Greene County Bancorp (NASDAQ:GCBC) EVP John Antalek Purchases 1,500 Shares
Greene County Bancorp's EVP, John Antalek, purchased 1,500 shares at $22 each, totaling $33,000, increasing his stake by 24.72%. Post-transaction, he owns 7,567 shares valued at $166,474. The stock price rose to $22.25. The company announced a $0.10 quarterly dividend, with a 1.8% yield. Analyst Weiss Ratings maintains a 'hold' rating. Institutional investors have adjusted their stakes, with hedge funds owning 13.39% of the stock.
Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) EVP John Antalek purchased 1,500 shares of the company's stock in a transaction that occurred on Tuesday, November 18th. The shares were purchased at an average price of $22.00 per share, with a total value of $33,000.00. Following the completion of the transaction, the executive vice president directly owned 7,567 shares of the company's stock, valued at $166,474. This represents a 24.72% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
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Greene County Bancorp Price Performance
GCBC stock traded up $0.30 during midday trading on Wednesday, reaching $22.25. The stock had a trading volume of 3,313 shares, compared to its average volume of 27,138. Greene County Bancorp, Inc. has a 52-week low of $20.00 and a 52-week high of $32.55. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.02. The company's fifty day simple moving average is $22.62 and its 200 day simple moving average is $23.10. The company has a market cap of $378.92 million, a price-to-earnings ratio of 11.24 and a beta of 0.46.
Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last issued its earnings results on Tuesday, October 21st. The real estate investment trust reported $0.52 EPS for the quarter. The business had revenue of $19.75 million during the quarter. Greene County Bancorp had a net margin of 24.62% and a return on equity of 14.75%.
Greene County Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be given a $0.10 dividend. The ex-dividend date is Friday, November 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.8%. Greene County Bancorp's dividend payout ratio is 20.20%.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a "hold (c-)" rating on shares of Greene County Bancorp in a report on Thursday, November 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of "Hold".
View Our Latest Report on Greene County Bancorp
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in GCBC. CWM LLC lifted its position in Greene County Bancorp by 55.8% during the 2nd 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 stake in shares of Greene County Bancorp by 31.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,897 shares of the real estate investment trust's stock worth $42,000 after acquiring an additional 450 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Greene County Bancorp by 658.6% in the second quarter. Tower Research Capital LLC TRC now owns 2,215 shares of the real estate investment trust's stock valued at $49,000 after acquiring an additional 1,923 shares in the last quarter. Deutsche Bank AG increased its stake in shares of Greene County Bancorp by 204.7% during the first quarter. Deutsche Bank AG now owns 4,634 shares of the real estate investment trust's stock worth $112,000 after acquiring an additional 3,113 shares during the period. Finally, Two Sigma Investments LP purchased a new position in Greene County Bancorp during the third quarter worth about $221,000. Hedge funds and other 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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