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

Stoneridge Investment Partners LLC bought a new position in Greene County Bancorp, Inc. (NASDAQ:GCBC) in the 4th quarter, Holdings Channel.com reports. The fund bought 13,155 shares of the real estate investment trust’s stock, valued at approximately $365,000.

A number of other institutional investors have also modified their holdings of GCBC. Geode Capital Management LLC raised its stake in Greene County Bancorp by 1.5% during the third quarter. Geode Capital Management LLC now owns 163,326 shares of the real estate investment trust’s stock valued at $5,048,000 after buying an additional 2,458 shares in the last quarter. State Street Corp increased its holdings in shares of Greene County Bancorp by 9.0% in the 3rd quarter. State Street Corp now owns 122,592 shares of the real estate investment trust’s stock valued at $3,788,000 after acquiring an additional 10,152 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Greene County Bancorp by 13.7% during 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Greene County Bancorp by 69.1% during the third 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 worth $493,000 after purchasing an additional 6,517 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Greene County Bancorp by 370.0% during the third quarter. Barclays PLC now owns 11,723 shares of the real estate investment trust’s stock worth $362,000 after purchasing an additional 9,229 shares during the period. Institutional investors and hedge funds own 13.39% of the company’s stock.

Analyst Ratings Changes

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

Greene County Bancorp Price Performance

NASDAQ GCBC opened at $26.60 on Friday. The company has a 50-day moving average price of $28.09 and a two-hundred day moving average price of $30.16. The stock has a market cap of $453.00 million, a price-to-earnings ratio of 17.16 and a beta of 0.45. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.14. Greene County Bancorp, Inc. has a 52 week low of $25.25 and a 52 week high of $37.25.

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

Greene County Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.09 dividend. The ex-dividend date 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 (DPR) is 23.23%.

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.