Nuveen LLC Invests $624,000 in Greene County Bancorp, Inc. $GCBC

Nuveen LLC bought a new stake in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 25,876 shares of the real estate investment trust’s stock, valued at approximately $624,000. Nuveen LLC owned about 0.15% of Greene County Bancorp at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Barclays PLC lifted its position in Greene County Bancorp by 8.4% in the fourth 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 lifted its holdings in shares of Greene County Bancorp by 1.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 75,670 shares of the real estate investment trust’s stock worth $2,098,000 after acquiring an additional 1,025 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Greene County Bancorp by 248.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,530 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 1,091 shares in the last quarter. Northern Trust Corp boosted its position in shares of Greene County Bancorp by 2.5% during the 4th quarter. Northern Trust Corp now owns 66,422 shares of the real estate investment trust’s stock valued at $1,841,000 after acquiring an additional 1,632 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Greene County Bancorp by 26.0% in the fourth quarter. Bank of America Corp DE now owns 7,010 shares of the real estate investment trust’s stock valued at $194,000 after acquiring an additional 1,447 shares during the period. 13.39% of the stock is owned by institutional investors.

Greene County Bancorp Stock Down 4.0%

Shares of GCBC opened at $23.01 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.64 and a quick ratio of 0.64. Greene County Bancorp, Inc. has a 1 year low of $20.00 and a 1 year high of $35.34. The stock has a 50 day simple moving average of $24.13 and a 200-day simple moving average of $23.47.

Greene County Bancorp (NASDAQ:GCBC) last announced its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.55 EPS for the quarter. Greene County Bancorp had a return on equity of 14.07% and a net margin of 23.42%.The business had revenue of $20.47 million for the quarter.

Greene County Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.7%. This is an increase from Greene County Bancorp’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, August 15th. Greene County Bancorp’s payout ratio is currently 21.86%.

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.