Nick Barzee Acquires 892 Shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC) CFO Nick Barzee bought 892 shares of the firm’s stock in a transaction that occurred 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 acquisition, the chief financial officer now directly owns 900 shares in the company, valued at $25,713. This trade represents a 11,100.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Greene County Bancorp Price Performance

Shares of NASDAQ:GCBC opened at $28.21 on Friday. The company’s fifty day moving average price is $30.55 and its 200-day moving average price is $31.02. The firm has a market capitalization of $480.42 million, a price-to-earnings ratio of 19.46 and a beta of 0.41. Greene County Bancorp, Inc. has a one year low of $22.33 and a one year high of $37.25. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.65 and a quick ratio of 0.65.

Greene County Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Friday, November 15th. Greene County Bancorp’s payout ratio is 24.83%.

Hedge Funds Weigh In On Greene County Bancorp

Institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets increased its holdings in shares of Greene County Bancorp by 12.7% in the 1st quarter. BNP Paribas Financial Markets now owns 4,272 shares of the real estate investment trust’s stock worth $123,000 after buying an additional 483 shares during the last quarter. FineMark National Bank & Trust bought a new position in shares of Greene County Bancorp in the 2nd quarter worth $229,000. Renaissance Technologies LLC bought a new position in shares of Greene County Bancorp in the 2nd quarter worth $260,000. Janus Henderson Group PLC bought a new position in shares of Greene County Bancorp in the 1st quarter worth $272,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Greene County Bancorp by 1.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 22,546 shares of the real estate investment trust’s stock valued at $760,000 after purchasing an additional 300 shares during the last quarter. Institutional investors own 13.39% of the company’s stock.

Greene County Bancorp Company Profile

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.