Greene County Bancorp (NASDAQ:GCBC) Director Buys $50,004.50 in Stock

Greene County Bancorp, Inc. (NASDAQ:GCBCGet Free Report) Director John Brust bought 2,041 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was acquired at an average cost of $24.50 per share, with a total value of $50,004.50. Following the transaction, the director owned 6,221 shares of the company’s stock, valued at $152,414.50. This represents a 48.83% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

John Brust also recently made the following trade(s):

  • On Monday, April 27th, John Brust bought 2,080 shares of Greene County Bancorp stock. The stock was acquired at an average cost of $24.05 per share, with a total value of $50,024.00.

Greene County Bancorp Stock Up 1.9%

Greene County Bancorp stock opened at $24.05 on Friday. The company has a market cap of $409.57 million, a P/E ratio of 10.50 and a beta of 0.39. Greene County Bancorp, Inc. has a 1-year low of $21.16 and a 1-year high of $26.04. The company has a fifty day simple moving average of $22.83 and a 200 day simple moving average of $22.83. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.02.

Greene County Bancorp (NASDAQ:GCBCGet Free Report) last released its earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.62 earnings per share for the quarter. The business had revenue of $23.89 million during the quarter. Greene County Bancorp had a net margin of 27.28% and a return on equity of 15.71%.

Greene County Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.7%. Greene County Bancorp’s dividend payout ratio (DPR) is 17.47%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Hsbc Holdings PLC grew its position in Greene County Bancorp by 1.2% in the first quarter. Hsbc Holdings PLC now owns 42,421 shares of the real estate investment trust’s stock valued at $968,000 after purchasing an additional 521 shares in the last quarter. Covalent Partners LLC grew its position in shares of Greene County Bancorp by 37.9% in the 4th 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 during the period. Wells Fargo & Company MN grew its position in shares of Greene County Bancorp by 18.3% in the 4th quarter. Wells Fargo & Company MN now owns 19,461 shares of the real estate investment trust’s stock valued at $433,000 after acquiring an additional 3,012 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Greene County Bancorp by 6.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 91,601 shares of the real estate investment trust’s stock valued at $2,036,000 after acquiring an additional 5,396 shares during the period. Finally, LPL Financial LLC grew its position in shares of Greene County Bancorp by 26.8% in the 4th quarter. LPL Financial LLC now owns 42,892 shares of the real estate investment trust’s stock valued at $953,000 after acquiring an additional 9,062 shares during the period. Institutional investors own 13.39% of the company’s stock.

Greene County Bancorp Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Greene County Bancorp (NASDAQ:GCBC)

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