SunTrust Banks reaffirmed their hold rating on shares of Green Bancorp (NASDAQ:GNBC) in a report issued on Tuesday morning. The firm currently has a $24.00 price target on the financial services provider’s stock. SunTrust Banks also issued estimates for Green Bancorp’s Q1 2018 earnings at $0.41 EPS, Q2 2018 earnings at $0.43 EPS, Q3 2018 earnings at $0.45 EPS, Q4 2018 earnings at $0.44 EPS, FY2018 earnings at $1.74 EPS and FY2019 earnings at $1.87 EPS.

GNBC has been the subject of several other reports. Zacks Investment Research downgraded Green Bancorp from a buy rating to a hold rating in a report on Tuesday, December 26th. Keefe, Bruyette & Woods restated a hold rating and issued a $23.00 price target on shares of Green Bancorp in a report on Wednesday, October 4th. BidaskClub downgraded Green Bancorp from a hold rating to a sell rating in a report on Wednesday, December 27th. ValuEngine downgraded Green Bancorp from a buy rating to a hold rating in a report on Friday, December 1st. Finally, Piper Jaffray Companies restated a buy rating and issued a $26.00 price target on shares of Green Bancorp in a report on Friday, October 27th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $24.50.

Shares of Green Bancorp (GNBC) opened at $23.40 on Tuesday. Green Bancorp has a fifty-two week low of $13.15 and a fifty-two week high of $24.40. The stock has a market capitalization of $872.37, a PE ratio of 25.71 and a beta of 2.11. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 0.57.

Several hedge funds have recently bought and sold shares of the company. Martingale Asset Management L P boosted its position in shares of Green Bancorp by 0.4% during the second quarter. Martingale Asset Management L P now owns 82,842 shares of the financial services provider’s stock worth $1,608,000 after buying an additional 300 shares during the period. Wells Fargo & Company MN boosted its position in shares of Green Bancorp by 2.3% during the second quarter. Wells Fargo & Company MN now owns 15,037 shares of the financial services provider’s stock worth $291,000 after buying an additional 341 shares during the period. Parametric Portfolio Associates LLC boosted its position in shares of Green Bancorp by 2.7% during the second quarter. Parametric Portfolio Associates LLC now owns 24,570 shares of the financial services provider’s stock worth $477,000 after buying an additional 647 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Green Bancorp by 3.2% during the second quarter. Goldman Sachs Group Inc. now owns 21,108 shares of the financial services provider’s stock worth $409,000 after buying an additional 654 shares during the period. Finally, Context BH Capital Management LP boosted its position in shares of Green Bancorp by 0.4% during the second quarter. Context BH Capital Management LP now owns 405,612 shares of the financial services provider’s stock worth $7,869,000 after buying an additional 1,584 shares during the period. 63.25% of the stock is owned by institutional investors.

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About Green Bancorp

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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