Greene County Bancorp (NASDAQ:GCBC - Get Free Report) was downgraded by stock analysts at StockNews.com from a "hold" rating to a "sell" rating in a research note issued on Monday.
Greene County Bancorp Stock Down 0.5 %
Shares of NASDAQ:GCBC traded down $0.14 during mid-day trading on Monday, hitting $27.16. 34,280 shares of the company traded hands, compared to its average volume of 23,696. The stock has a market cap of $462.53 million, a P/E ratio of 17.52 and a beta of 0.45. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.03. Greene County Bancorp has a 12-month low of $25.25 and a 12-month high of $37.25. The stock has a 50-day moving average price of $27.48 and a two-hundred day moving average price of $29.65.
Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The real estate investment trust reported $0.44 earnings per share for the quarter. Greene County Bancorp had a return on equity of 12.55% and a net margin of 21.02%. During the same period in the previous year, the company earned $0.34 EPS.
Hedge Funds Weigh In On Greene County Bancorp
Institutional investors have recently added to or reduced their stakes in the business. KLP Kapitalforvaltning AS bought a new position in Greene County Bancorp in the 4th quarter worth about $39,000. Deutsche Bank AG increased its position in shares of Greene County Bancorp by 759.3% during the 4th quarter. Deutsche Bank AG now owns 1,521 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 1,344 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Greene County Bancorp by 248.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,530 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 1,091 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Greene County Bancorp during the 4th quarter valued at about $100,000. Finally, BNP Paribas Financial Markets increased its position in shares of Greene County Bancorp by 53.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,165 shares of the real estate investment trust's stock valued at $129,000 after purchasing an additional 1,450 shares during the last quarter. 13.39% of the stock is currently owned by institutional investors.
About Greene County Bancorp
(
Get Free Report)
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.
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