JPMorgan Chase & Co. Acquires 5,863 Shares of Greene County Bancorp, Inc. (NASDAQ:GCBC)

JPMorgan Chase & Co. grew its holdings in Greene County Bancorp, Inc. (NASDAQ:GCBCFree Report) by 115.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,941 shares of the real estate investment trust’s stock after acquiring an additional 5,863 shares during the period. JPMorgan Chase & Co. owned about 0.06% of Greene County Bancorp worth $338,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in GCBC. BNP Paribas Financial Markets lifted 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 buying an additional 1,450 shares in the last quarter. Geode Capital Management LLC increased its holdings 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 acquiring an additional 2,458 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Greene County Bancorp by 69.1% in the 3rd 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. Renaissance Technologies LLC bought a new stake in Greene County Bancorp in the 2nd quarter valued at $260,000. Finally, Dimensional Fund Advisors LP lifted its stake 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 worth $2,182,000 after purchasing an additional 7,814 shares in the last quarter. Hedge funds and other institutional investors own 13.39% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Greene County Bancorp from a “hold” rating to a “sell” rating in a report on Friday.

Get Our Latest Report on GCBC

Greene County Bancorp Trading Down 2.9 %

GCBC stock opened at $26.60 on Friday. The firm has a fifty day moving average price of $28.61 and a 200 day moving average price of $30.50. Greene County Bancorp, Inc. has a fifty-two week low of $24.10 and a fifty-two week high of $37.25. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.65 and a current ratio of 0.65. The firm has a market cap of $453.00 million, a PE ratio of 17.16 and a beta of 0.46.

Greene County Bancorp (NASDAQ:GCBCGet Free Report) last posted its earnings results 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 in the prior year, the firm posted $0.34 EPS.

Greene County Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Friday, February 14th. Greene County Bancorp’s payout ratio is 23.23%.

Greene County Bancorp Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Greene County Bancorp (NASDAQ:GCBC)

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