Greene County Bancorp (NASDAQ:GCBC) Upgraded at StockNews.com

StockNews.com upgraded shares of Greene County Bancorp (NASDAQ:GCBC) from a sell rating to a hold rating in a report published on Saturday.

Greene County Bancorp Trading Up 1.1 %

Shares of GCBC opened at $26.88 on Friday. The company’s fifty day simple moving average is $28.03 and its 200-day simple moving average is $30.02. The company has a market cap of $457.77 million, a P/E ratio of 17.34 and a beta of 0.45. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.14. Greene County Bancorp has a twelve month low of $25.25 and a twelve month high of $37.25.

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

Greene County Bancorp Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Friday, February 14th. Greene County Bancorp’s payout ratio is currently 23.23%.

Institutional Trading of Greene County Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets grew its holdings in shares of Greene County Bancorp by 53.4% in the third quarter. BNP Paribas Financial Markets now owns 4,165 shares of the real estate investment trust’s stock worth $129,000 after purchasing an additional 1,450 shares during the last quarter. Geode Capital Management LLC boosted its position in Greene County Bancorp by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 163,326 shares of the real estate investment trust’s stock valued at $5,048,000 after buying an additional 2,458 shares during the period. SG Americas Securities LLC bought a new position in Greene County Bancorp in the 4th quarter worth about $100,000. JPMorgan Chase & Co. increased its position in shares of Greene County Bancorp by 115.5% during the third quarter. JPMorgan Chase & Co. now owns 10,941 shares of the real estate investment trust’s stock worth $338,000 after acquiring an additional 5,863 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Greene County Bancorp by 69.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,947 shares of the real estate investment trust’s stock valued at $493,000 after acquiring an additional 6,517 shares in the last quarter. Hedge funds and other 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.