Tejraj S. Hada Purchases 7,000 Shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Tejraj S. Hada bought 7,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The stock was bought at an average cost of $23.39 per share, with a total value of $163,730.00. Following the completion of the acquisition, the director now owns 15,706 shares in the company, valued at $367,363.34. This represents a 80.40 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Greene County Bancorp Stock Down 4.8 %

NASDAQ GCBC opened at $22.50 on Friday. The firm has a market cap of $383.11 million, a PE ratio of 14.52 and a beta of 0.43. Greene County Bancorp, Inc. has a one year low of $22.35 and a one year high of $37.25. The stock’s 50 day simple moving average is $26.14 and its 200 day simple moving average is $28.70. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.63 and a quick ratio of 0.63.

Greene County Bancorp (NASDAQ:GCBC) last released its quarterly earnings results on Wednesday, January 22nd. The real estate investment trust reported $0.44 EPS for the quarter. Greene County Bancorp had a return on equity of 12.55% and a net margin of 21.02%. During the same quarter last year, the firm posted $0.34 EPS.

Greene County Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.09 per share. The ex-dividend date was Friday, February 14th. This represents a $0.36 dividend on an annualized basis and a yield of 1.60%. Greene County Bancorp’s dividend payout ratio (DPR) is presently 23.23%.

Analysts Set New Price Targets

Separately, StockNews.com raised Greene County Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.

Institutional Investors Weigh In On Greene County Bancorp

A number of large investors have recently bought and sold shares of the business. Geode Capital Management LLC grew its position in Greene County Bancorp by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 163,326 shares of the real estate investment trust’s stock worth $5,048,000 after acquiring an additional 2,458 shares during the last quarter. State Street Corp boosted its position in Greene County Bancorp by 9.0% in the 3rd quarter. State Street Corp now owns 122,592 shares of the real estate investment trust’s stock valued at $3,788,000 after buying an additional 10,152 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Greene County Bancorp by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 75,670 shares of the real estate investment trust’s stock valued at $2,098,000 after buying an additional 1,025 shares during the last quarter. Northern Trust Corp boosted its position in Greene County Bancorp by 2.5% in the 4th quarter. Northern Trust Corp now owns 66,422 shares of the real estate investment trust’s stock valued at $1,841,000 after buying an additional 1,632 shares during the last quarter. Finally, LPL Financial LLC boosted its position in Greene County Bancorp by 417.6% in the 4th quarter. LPL Financial LLC now owns 33,718 shares of the real estate investment trust’s stock valued at $935,000 after buying an additional 27,204 shares during the last quarter. 13.39% of the stock is currently owned by institutional investors.

About Greene County Bancorp

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.