Greene County Bancorp (NASDAQ:GCBC) CFO Purchases $28,864.00 in Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC) CFO Nick Barzee acquired 1,280 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were bought at an average cost of $22.55 per share, for a total transaction of $28,864.00. Following the acquisition, the chief financial officer directly owned 4,520 shares in the company, valued at $101,926. This represents a 39.51% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Greene County Bancorp Stock Up 0.9%

Shares of NASDAQ GCBC opened at $22.42 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.02. The company has a market cap of $381.81 million, a P/E ratio of 10.48 and a beta of 0.41. Greene County Bancorp, Inc. has a 52 week low of $20.00 and a 52 week high of $26.25. The business has a 50-day simple moving average of $22.81 and a two-hundred day simple moving average of $22.95.

Greene County Bancorp (NASDAQ:GCBC) last announced its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $0.60 earnings per share for the quarter. Greene County Bancorp had a return on equity of 15.01% and a net margin of 26.03%.The firm had revenue of $22.22 million for the quarter.

Greene County Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.40 annualized dividend and a yield of 1.8%. Greene County Bancorp’s payout ratio is currently 18.69%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Greene County Bancorp in a research note on Monday, December 22nd. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Institutional Trading of Greene County Bancorp

Several institutional investors and hedge funds have recently modified their holdings of GCBC. Goldman Sachs Group Inc. boosted its position in shares of Greene County Bancorp by 2.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,909 shares of the real estate investment trust’s stock valued at $504,000 after acquiring an additional 500 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Greene County Bancorp during the first quarter worth about $296,000. CWM LLC increased its position in shares of Greene County Bancorp by 55.8% in the second quarter. CWM LLC now owns 1,689 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 605 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Greene County Bancorp in the second quarter worth approximately $460,000. Finally, Geode Capital Management LLC raised its stake in Greene County Bancorp by 3.0% in the second quarter. Geode Capital Management LLC now owns 169,308 shares of the real estate investment trust’s stock valued at $3,763,000 after purchasing an additional 4,985 shares in the last quarter. Hedge funds and other institutional investors own 13.39% of the company’s stock.

About Greene County Bancorp

Greene County Bancorp, Inc is the bank holding company for Greene County Community Bank, a full-service commercial bank based in Waynesburg, Pennsylvania. The company traces its roots to the early 20th century and has cultivated a reputation for community-focused banking in Greene County and the surrounding region of southwestern Pennsylvania.

Through its subsidiary, the company offers a broad range of financial products and services, including personal and business deposit accounts, residential and commercial real estate loans, consumer installment loans, and agricultural financing.