Tejraj S. Hada Buys 7,000 Shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) Director Tejraj S. Hada bought 7,000 shares of the firm's stock in a transaction on Wednesday, March 19th. The stock was acquired at an average cost of $23.39 per share, with a total value of $163,730.00. Following the transaction, the director now owns 15,706 shares in the company, valued at $367,363.34. The trade was a 80.40 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Greene County Bancorp Stock Performance

GCBC traded down $0.16 during mid-day trading on Monday, reaching $22.34. 30,681 shares of the company traded hands, compared to its average volume of 21,376. The company's fifty day moving average price is $26.14 and its 200-day moving average price is $28.67. The stock has a market capitalization of $380.38 million, a P/E ratio of 14.41 and a beta of 0.43. 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, Inc. has a 52-week low of $22.21 and a 52-week high of $37.25.

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 EPS for the quarter. Greene County Bancorp had a return on equity of 12.55% and a net margin of 21.02%. During the same quarter in the previous year, the firm earned $0.34 earnings per share.

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Greene County Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date was Friday, February 14th. Greene County Bancorp's payout ratio is 23.23%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Greene County Bancorp from a "sell" rating to a "hold" rating in a report on Tuesday, March 18th.

Institutional Trading of Greene County Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GCBC. KLP Kapitalforvaltning AS bought a new stake in shares of Greene County Bancorp during the 4th quarter valued at $39,000. Tower Research Capital LLC TRC grew its holdings in Greene County Bancorp by 248.5% during the fourth 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 period. Deutsche Bank AG increased its position in Greene County Bancorp by 759.3% in the fourth quarter. Deutsche Bank AG now owns 1,521 shares of the real estate investment trust's stock worth $42,000 after buying an additional 1,344 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Greene County Bancorp in the fourth quarter worth about $100,000. Finally, BNP Paribas Financial Markets lifted 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 buying an additional 1,450 shares in the last quarter. 13.39% of the stock is owned by hedge funds and other institutional investors.

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.