Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Tejraj S. Hada Purchases 2,000 Shares

Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) Director Tejraj S. Hada purchased 2,000 shares of the firm's stock in a transaction on Friday, November 1st. The shares were purchased at an average price of $28.00 per share, with a total value of $56,000.00. Following the completion of the acquisition, the director now directly owns 8,651 shares of the company's stock, valued at approximately $242,228. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Greene County Bancorp Stock Performance

Shares of GCBC traded down $0.11 during trading hours on Monday, reaching $27.84. 22,186 shares of the company traded hands, compared to its average volume of 17,139. The stock's fifty day moving average is $30.24 and its 200 day moving average is $31.09. The stock has a market cap of $474.03 million, a P/E ratio of 19.32 and a beta of 0.42. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.65 and a current ratio of 0.65. Greene County Bancorp, Inc. has a 1-year low of $23.51 and a 1-year high of $37.25.

Greene County Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Friday, November 15th. Greene County Bancorp's dividend payout ratio is currently 24.83%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets raised its position in shares of Greene County Bancorp by 12.7% during the first quarter. BNP Paribas Financial Markets now owns 4,272 shares of the real estate investment trust's stock valued at $123,000 after buying an additional 483 shares during the last quarter. FineMark National Bank & Trust bought a new position in Greene County Bancorp during the second quarter worth about $229,000. Renaissance Technologies LLC acquired a new stake in Greene County Bancorp during the second quarter valued at approximately $260,000. Janus Henderson Group PLC bought a new stake in shares of Greene County Bancorp in the 1st quarter valued at approximately $272,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of Greene County Bancorp by 1.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 22,546 shares of the real estate investment trust's stock worth $760,000 after buying an additional 300 shares in the last quarter. Institutional investors and hedge funds own 13.39% of the company's stock.

About Greene County Bancorp

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.