Greene County Bancorp (NASDAQ:GCBC) Stock Passes Below 200 Day Moving Average – Should You Sell?

Greene County Bancorp, Inc. (NASDAQ:GCBC) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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.

Analyst Upgrades and Downgrades

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

Greene County Bancorp Trading Up 0.3 %

The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average is $27.20 and its two-hundred day moving average is $29.54. The firm has a market cap of $453.77 million, a P/E ratio of 17.19 and a beta of 0.45.

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

Greene County Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.09 per share. 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%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GCBC. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Greene County Bancorp by 9.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 17,450 shares of the real estate investment trust’s stock worth $484,000 after purchasing an additional 1,503 shares during the period. Squarepoint Ops LLC bought a new stake in shares of Greene County Bancorp during the 4th quarter valued at $271,000. Millennium Management LLC purchased a new stake in shares of Greene County Bancorp in the 4th quarter worth about $403,000. Deutsche Bank AG increased 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 worth $42,000 after acquiring an additional 1,344 shares in the last quarter. Finally, Citadel Advisors LLC increased its stake in shares of Greene County Bancorp by 27.9% in the 4th quarter. Citadel Advisors LLC now owns 29,832 shares of the real estate investment trust’s stock worth $827,000 after acquiring an additional 6,499 shares in the last quarter. Institutional investors own 13.39% of the company’s stock.

About Greene County Bancorp

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.