Greene County Bancorp, Inc. (NASDAQ:GCBC) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its holdings in Greene County Bancorp, Inc. (NASDAQ:GCBC) by 53.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 4,165 shares of the real estate investment trust’s stock after buying an additional 1,450 shares during the quarter. BNP Paribas Financial Markets’ holdings in Greene County Bancorp were worth $129,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of GCBC. Renaissance Technologies LLC acquired a new stake in shares of Greene County Bancorp in the second quarter valued at approximately $260,000. Dimensional Fund Advisors LP grew its holdings in Greene County Bancorp by 13.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 64,791 shares of the real estate investment trust’s stock valued at $2,182,000 after buying an additional 7,814 shares in the last quarter. FineMark National Bank & Trust purchased a new stake in Greene County Bancorp in the 2nd quarter valued at $229,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Greene County Bancorp by 1.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 22,546 shares of the real estate investment trust’s stock worth $760,000 after acquiring an additional 300 shares during the last quarter. 13.39% of the stock is owned by hedge funds and other institutional investors.

Greene County Bancorp Trading Down 6.2 %

Shares of GCBC stock opened at $29.66 on Thursday. 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, Inc. has a twelve month low of $24.10 and a twelve month high of $37.25. The company’s 50-day moving average price is $30.62 and its 200-day moving average price is $31.30. The stock has a market cap of $505.02 million, a price-to-earnings ratio of 20.46 and a beta of 0.43.

Greene County Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.09 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.36 annualized dividend and a yield of 1.21%. Greene County Bancorp’s payout ratio is 24.83%.

Insider Activity

In other Greene County Bancorp news, Director Tejraj S. Hada acquired 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were purchased at an average cost of $28.00 per share, for a total transaction of $56,000.00. Following the completion of the acquisition, the director now owns 8,651 shares of the company’s stock, valued at approximately $242,228. The trade was a 30.07 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Nick Barzee acquired 892 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was acquired at an average price of $28.57 per share, with a total value of $25,484.44. Following the completion of the transaction, the chief financial officer now directly owns 900 shares of the company’s stock, valued at $25,713. This trade represents a 11,150.00 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 5.10% of the company’s stock.

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.