State Street Corp Increases Holdings in Greene County Bancorp, Inc. (NASDAQ:GCBC)

State Street Corp boosted its holdings in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) by 9.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 122,592 shares of the real estate investment trust’s stock after acquiring an additional 10,152 shares during the quarter. State Street Corp owned about 0.72% of Greene County Bancorp worth $3,788,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets lifted its holdings in Greene County Bancorp by 53.4% during the 3rd 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. FineMark National Bank & Trust purchased a new position in Greene County Bancorp in the second quarter valued at $229,000. Renaissance Technologies LLC acquired a new position in Greene County Bancorp during the 2nd quarter worth $260,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Greene County Bancorp by 69.1% during 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 worth $493,000 after purchasing an additional 6,517 shares during the period. Finally, Bank of New York Mellon Corp raised its position in 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 valued at $760,000 after purchasing an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 13.39% of the company’s stock.

Greene County Bancorp Stock Down 0.7 %

Greene County Bancorp stock opened at $27.70 on Tuesday. The stock has a market cap of $471.65 million, a PE ratio of 19.10 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. The stock’s fifty day moving average is $30.56 and its two-hundred day moving average is $31.21. 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 issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.36 annualized dividend and a yield of 1.30%. Greene County Bancorp’s dividend payout ratio is presently 24.83%.

Insider Buying and Selling at Greene County Bancorp

In related news, Director Tejraj S. Hada bought 2,000 shares of the company’s stock in a transaction dated Friday, November 1st. The stock was bought at an average price of $28.00 per share, with a total value of $56,000.00. Following the transaction, the director now owns 8,651 shares of the company’s stock, valued at approximately $242,228. This trade represents a 30.07 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Nick Barzee acquired 892 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were acquired at an average cost of $28.57 per share, with a total value of $25,484.44. Following the transaction, the chief financial officer now owns 900 shares in the company, valued at approximately $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.