Rhumbline Advisers Decreases Holdings in Greene County Bancorp, Inc. (NASDAQ:GCBC)

Rhumbline Advisers trimmed its holdings in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) by 5.6% in the second quarter, Holdings Channel reports. The institutional investor owned 9,033 shares of the real estate investment trust’s stock after selling 531 shares during the period. Rhumbline Advisers’ holdings in Greene County Bancorp were worth $304,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its holdings in Greene County Bancorp by 1.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 22,546 shares of the real estate investment trust’s stock worth $760,000 after buying an additional 300 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Greene County Bancorp by 12.7% in the 1st quarter. BNP Paribas Financial Markets now owns 4,272 shares of the real estate investment trust’s stock valued at $123,000 after purchasing an additional 483 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of 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 last quarter. Finally, Janus Henderson Group PLC purchased a new stake in shares of Greene County Bancorp in the 1st quarter valued at about $272,000. 13.39% of the stock is owned by hedge funds and other institutional investors.

Greene County Bancorp Stock Up 0.5 %

Greene County Bancorp stock opened at $30.48 on Friday. Greene County Bancorp, Inc. has a fifty-two week low of $22.33 and a fifty-two week high of $37.25. 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 has a market capitalization of $518.98 million, a P/E ratio of 21.17 and a beta of 0.41. The stock has a 50-day simple moving average of $32.13 and a 200-day simple moving average of $30.72.

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 for the quarter. Greene County Bancorp had a return on equity of 12.63% and a net margin of 21.07%. The business had revenue of $16.58 million during the quarter.

Greene County Bancorp Increases Dividend

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

Greene County Bancorp 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.