Greene County Bancorp (NASDAQ:GCBC) Director Peter Hogan Buys 3,000 Shares of Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Peter Hogan purchased 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was bought at an average price of $22.10 per share, with a total value of $66,300.00. Following the transaction, the director directly owned 75,000 shares in the company, valued at $1,657,500. This trade represents a 4.17% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Greene County Bancorp Price Performance

GCBC traded down $0.01 during trading on Thursday, reaching $21.74. The company had a trading volume of 1,953 shares, compared to its average volume of 11,465. The firm’s 50-day simple moving average is $22.79 and its 200 day simple moving average is $22.84. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.02. Greene County Bancorp, Inc. has a 12-month low of $20.00 and a 12-month high of $26.04.

Greene County Bancorp (NASDAQ:GCBC) last posted its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $0.60 EPS for the quarter. Greene County Bancorp had a net margin of 26.03% and a return on equity of 15.01%. The company had revenue of $41.27 million during 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 $0.10 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.40 dividend on an annualized basis and a yield of 1.8%. Greene County Bancorp’s dividend payout ratio (DPR) is currently 18.69%.

Institutional Investors Weigh In On Greene County Bancorp

A number of institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC increased its holdings in shares of Greene County Bancorp by 202.8% in the 2nd quarter. Hsbc Holdings PLC now owns 37,029 shares of the real estate investment trust’s stock valued at $852,000 after purchasing an additional 24,800 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Greene County Bancorp by 6.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 91,601 shares of the real estate investment trust’s stock worth $2,036,000 after purchasing an additional 5,396 shares during the period. Goldman Sachs Group Inc. grew its position in Greene County Bancorp by 14.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 66,370 shares of the real estate investment trust’s stock valued at $1,475,000 after purchasing an additional 8,313 shares in the last quarter. Covalent Partners LLC increased its stake in Greene County Bancorp by 37.9% in the 4th quarter. Covalent Partners LLC now owns 63,000 shares of the real estate investment trust’s stock valued at $1,400,000 after buying an additional 17,329 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Greene County Bancorp in the 3rd quarter valued at approximately $790,000. 13.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Greene County Bancorp Company Profile

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.