Greene County Bancorp (NASDAQ:GCBC) Downgraded by StockNews.com to “Sell”

StockNews.com cut shares of Greene County Bancorp (NASDAQ:GCBC) from a hold rating to a sell rating in a research report report published on Monday.

Greene County Bancorp Stock Up 2.3 %

NASDAQ GCBC opened at $27.40 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.65 and a quick ratio of 0.65. The stock has a market capitalization of $466.62 million, a PE ratio of 17.68 and a beta of 0.45. Greene County Bancorp has a 1 year low of $25.25 and a 1 year high of $37.25. The business’s 50-day moving average is $27.71 and its 200 day moving average is $29.72.

Greene County Bancorp (NASDAQ:GCBC) last posted its quarterly earnings data on Wednesday, January 22nd. The real estate investment trust reported $0.44 earnings per share for the quarter. Greene County Bancorp had a return on equity of 12.72% and a net margin of 21.02%. During the same quarter in the previous year, the business posted $0.34 EPS.

Greene County Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.36 annualized dividend and a yield of 1.31%. Greene County Bancorp’s payout ratio is 23.23%.

Institutional Trading of Greene County Bancorp

Large investors have recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new stake in shares of Greene County Bancorp in the 4th quarter worth approximately $39,000. Deutsche Bank AG boosted its position in shares of Greene County Bancorp by 759.3% in the 4th quarter. Deutsche Bank AG now owns 1,521 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 1,344 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Greene County Bancorp by 248.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,530 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 1,091 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Greene County Bancorp in the 4th quarter worth approximately $100,000. Finally, BNP Paribas Financial Markets boosted its position in shares of Greene County Bancorp by 53.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,165 shares of the real estate investment trust’s stock worth $129,000 after purchasing an additional 1,450 shares in the last quarter. 13.39% of the stock is owned by institutional investors.

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.