Stoneridge Investment Partners LLC Buys Shares of 13,155 Greene County Bancorp, Inc. (NASDAQ:GCBC)

Stoneridge Investment Partners LLC purchased a new position in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 13,155 shares of the real estate investment trust’s stock, valued at approximately $365,000. Stoneridge Investment Partners LLC owned approximately 0.08% of Greene County Bancorp at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of GCBC. Dimensional Fund Advisors LP grew its stake 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 worth $2,182,000 after acquiring an additional 7,814 shares during the period. Renaissance Technologies LLC acquired a new stake in Greene County Bancorp in the 2nd quarter worth about $260,000. BNP Paribas Financial Markets grew its holdings in Greene County Bancorp by 53.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,165 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 1,450 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Greene County Bancorp by 69.1% during the 3rd 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 valued at $493,000 after acquiring an additional 6,517 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Greene County Bancorp by 9.0% during the 3rd 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. Institutional investors and hedge funds own 13.39% of the company’s stock.

Analyst Ratings Changes

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

Greene County Bancorp Trading Down 1.5 %

NASDAQ GCBC opened at $26.60 on Friday. The firm has a market capitalization of $453.00 million, a price-to-earnings ratio of 17.16 and a beta of 0.45. 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, Inc. has a one year low of $25.25 and a one year high of $37.25. The company’s 50 day moving average price is $28.09 and its 200 day moving average price is $30.16.

Greene County Bancorp (NASDAQ:GCBC) last announced its quarterly earnings results on Wednesday, January 22nd. The real estate investment trust reported $0.44 earnings per share for the quarter. Greene County Bancorp had a net margin of 21.02% and a return on equity of 12.72%. During the same quarter in the previous year, the business posted $0.34 earnings per share.

Greene County Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.36 annualized dividend and a dividend yield of 1.35%. Greene County Bancorp’s payout ratio is currently 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.