Key Points
- Director Michelle Plummer sold 10,000 Greene County Bancorp shares on June 11 at $28.77 each, totaling $287,700. After the sale, she still held 99,560 shares valued at about $2.86 million.
- The stock was down 1.7% and opened at $29.66, with a market cap of $505.11 million, a beta of 0.44, and a 52-week range of $21.25 to $30.70.
- The company recently reported Q1 EPS of $0.62 and paid a quarterly dividend of $0.10 per share, equal to an annualized yield of about 1.3%.
Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) Director Michelle Plummer sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $28.77, for a total value of $287,700.00. Following the completion of the sale, the director owned 99,560 shares of the company's stock, valued at $2,864,341.20. This trade represents a 9.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Greene County Bancorp Stock Down 1.7%
Greene County Bancorp stock opened at $29.66 on Tuesday. The stock has a market capitalization of $505.11 million, a PE ratio of 12.95 and a beta of 0.44. Greene County Bancorp, Inc. has a 12 month low of $21.25 and a 12 month high of $30.70. The business has a 50 day simple moving average of $24.92 and a 200-day simple moving average of $23.61. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.65 and a quick ratio of 0.65.
Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.62 EPS for the quarter. Greene County Bancorp had a return on equity of 15.41% and a net margin of 27.28%.The firm had revenue of $44.07 million during the quarter.
Greene County Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, May 15th. Greene County Bancorp's payout ratio is presently 17.47%.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded Greene County Bancorp from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of "Hold".
Read Our Latest Analysis on GCBC
Institutional Trading of Greene County Bancorp
Large investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Greene County Bancorp by 250.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,400 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 1,000 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Greene County Bancorp by 31.1% during the second quarter. BNP Paribas Financial Markets now owns 1,897 shares of the real estate investment trust's stock worth $42,000 after purchasing an additional 450 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Greene County Bancorp by 658.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,215 shares of the real estate investment trust's stock worth $49,000 after purchasing an additional 1,923 shares in the last quarter. Two Sigma Investments LP purchased a new stake in shares of Greene County Bancorp during the third quarter worth approximately $221,000. Finally, First Trust Advisors LP acquired a new position in Greene County Bancorp during the second quarter worth $241,000. 13.39% of the stock is currently owned by hedge funds and other institutional investors.
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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