Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $29.27 and traded as low as $25.16. Greene County Bancorp shares last traded at $25.84, with a volume of 21,620 shares traded.
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Greene County Bancorp from a "hold" rating to a "sell" rating in a research report on Monday, February 17th.
View Our Latest Stock Report on GCBC
Greene County Bancorp Trading Down 2.7 %
The firm has a market capitalization of $403.54 million, a price-to-earnings ratio of 15.29 and a beta of 0.43. The business's 50-day simple moving average is $26.54 and its two-hundred day simple moving average is $29.12. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.03.
Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The real estate investment trust reported $0.44 earnings per share for the quarter. Greene County Bancorp had a net margin of 21.02% and a return on equity of 12.55%. During the same quarter in the previous year, the firm earned $0.34 earnings per share.
Greene County Bancorp Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date was Friday, February 14th. Greene County Bancorp's dividend payout ratio is presently 23.23%.
Insider Activity
In other Greene County Bancorp news, Director Jay P. Cahalan acquired 1,944 shares of the stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of $26.45 per share, with a total value of $51,418.80. Following the completion of the purchase, the director now owns 29,324 shares in the company, valued at $775,619.80. This trade represents a 7.10 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 5.10% of the company's stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC boosted its stake in shares of Greene County Bancorp by 1.5% in the third quarter. Geode Capital Management LLC now owns 163,326 shares of the real estate investment trust's stock valued at $5,048,000 after purchasing an additional 2,458 shares during the period. Barclays PLC lifted its stake in Greene County Bancorp by 370.0% in the third quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust's stock worth $362,000 after acquiring an additional 9,229 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Greene County Bancorp by 69.1% in the third 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 worth $493,000 after acquiring an additional 6,517 shares during the last quarter. SG Americas Securities LLC purchased a new position in Greene County Bancorp in the fourth quarter worth approximately $100,000. Finally, JPMorgan Chase & Co. lifted its stake in Greene County Bancorp by 115.5% in the third quarter. JPMorgan Chase & Co. now owns 10,941 shares of the real estate investment trust's stock worth $338,000 after acquiring an additional 5,863 shares during the last quarter. Hedge funds and other institutional investors own 13.39% of the company's stock.
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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