Greene County Bancorp (NASDAQ:GCBC) insider Donald E. Gibson bought 331 shares of the stock in a transaction dated Friday, May 18th. The shares were acquired at an average price of $30.78 per share, with a total value of $10,188.18. Following the completion of the purchase, the insider now directly owns 60,393 shares of the company’s stock, valued at $1,858,896.54. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Greene County Bancorp traded up $0.14, hitting $29.59, during trading hours on Thursday, MarketBeat Ratings reports. 800 shares of the company’s stock traded hands, compared to its average volume of 3,152. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.71 and a quick ratio of 0.71. The company has a market capitalization of $256.23 million, a PE ratio of 19.02 and a beta of 0.29. Greene County Bancorp has a twelve month low of $22.16 and a twelve month high of $38.00.
Greene County Bancorp (NASDAQ:GCBC) last posted its quarterly earnings results on Tuesday, April 24th. The real estate investment trust reported $0.43 EPS for the quarter. The business had revenue of $10.72 million during the quarter. Greene County Bancorp had a return on equity of 15.20% and a net margin of 30.93%.
The company also recently declared a quarterly dividend, which was paid on Thursday, May 31st. Investors of record on Tuesday, May 15th were paid a $0.0975 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 1.32%. This is an increase from Greene County Bancorp’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Monday, May 14th.
GCBC has been the subject of several recent analyst reports. BidaskClub downgraded Greene County Bancorp from a “sell” rating to a “strong sell” rating in a research note on Friday, May 18th. ValuEngine upgraded Greene County Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd.
A number of large investors have recently bought and sold shares of the stock. Hancock Holding Co. acquired a new position in Greene County Bancorp in the first quarter worth about $292,000. Dimensional Fund Advisors LP acquired a new position in Greene County Bancorp in the first quarter worth about $216,000. Deutsche Bank AG grew its stake in Greene County Bancorp by 63.3% in the fourth quarter. Deutsche Bank AG now owns 9,845 shares of the real estate investment trust’s stock worth $318,000 after purchasing an additional 3,816 shares in the last quarter. Haverford Trust Co. acquired a new position in Greene County Bancorp in the fourth quarter worth about $203,000. Finally, Geode Capital Management LLC grew its stake in Greene County Bancorp by 41.2% in the fourth quarter. Geode Capital Management LLC now owns 13,012 shares of the real estate investment trust’s stock worth $424,000 after purchasing an additional 3,795 shares in the last quarter. Institutional investors and hedge funds own 4.81% of the company’s stock.
Greene County Bancorp Company Profile
Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services. Its deposit products include savings, NOW accounts, money market accounts, certificates of deposit and non-interest bearing checking accounts, and individual retirement accounts.
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