Geode Capital Management LLC Has $5.05 Million Stock Holdings in Greene County Bancorp, Inc. (NASDAQ:GCBC)

Geode Capital Management LLC raised its position in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) by 1.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,326 shares of the real estate investment trust’s stock after purchasing an additional 2,458 shares during the period. Geode Capital Management LLC owned approximately 0.96% of Greene County Bancorp worth $5,048,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Bank of New York Mellon Corp boosted its stake in Greene County Bancorp by 1.3% in the second 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 buying an additional 300 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of 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 valued at $129,000 after purchasing an additional 1,450 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position 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 in the last quarter. FineMark National Bank & Trust bought a new position in Greene County Bancorp in the 2nd quarter valued at approximately $229,000. Finally, Renaissance Technologies LLC acquired a new stake in Greene County Bancorp in the second quarter valued at approximately $260,000. Institutional investors and hedge funds own 13.39% of the company’s stock.

Insider Transactions at Greene County Bancorp

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

Greene County Bancorp Stock Up 1.1 %

Shares of NASDAQ:GCBC opened at $27.22 on Friday. Greene County Bancorp, Inc. has a 52-week low of $24.10 and a 52-week high of $37.25. The company has a market capitalization of $463.56 million, a PE ratio of 18.77 and a beta of 0.43. 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 company has a fifty day moving average of $30.47 and a 200-day moving average of $31.11.

Greene County Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were given a $0.09 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.36 annualized dividend and a yield of 1.32%. Greene County Bancorp’s dividend payout ratio is presently 24.83%.

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.