John Brust Buys 2,041 Shares of Greene County Bancorp (NASDAQ:GCBC) Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC) Director John Brust bought 2,041 shares of the company’s stock in a transaction 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 completion of the acquisition, the director 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 document filed with the Securities & Exchange Commission, which is available at this link.

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 Down 4.1%

Shares of NASDAQ:GCBC opened at $23.60 on Thursday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.02. The business has a fifty day moving average of $22.81 and a two-hundred day moving average of $22.83. The stock has a market cap of $401.91 million, a P/E ratio of 10.31 and a beta of 0.39. 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) last issued its earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter. The company had revenue of $23.89 million during the quarter. Greene County Bancorp had a return on equity of 15.71% and a net margin of 27.28%.

Greene County Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, May 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.7%. Greene County Bancorp’s dividend payout ratio is currently 17.47%.

Hedge Funds Weigh In On Greene County Bancorp

A number of hedge funds have recently modified their holdings of GCBC. Raymond James Financial Inc. purchased a new position in shares of Greene County Bancorp during the 3rd quarter worth $790,000. Covalent Partners LLC grew its holdings in shares of Greene County Bancorp by 37.9% during the 4th quarter. Covalent Partners LLC now owns 63,000 shares of the real estate investment trust’s stock worth $1,400,000 after purchasing an additional 17,329 shares during the period. Jane Street Group LLC purchased a new position in shares of Greene County Bancorp during the 1st quarter worth $296,000. Bank of America Corp DE grew its holdings in shares of Greene County Bancorp by 173.8% during the 2nd quarter. Bank of America Corp DE now owns 17,449 shares of the real estate investment trust’s stock worth $388,000 after purchasing an additional 11,075 shares during the period. Finally, First Trust Advisors LP purchased a new position in shares of Greene County Bancorp during the 2nd quarter worth $241,000. 13.39% of the stock is currently owned by hedge funds and other institutional investors.

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.