Greene County Bancorp (NASDAQ:GCBC) Director Purchases $66,300.00 in Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Peter Hogan acquired 3,000 shares of Greene County Bancorp stock in a transaction dated Wednesday, March 18th. The stock was bought at an average price of $22.10 per share, for a total transaction of $66,300.00. Following the completion of the purchase, the director owned 75,000 shares of the company’s stock, valued at approximately $1,657,500. This represents a 4.17% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Greene County Bancorp Price Performance

NASDAQ:GCBC traded up $0.02 during midday trading on Wednesday, reaching $21.75. The company had a trading volume of 25,990 shares, compared to its average volume of 11,648. Greene County Bancorp, Inc. has a 12-month low of $20.00 and a 12-month high of $26.04. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.02. The stock’s fifty day simple moving average is $22.79 and its 200-day simple moving average is $22.85.

Greene County Bancorp (NASDAQ:GCBC) last issued its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $0.60 earnings per share for the quarter. The company had revenue of $41.27 million for the quarter. Greene County Bancorp had a return on equity of 15.01% and a net margin of 26.03%.

Greene County Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, February 13th. Greene County Bancorp’s dividend payout ratio is presently 18.69%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Greene County Bancorp in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Institutional Trading of Greene County Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC lifted its holdings in 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 buying an additional 24,800 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Greene County Bancorp in the 3rd quarter valued at about $790,000. Goldman Sachs Group Inc. raised its position in shares of Greene County Bancorp by 2.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,909 shares of the real estate investment trust’s stock worth $504,000 after acquiring an additional 500 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Greene County Bancorp by 18.3% during the fourth quarter. Wells Fargo & Company MN now owns 19,461 shares of the real estate investment trust’s stock worth $433,000 after purchasing an additional 3,012 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in Greene County Bancorp by 3.6% during the third quarter. Bank of America Corp DE now owns 18,085 shares of the real estate investment trust’s stock worth $409,000 after purchasing an additional 636 shares during the last quarter. 13.39% of the stock is currently owned by institutional investors and hedge funds.

Greene County Bancorp Company Profile

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.