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

Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Peter Hogan bought 3,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were purchased at an average cost of $22.10 per share, with a total value of $66,300.00. Following the completion of the acquisition, the director owned 75,000 shares in the company, valued at approximately $1,657,500. This 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 can be accessed through this link.

Greene County Bancorp Stock Up 1.9%

GCBC stock opened at $22.16 on Friday. Greene County Bancorp, Inc. has a one year low of $20.00 and a one year high of $26.04. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.63 and a current ratio of 0.63. The firm’s fifty day moving average is $22.79 and its 200 day moving average is $22.84. The firm has a market cap of $377.38 million, a PE ratio of 10.36 and a beta of 0.41.

Greene County Bancorp (NASDAQ:GCBC) last issued its quarterly earnings data on Wednesday, January 21st. The real estate investment trust reported $0.60 earnings per share for the quarter. Greene County Bancorp had a net margin of 26.03% and a return on equity of 15.01%. The business had revenue of $41.27 million during the quarter.

Greene County Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued 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 is presently 18.69%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Greene County Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GCBC. Vanguard Group Inc. increased its stake in shares of Greene County Bancorp by 1.3% during the third quarter. Vanguard Group Inc. now owns 369,486 shares of the real estate investment trust’s stock worth $8,350,000 after purchasing an additional 4,650 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Greene County Bancorp by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 170,538 shares of the real estate investment trust’s stock worth $3,792,000 after buying an additional 1,276 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Greene County Bancorp by 6.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 91,601 shares of the real estate investment trust’s stock worth $2,036,000 after buying an additional 5,396 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of 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 acquiring an additional 8,313 shares during the last quarter. Finally, Covalent Partners LLC lifted its position in shares of Greene County Bancorp by 37.9% in the fourth quarter. Covalent Partners LLC now owns 63,000 shares of the real estate investment trust’s stock valued at $1,400,000 after acquiring an additional 17,329 shares in the last quarter. 13.39% of the stock is owned by hedge funds and other institutional investors.

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.