BidaskClub cut shares of Greene County Bancorp (NASDAQ:GCBC) from a buy rating to a hold rating in a research report report published on Monday.

Shares of NASDAQ GCBC traded down $0.39 during trading on Monday, reaching $30.33. 283 shares of the company traded hands, compared to its average volume of 3,494. The firm has a market capitalization of $264.24 million, a P/E ratio of 17.58 and a beta of 0.54. Greene County Bancorp has a 12-month low of $28.85 and a 12-month high of $38.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.71 and a current ratio of 0.71.

Greene County Bancorp (NASDAQ:GCBC) last released its quarterly earnings data on Wednesday, October 24th. The real estate investment trust reported $0.51 earnings per share for the quarter. The business had revenue of $11.71 million during the quarter. Greene County Bancorp had a return on equity of 15.94% and a net margin of 31.50%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. raised its stake in shares of Greene County Bancorp by 17.2% during the 2nd quarter. BlackRock Inc. now owns 139,298 shares of the real estate investment trust’s stock valued at $4,723,000 after buying an additional 20,485 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Greene County Bancorp by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 122,262 shares of the real estate investment trust’s stock valued at $3,925,000 after buying an additional 2,718 shares during the last quarter. Finally, Vanguard Group Inc raised its stake in shares of Greene County Bancorp by 2.3% during the 3rd quarter. Vanguard Group Inc now owns 122,262 shares of the real estate investment trust’s stock valued at $3,925,000 after buying an additional 2,718 shares during the last quarter. Institutional investors and hedge funds own 4.86% 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. Its deposit products include savings, NOW accounts, money market accounts, certificates of deposit and non-interest bearing checking accounts, and individual retirement accounts.

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