Renaissance Technologies LLC Takes $260,000 Position in Greene County Bancorp, Inc. (NASDAQ:GCBC)

Renaissance Technologies LLC purchased a new position in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,700 shares of the real estate investment trust’s stock, valued at approximately $260,000.

Several other hedge funds also recently added to or reduced their stakes in GCBC. Bank of New York Mellon Corp lifted its stake in Greene County Bancorp by 1.3% in the second quarter. Bank of New York Mellon Corp now owns 22,546 shares of the real estate investment trust’s stock worth $760,000 after purchasing an additional 300 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Greene County Bancorp by 12.7% during the 1st quarter. BNP Paribas Financial Markets now owns 4,272 shares of the real estate investment trust’s stock worth $123,000 after acquiring an additional 483 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Greene County Bancorp by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 362,196 shares of the real estate investment trust’s stock worth $10,428,000 after acquiring an additional 2,407 shares during the last quarter. FineMark National Bank & Trust purchased a new position in Greene County Bancorp during the 2nd quarter valued at $229,000. Finally, Dimensional Fund Advisors LP grew its position in 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 acquiring an additional 7,814 shares during the last quarter. 13.39% of the stock is currently owned by institutional investors.

Greene County Bancorp Stock Up 0.7 %

NASDAQ:GCBC opened at $29.15 on Friday. The company has a market cap of $496.34 million, a price-to-earnings ratio of 20.24 and a beta of 0.41. Greene County Bancorp, Inc. has a twelve month low of $22.33 and a twelve month high of $37.25. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.17. The stock has a fifty day simple moving average of $30.93 and a 200-day simple moving average of $30.87.

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

Greene County Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors 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 1.23%. This is a boost from Greene County Bancorp’s previous quarterly dividend of $0.08. Greene County Bancorp’s dividend payout ratio is 25.00%.

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.