Tejraj Hada Purchases 1,000 Shares of Greene County Bancorp (NASDAQ:GCBC) Stock

Tejraj Hada, Director at Greene County Bancorp, purchased 1,000 shares of the company's stock at $21.95 per share, totaling $21,950. This acquisition increased his ownership by 3.55%, now holding 29,191 shares valued at $640,742.45. The transaction was disclosed in a SEC filing. Greene County Bancorp's stock performance, dividend announcement, and institutional investor activities were also highlighted.

Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) Director Tejraj Hada bought 1,000 shares of Greene County Bancorp stock in a transaction dated Sunday, November 20th. The stock was acquired at an average cost of $21.95 per share, with a total value of $21,950.00. Following the completion of the acquisition, the director owned 29,191 shares of the company's stock, valued at $640,742.45. This represents a 3.55% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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Greene County Bancorp Stock Performance

Greene County Bancorp stock traded down $0.76 during mid-day trading on Monday, reaching $22.20. 6,064 shares of the company's stock were exchanged, compared to its average volume of 26,936. The business's fifty day simple moving average is $22.54 and its 200 day simple moving average is $23.10. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.02. Greene County Bancorp, Inc. has a one year low of $20.00 and a one year high of $32.55. The firm has a market capitalization of $378.07 million, a PE ratio of 11.21 and a beta of 0.46.

Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last announced its earnings results on Tuesday, October 21st. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter. The firm had revenue of $19.75 million during the quarter. Greene County Bancorp had a return on equity of 14.75% and a net margin of 24.62%.

Greene County Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $0.40 annualized dividend and a yield of 1.8%. Greene County Bancorp's payout ratio is currently 20.20%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a "hold (c-)" rating on shares of Greene County Bancorp in a research report on Wednesday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Greene County Bancorp has an average rating of "Hold".

View Our Latest Research Report on Greene County Bancorp

Institutional Investors Weigh In On Greene County Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC boosted its holdings 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 acquiring an additional 605 shares during the period. BNP Paribas Financial Markets lifted its holdings in Greene County Bancorp by 31.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,897 shares of the real estate investment trust's stock worth $42,000 after purchasing an additional 450 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Greene County Bancorp by 658.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,215 shares of the real estate investment trust's stock worth $49,000 after purchasing an additional 1,923 shares in the last quarter. Deutsche Bank AG boosted its stake in Greene County Bancorp by 204.7% in the 1st quarter. Deutsche Bank AG now owns 4,634 shares of the real estate investment trust's stock worth $112,000 after purchasing an additional 3,113 shares during the period. Finally, Two Sigma Investments LP purchased a new position in Greene County Bancorp during the 3rd quarter valued at about $221,000. Institutional investors own 13.39% of the company's stock.

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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