Greene County Bancorp (NASDAQ:GCBC) Director Christopher Cannucciari Acquires 1,300 Shares

Greene County Bancorp, Inc. (NASDAQ:GCBC) Director Christopher Cannucciari bought 1,300 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were acquired at an average price of $22.05 per share, for a total transaction of $28,665.00. Following the completion of the transaction, the director directly owned 4,378 shares in the company, valued at approximately $96,534.90. This represents a 42.24% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Greene County Bancorp Stock Down 0.8%

Shares of GCBC stock opened at $22.52 on Wednesday. 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 stock’s 50 day simple moving average is $22.84 and its two-hundred day simple moving average is $22.96. Greene County Bancorp, Inc. has a 1 year low of $20.00 and a 1 year high of $26.84.

Greene County Bancorp (NASDAQ:GCBC) last released its earnings results on Wednesday, January 21st. The real estate investment trust reported $0.60 earnings per share for the quarter. Greene County Bancorp had a return on equity of 15.01% and a net margin of 26.03%.The firm had revenue of $22.22 million for the quarter.

Greene County Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders 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 annualized dividend and a dividend yield of 1.8%. Greene County Bancorp’s dividend payout ratio is currently 18.69%.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Greene County Bancorp

A number of hedge funds have recently added to or reduced their stakes in GCBC. Northwestern Mutual Wealth Management Co. increased its position in shares of Greene County Bancorp by 250.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,400 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 1,000 shares during the period. CWM LLC raised 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 valued at $38,000 after purchasing an additional 605 shares in the last quarter. BNP Paribas Financial Markets raised its position 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 valued at $42,000 after purchasing an additional 450 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Greene County Bancorp by 658.6% in 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 buying an additional 1,923 shares during the period. Finally, Two Sigma Investments LP purchased a new position in shares of Greene County Bancorp during the third quarter valued at $221,000. 13.39% of the stock is currently owned by institutional investors.

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.