Greene County Bancorp (NASDAQ:GCBC) Shares Cross Below 200-Day Moving Average – What’s Next?

Greene County Bancorp, Inc. (NASDAQ:GCBC) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $29.54 and traded as low as $26.48. Greene County Bancorp shares last traded at $26.65, with a volume of 21,195 shares changing hands.

Wall Street Analyst Weigh In

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

Greene County Bancorp Price Performance

The business has a 50 day simple moving average of $27.20 and a two-hundred day simple moving average of $29.54. The firm has a market capitalization of $453.77 million, a P/E ratio of 17.19 and a beta of 0.45. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.63 and a current ratio of 0.63.

Greene County Bancorp (NASDAQ:GCBC) last released its earnings results on Wednesday, January 22nd. The real estate investment trust reported $0.44 EPS for the quarter. Greene County Bancorp had a return on equity of 12.55% and a net margin of 21.02%. During the same period in the previous year, the firm earned $0.34 EPS.

Greene County Bancorp Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.35%. Greene County Bancorp’s dividend payout ratio is 23.23%.

Institutional Trading of Greene County Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the company. Barclays PLC raised its position in Greene County Bancorp by 8.4% in the 4th quarter. Barclays PLC now owns 12,703 shares of the real estate investment trust’s stock worth $352,000 after purchasing an additional 980 shares during the period. 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 valued at $2,098,000 after buying an additional 1,025 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Greene County Bancorp by 248.5% in 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 period. Wells Fargo & Company MN lifted its stake in shares of Greene County Bancorp by 9.5% in the 4th quarter. Wells Fargo & Company MN now owns 12,883 shares of the real estate investment trust’s stock valued at $357,000 after acquiring an additional 1,114 shares during the last quarter. Finally, Deutsche Bank AG lifted its stake in shares of Greene County Bancorp by 759.3% in the 4th quarter. Deutsche Bank AG now owns 1,521 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 1,344 shares during the last quarter. Hedge funds and other 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.