Greene County Bancorp (NASDAQ:GCBC) Share Price Passes Below 200 Day Moving Average - Here's Why

Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $30.50 and traded as low as $26.59. Greene County Bancorp shares last traded at $26.60, with a volume of 15,883 shares.

Analyst Ratings Changes

Separately, StockNews.com lowered Greene County Bancorp from a "hold" rating to a "sell" rating in a report on Friday.

Greene County Bancorp Stock Down 0.3 %

The company's 50 day simple moving average is $28.51 and its 200-day simple moving average is $30.38. The firm has a market cap of $449.85 million, a P/E ratio of 17.04 and a beta of 0.45. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.14.

Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last issued its earnings results on Wednesday, January 22nd. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter. Greene County Bancorp had a net margin of 21.02% and a return on equity of 12.72%. During the same period in the previous year, the company earned $0.34 EPS.

Greene County Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.36 annualized dividend and a dividend yield of 1.36%. Greene County Bancorp's dividend payout ratio (DPR) is 23.23%.

Institutional Trading of Greene County Bancorp

Large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its holdings in shares of Greene County Bancorp by 13.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 64,791 shares of the real estate investment trust's stock worth $2,182,000 after purchasing an additional 7,814 shares during the period. Renaissance Technologies LLC purchased a new stake in Greene County Bancorp in the 2nd quarter worth about $260,000. BNP Paribas Financial Markets lifted its stake 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 worth $129,000 after acquiring an additional 1,450 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Greene County Bancorp by 69.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,947 shares of the real estate investment trust's stock valued at $493,000 after acquiring an additional 6,517 shares during the period. Finally, State Street Corp increased its stake in Greene County Bancorp by 9.0% in the third quarter. State Street Corp now owns 122,592 shares of the real estate investment trust's stock worth $3,788,000 after purchasing an additional 10,152 shares during the period. Institutional investors own 13.39% 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 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.