Greene County Bancorp (NASDAQ:GCBC) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Greene County Bancorp, Inc. (NASDAQ:GCBC) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $29.27 and traded as low as $25.16. Greene County Bancorp shares last traded at $25.84, with a volume of 21,620 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com cut Greene County Bancorp from a “hold” rating to a “sell” rating in a report on Monday, February 17th.

Greene County Bancorp Price Performance

The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.03. The firm has a market cap of $439.98 million, a P/E ratio of 16.67 and a beta of 0.43. The business has a fifty day moving average of $26.73 and a 200 day moving average of $29.27.

Greene County Bancorp (NASDAQ:GCBC) last issued 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 net margin of 21.02% and a return on equity of 12.55%. During the same quarter in the prior year, the firm earned $0.34 earnings per share.

Greene County Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.36 annualized dividend and a yield of 1.39%. Greene County Bancorp’s dividend payout ratio (DPR) is presently 23.23%.

Insiders Place Their Bets

In other news, Director Jay P. Cahalan acquired 1,944 shares of the stock in a transaction on Thursday, February 27th. The stock was acquired at an average cost of $26.45 per share, for a total transaction of $51,418.80. Following the completion of the transaction, the director now directly owns 29,324 shares in the company, valued at approximately $775,619.80. This trade represents a 7.10 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Barclays PLC raised its position in Greene County Bancorp by 8.4% during the fourth quarter. Barclays PLC now owns 12,703 shares of the real estate investment trust’s stock valued at $352,000 after purchasing an additional 980 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Greene County Bancorp by 1.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 75,670 shares of the real estate investment trust’s stock worth $2,098,000 after buying an additional 1,025 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Greene County Bancorp by 248.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,530 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 1,091 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Greene County Bancorp by 9.5% during the fourth quarter. Wells Fargo & Company MN now owns 12,883 shares of the real estate investment trust’s stock worth $357,000 after buying an additional 1,114 shares during the last quarter. Finally, Deutsche Bank AG grew its stake in shares of Greene County Bancorp by 759.3% during the fourth quarter. Deutsche Bank AG now owns 1,521 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 1,344 shares during the last quarter. 13.39% of the stock is currently owned by institutional investors and hedge funds.

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.