Stratos Wealth Partners LTD. Invests $222,000 in Greene County Bancorp, Inc. (NASDAQ:GCBC)

Stratos Wealth Partners LTD. bought a new position in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 7,872 shares of the real estate investment trust’s stock, valued at approximately $222,000.

Several other hedge funds have also modified their holdings of GCBC. Bank of New York Mellon Corp boosted its stake in shares of Greene County Bancorp by 5.4% during the 1st quarter. Bank of New York Mellon Corp now owns 15,109 shares of the real estate investment trust’s stock worth $675,000 after acquiring an additional 775 shares in the last quarter. Citigroup Inc. purchased a new stake in shares of Greene County Bancorp during the 1st quarter worth about $291,000. Dimensional Fund Advisors LP boosted its stake in shares of Greene County Bancorp by 43.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 19,616 shares of the real estate investment trust’s stock worth $879,000 after acquiring an additional 5,930 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Greene County Bancorp by 19.0% during the 1st quarter. Vanguard Group Inc. now owns 144,536 shares of the real estate investment trust’s stock worth $6,460,000 after acquiring an additional 23,121 shares in the last quarter. Finally, Morgan Dempsey Capital Management LLC purchased a new stake in shares of Greene County Bancorp during the 1st quarter worth about $1,297,000. 13.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Greene County Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, December 23rd.

Greene County Bancorp Stock Up 1.6 %

GCBC opened at $27.69 on Wednesday. Greene County Bancorp, Inc. has a twelve month low of $17.50 and a twelve month high of $36.78. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average price of $28.00 and a 200 day moving average price of $26.53. The company has a market cap of $471.56 million, a PE ratio of 17.53 and a beta of 0.42.

Greene County Bancorp (NASDAQ:GCBC) last released its quarterly earnings results on Tuesday, January 23rd. The real estate investment trust reported $0.34 earnings per share for the quarter. Greene County Bancorp had a net margin of 24.60% and a return on equity of 14.42%. The firm had revenue of $15.87 million during the quarter.

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.