Greene County Bancorp (NASDAQ:GCBC) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Greene County Bancorp, Inc. (NASDAQ:GCBC) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $30.50 and traded as low as $26.59. Greene County Bancorp shares last traded at $26.60, with a volume of 15,883 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com downgraded Greene County Bancorp from a “hold” rating to a “sell” rating in a research note on Friday.

Greene County Bancorp Stock Down 2.9 %

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 business has a fifty day moving average price of $28.61 and a two-hundred day moving average price of $30.50. The firm has a market capitalization of $453.00 million, a price-to-earnings ratio of 17.16 and a beta of 0.46.

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

Greene County Bancorp Dividend Announcement

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

Institutional Investors Weigh In On Greene County Bancorp

A number of large investors have recently made changes to their positions in GCBC. Dimensional Fund Advisors LP grew its stake in shares of 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 valued at $2,182,000 after buying an additional 7,814 shares during the period. Renaissance Technologies LLC acquired a new position in Greene County Bancorp in the second quarter valued at approximately $260,000. BNP Paribas Financial Markets grew its position 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 worth $129,000 after acquiring an additional 1,450 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Greene County Bancorp by 69.1% during 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 worth $493,000 after acquiring an additional 6,517 shares during the last quarter. Finally, State Street Corp raised its position 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 purchasing an additional 10,152 shares during the period. 13.39% of the stock is currently owned by hedge funds and other institutional investors.

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.