Greene County Bancorp, Inc. (NASDAQ:GCBC) CFO Nick Barzee Purchases 892 Shares

by · The Cerbat Gem

Greene County Bancorp, Inc. (NASDAQ:GCBC – Get Free Report) CFO Nick Barzee bought 892 shares of the business’s stock in a transaction on Friday, October 25th. The shares were purchased at an average cost of $28.57 per share, for a total transaction of $25,484.44. Following the completion of the purchase, the chief financial officer now owns 900 shares in the company, valued at approximately $25,713. This trade represents a 11,100.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Greene County Bancorp Stock Down 1.9 %

NASDAQ:GCBC traded down $0.54 on Friday, hitting $28.21. 6,696 shares of the company’s stock traded hands, compared to its average volume of 17,351. The firm has a 50-day moving average price of $30.61 and a 200-day moving average price of $30.98. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.17. The company has a market cap of $480.33 million, a PE ratio of 19.97 and a beta of 0.41. Greene County Bancorp, Inc. has a 1 year low of $22.33 and a 1 year high of $37.25.

Greene County Bancorp (NASDAQ:GCBC – Get Free Report) last released its quarterly earnings data on Tuesday, July 23rd. The real estate investment trust reported $0.40 earnings per share for the quarter. The firm had revenue of $16.58 million for the quarter. Greene County Bancorp had a net margin of 21.07% and a return on equity of 12.63%.

Greene County Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.36 dividend on an annualized basis and a yield of 1.28%. Greene County Bancorp’s payout ratio is 25.00%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its stake in shares of Greene County Bancorp by 12.7% during the 1st quarter. BNP Paribas Financial Markets now owns 4,272 shares of the real estate investment trust’s stock worth $123,000 after acquiring an additional 483 shares in the last quarter. FineMark National Bank & Trust bought a new stake in Greene County Bancorp during the second quarter worth approximately $229,000. Renaissance Technologies LLC acquired a new position in Greene County Bancorp during the second quarter valued at approximately $260,000. Janus Henderson Group PLC bought a new position in shares of Greene County Bancorp in the first quarter valued at approximately $272,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Greene County Bancorp by 1.3% in the second 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 during the last quarter. 13.39% of the stock is owned by institutional investors and hedge funds.

Greene County Bancorp Company Profile

(Get Free Report)

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.

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