Barclays PLC Acquires 9,229 Shares of Greene County Bancorp, Inc. (NASDAQ:GCBC)

Barclays PLC lifted its holdings in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) by 370.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,723 shares of the real estate investment trust’s stock after purchasing an additional 9,229 shares during the quarter. Barclays PLC owned 0.07% of Greene County Bancorp worth $362,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Greene County Bancorp by 69.1% in 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 during the last quarter. BNP Paribas Financial Markets increased its stake in 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 valued at $129,000 after acquiring an additional 1,450 shares during the last quarter. State Street Corp increased its stake in Greene County Bancorp by 9.0% in the third quarter. State Street Corp now owns 122,592 shares of the real estate investment trust’s stock valued at $3,788,000 after acquiring an additional 10,152 shares during the last quarter. FineMark National Bank & Trust bought a new position in Greene County Bancorp in the second quarter valued at approximately $229,000. Finally, Renaissance Technologies LLC bought a new position in Greene County Bancorp in the second quarter valued at approximately $260,000. 13.39% of the stock is owned by institutional investors.

Insider Activity at Greene County Bancorp

In related news, Director Tejraj S. Hada bought 2,000 shares of the business’s stock in a transaction on Friday, November 1st. The shares were purchased at an average price of $28.00 per share, for a total transaction of $56,000.00. Following the completion of the transaction, the director now directly owns 8,651 shares of the company’s stock, valued at approximately $242,228. This represents a 30.07 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Nick Barzee bought 892 shares of the business’s stock in a transaction on Friday, October 25th. The stock was bought at an average price of $28.57 per share, for a total transaction of $25,484.44. Following the transaction, the chief financial officer now directly owns 900 shares of the company’s stock, valued at approximately $25,713. This represents 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.

Greene County Bancorp Stock Performance

Shares of NASDAQ:GCBC opened at $27.22 on Friday. The company’s 50 day simple moving average is $30.47 and its 200 day simple moving average is $31.11. The stock has a market capitalization of $463.56 million, a price-to-earnings ratio of 18.77 and a beta of 0.43. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.65 and a quick ratio of 0.65. Greene County Bancorp, Inc. has a 1 year low of $24.10 and a 1 year high of $37.25.

Greene County Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a $0.09 dividend. The ex-dividend date was Friday, November 15th. This represents a $0.36 dividend on an annualized basis and a yield of 1.32%. Greene County Bancorp’s dividend payout ratio (DPR) is 24.83%.

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.