Bancorp Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Friday, May 15th. Greene County Bancorp's dividend payout ratio is currently 17.47%.
Hedge Funds Weigh In On Greene County Bancorp
A number of institutional investors and hedge funds have recently bought and sold shares of GCBC. Goldman Sachs Group Inc. grew its position in Greene County Bancorp by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 20,909 shares of the real estate investment trust's stock valued at $504,000 after buying an additional 500 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Greene County Bancorp during the 1st quarter valued at about $296,000. Geode Capital Management LLC boosted its position in shares of Greene County Bancorp by 3.0% during the 2nd quarter. Geode Capital Management LLC now owns 169,308 shares of the real estate investment trust's stock valued at $3,763,000 after purchasing an additional 4,985 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Greene County Bancorp by 17.7% during the 2nd quarter. Rhumbline Advisers now owns 11,168 shares of the real estate investment trust's stock valued at $248,000 after purchasing an additional 1,679 shares in the last quarter. Finally, First Trust Advisors LP bought a new position in shares of Greene County Bancorp during the 2nd quarter valued at about $241,000. 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.
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