Nick Barzee Buys 840 Shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) Stock

Greene County Bancorp, Inc. (NASDAQ:GCBC) CFO Nick Barzee purchased 840 shares of the firm’s stock in a transaction on Friday, January 31st. The shares were acquired at an average price of $26.50 per share, with a total value of $22,260.00. Following the purchase, the chief financial officer now directly owns 1,740 shares in the company, valued at $46,110. This represents a 93.33 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Greene County Bancorp Stock Performance

Shares of Greene County Bancorp stock opened at $26.14 on Wednesday. Greene County Bancorp, Inc. has a 52 week low of $24.10 and a 52 week high of $37.25. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.14. The business has a 50 day moving average price of $28.31 and a 200-day moving average price of $30.28. The company has a market cap of $445.16 million, a PE ratio of 16.86 and a beta of 0.45.

Greene County Bancorp (NASDAQ:GCBC) last released its quarterly earnings results on Wednesday, January 22nd. The real estate investment trust reported $0.44 EPS for the quarter. Greene County Bancorp had a return on equity of 12.72% and a net margin of 21.02%. During the same period last year, the company posted $0.34 earnings per share.

Greene County Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Friday, February 14th. Greene County Bancorp’s dividend payout ratio (DPR) is presently 23.23%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Greene County Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, January 31st.

Institutional Investors Weigh In On Greene County Bancorp

A number of institutional investors have recently added to or reduced their stakes in GCBC. Angel Oak Capital Advisors LLC bought a new position in shares of Greene County Bancorp during the 4th quarter worth approximately $222,000. Stoneridge Investment Partners LLC bought a new stake in Greene County Bancorp during the fourth quarter worth $365,000. SG Americas Securities LLC bought a new position in Greene County Bancorp in the 4th quarter valued at $100,000. JPMorgan Chase & Co. increased its position in shares of Greene County Bancorp by 115.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,941 shares of the real estate investment trust’s stock valued at $338,000 after purchasing an additional 5,863 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Greene County Bancorp by 370.0% during the 3rd quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust’s stock worth $362,000 after purchasing an additional 9,229 shares during the period. 13.39% of the stock is owned by institutional investors.

About Greene County Bancorp

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.