SG Americas Securities LLC Invests $100,000 in Greene County Bancorp, Inc. (NASDAQ:GCBC)

SG Americas Securities LLC purchased a new position in Greene County Bancorp, Inc. (NASDAQ:GCBC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,624 shares of the real estate investment trust’s stock, valued at approximately $100,000.

A number of other large investors have also recently made changes to their positions in the stock. Geode Capital Management LLC boosted its holdings in shares of Greene County Bancorp by 1.5% in the third quarter. Geode Capital Management LLC now owns 163,326 shares of the real estate investment trust’s stock worth $5,048,000 after acquiring an additional 2,458 shares during the period. State Street Corp boosted its holdings in shares of 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 worth $3,788,000 after acquiring an additional 10,152 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Greene County Bancorp by 69.1% in 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 period. Barclays PLC boosted its holdings in shares of Greene County Bancorp by 370.0% in the third quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust’s stock worth $362,000 after acquiring an additional 9,229 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Greene County Bancorp by 115.5% in the third quarter. JPMorgan Chase & Co. now owns 10,941 shares of the real estate investment trust’s stock worth $338,000 after acquiring an additional 5,863 shares during the period. 13.39% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Greene County Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, February 8th.

Greene County Bancorp Price Performance

NASDAQ:GCBC opened at $26.71 on Thursday. The firm has a market capitalization of $454.87 million, a price-to-earnings ratio of 17.23 and a beta of 0.45. Greene County Bancorp, Inc. has a 52-week low of $25.25 and a 52-week high of $37.25. The stock has a fifty day moving average of $27.92 and a 200 day moving average of $29.93. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.65 and a current ratio of 0.65.

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 (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 quarter last year, the business earned $0.34 earnings per share.

Greene County Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend 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 23.23%.

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.