Greene County Bancorp (NASDAQ:GCBC) Share Price Crosses Below 200 Day Moving Average of $30.72

Shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $30.72 and traded as low as $30.27. Greene County Bancorp shares last traded at $30.48, with a volume of 11,895 shares traded.

Greene County Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.65 and a current ratio of 0.65. The company’s 50 day simple moving average is $32.13 and its 200 day simple moving average is $30.72. The stock has a market cap of $518.98 million, a PE ratio of 21.17 and a beta of 0.41.

Greene County Bancorp (NASDAQ:GCBC) last posted its earnings results on Tuesday, July 23rd. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter. Greene County Bancorp had a return on equity of 12.63% and a net margin of 21.07%. The firm had revenue of $16.58 million for the quarter.

Greene County Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were paid a $0.09 dividend. The ex-dividend date was Thursday, August 15th. This represents a $0.36 annualized dividend and a yield of 1.18%. This is an increase from Greene County Bancorp’s previous quarterly dividend of $0.08. Greene County Bancorp’s dividend payout ratio (DPR) is currently 25.00%.

Institutional Trading of Greene County Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Greene County Bancorp by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 362,196 shares of the real estate investment trust’s stock valued at $10,428,000 after purchasing an additional 2,407 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Greene County Bancorp by 13.7% in the second quarter. Dimensional Fund Advisors LP now owns 64,791 shares of the real estate investment trust’s stock worth $2,182,000 after buying an additional 7,814 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Greene County Bancorp by 1.3% during 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 during the period. Janus Henderson Group PLC purchased a new position in Greene County Bancorp during the first quarter worth about $272,000. Finally, Renaissance Technologies LLC bought a new position in Greene County Bancorp in the 2nd quarter worth about $260,000. Institutional investors own 13.39% of the company’s stock.

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.