Stoneridge Investment Partners LLC Purchases New Shares in Greene County Bancorp, Inc. (NASDAQ:GCBC)

Stoneridge Investment Partners LLC acquired a new stake in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,155 shares of the real estate investment trust's stock, valued at approximately $365,000. Stoneridge Investment Partners LLC owned about 0.08% of Greene County Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in shares of Greene County Bancorp during the 4th quarter valued at about $100,000. BNP Paribas Financial Markets grew its position in Greene County Bancorp by 53.4% during the third quarter. BNP Paribas Financial Markets now owns 4,165 shares of the real estate investment trust's stock valued at $129,000 after buying an additional 1,450 shares during the period. Renaissance Technologies LLC bought a new stake in Greene County Bancorp during the second quarter valued at approximately $260,000. JPMorgan Chase & Co. increased its holdings in Greene County Bancorp by 115.5% during the third quarter. JPMorgan Chase & Co. now owns 10,941 shares of the real estate investment trust's stock valued at $338,000 after buying an additional 5,863 shares during the last quarter. Finally, Barclays PLC raised its position 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 period. Institutional investors own 13.39% of the company's stock.

Greene County Bancorp Stock Performance

GCBC traded down $0.09 during midday trading on Wednesday, reaching $26.71. The company had a trading volume of 15,064 shares, compared to its average volume of 25,177. Greene County Bancorp, Inc. has a 1 year low of $25.25 and a 1 year high of $37.25. The business has a 50-day moving average of $27.92 and a two-hundred day moving average of $29.93. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.14. The company has a market cap of $454.87 million, a P/E ratio of 17.23 and a beta of 0.45.

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 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 posted $0.34 EPS.

Greene County Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend is Friday, February 14th. Greene County Bancorp's payout ratio is presently 23.23%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Greene County Bancorp from a "sell" rating to a "hold" rating in a research report on Saturday.

Greene County Bancorp 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.