Shares of Green Bancorp Inc (NASDAQ:GNBC) have been given an average rating of “Hold” by the six brokerages that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $24.50.

GNBC has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Green Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 2nd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $23.00 target price on shares of Green Bancorp in a research report on Wednesday, October 4th. ValuEngine cut shares of Green Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub cut shares of Green Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $24.00 target price on shares of Green Bancorp in a research report on Tuesday.

Green Bancorp (GNBC) traded up $0.30 during midday trading on Wednesday, reaching $23.40. 157,231 shares of the company’s stock were exchanged, compared to its average volume of 178,906. Green Bancorp has a 52 week low of $13.15 and a 52 week high of $24.40. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.95 and a quick ratio of 0.94. The firm has a market capitalization of $861.19, a PE ratio of 25.44 and a beta of 2.11.

Several institutional investors and hedge funds have recently modified their holdings of the company. Susquehanna International Group LLP lifted its position in shares of Green Bancorp by 31.6% during the third quarter. Susquehanna International Group LLP now owns 66,465 shares of the financial services provider’s stock worth $1,572,000 after purchasing an additional 15,955 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Green Bancorp by 92.3% during the third quarter. California Public Employees Retirement System now owns 24,427 shares of the financial services provider’s stock worth $578,000 after purchasing an additional 11,727 shares in the last quarter. King Luther Capital Management Corp acquired a new stake in shares of Green Bancorp during the third quarter worth about $1,526,000. Convergence Investment Partners LLC acquired a new stake in shares of Green Bancorp during the third quarter worth about $917,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Green Bancorp by 43.1% during the third quarter. Dimensional Fund Advisors LP now owns 716,623 shares of the financial services provider’s stock worth $16,948,000 after purchasing an additional 215,665 shares in the last quarter. 63.25% of the stock is currently owned by institutional investors and hedge funds.

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Green Bancorp Company Profile

Green Bancorp, Inc is a bank holding company. As of December 31, 2016, the Company’s subsidiary, Green Bank, N.A., a nationally chartered commercial bank, provided commercial and private banking services primarily to Texas based customers through 22 full service branches in the Houston and Dallas metropolitan statistical areas (MSAs) and other markets.

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