Fmr LLC Sells 102,190 Shares of Greene County Bancorp, Inc. (NASDAQ:GCBC)

Fmr LLC lowered its holdings in Greene County Bancorp, Inc. (NASDAQ:GCBC) by 10.1% in the third quarter, HoldingsChannel.com reports. The firm owned 908,636 shares of the real estate investment trust’s stock after selling 102,190 shares during the quarter. Fmr LLC owned about 0.05% of Greene County Bancorp worth $28,077,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its position in shares of Greene County Bancorp by 13.7% in the second 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. Renaissance Technologies LLC acquired a new position in Greene County Bancorp in the 2nd quarter valued at $260,000. FineMark National Bank & Trust bought a new stake in shares of Greene County Bancorp during the 2nd quarter valued at $229,000. Vanguard Group Inc. lifted its position in shares of Greene County Bancorp by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 362,196 shares of the real estate investment trust’s stock valued at $10,428,000 after acquiring an additional 2,407 shares during the period. 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 worth $760,000 after purchasing an additional 300 shares in the last quarter. Institutional investors and hedge funds own 13.39% of the company’s stock.

Greene County Bancorp Stock Up 2.2 %

GCBC stock opened at $31.25 on Tuesday. Greene County Bancorp, Inc. has a 52 week low of $23.63 and a 52 week high of $37.25. The business has a 50-day simple moving average of $30.36 and a 200 day simple moving average of $31.31. 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 company has a market cap of $532.19 million, a PE ratio of 21.55 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. Stockholders of record on Friday, November 15th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.15%. The ex-dividend date was Friday, November 15th. Greene County Bancorp’s payout ratio is presently 24.83%.

Insider Transactions at Greene County Bancorp

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

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.