TIAA CREF Investment Management LLC increased its position in Green Bancorp, Inc. (NASDAQ:GNBC) by 39.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,373 shares of the financial services provider’s stock after buying an additional 24,382 shares during the period. TIAA CREF Investment Management LLC’s holdings in Green Bancorp were worth $1,537,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in Green Bancorp by 790.3% in the first quarter. JPMorgan Chase & Co. now owns 277,616 shares of the financial services provider’s stock worth $4,942,000 after buying an additional 246,435 shares during the last quarter. Hennessy Advisors Inc. raised its position in Green Bancorp by 242.1% in the first quarter. Hennessy Advisors Inc. now owns 325,000 shares of the financial services provider’s stock worth $5,785,000 after buying an additional 230,000 shares during the last quarter. Patriot Financial Partners GP LP raised its position in Green Bancorp by 57.8% in the first quarter. Patriot Financial Partners GP LP now owns 545,919 shares of the financial services provider’s stock worth $9,717,000 after buying an additional 200,000 shares during the last quarter. Wellington Management Group LLP bought a new position in Green Bancorp during the first quarter worth approximately $2,240,000. Finally, Dimensional Fund Advisors LP raised its position in Green Bancorp by 236.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 161,870 shares of the financial services provider’s stock worth $2,460,000 after buying an additional 113,696 shares during the last quarter. 56.92% of the stock is owned by hedge funds and other institutional investors.

Green Bancorp, Inc. (GNBC) traded down 0.45% during trading on Friday, hitting $21.90. The stock had a trading volume of 166,604 shares. The company has a 50-day moving average price of $20.77 and a 200-day moving average price of $18.41. Green Bancorp, Inc. has a 52-week low of $9.30 and a 52-week high of $24.10. The company has a market cap of $811.07 million, a price-to-earnings ratio of 60.00 and a beta of 2.13.

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GNBC has been the subject of a number of analyst reports. Zacks Investment Research raised Green Bancorp from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Tuesday, May 9th. BidaskClub lowered Green Bancorp from a “buy” rating to a “hold” rating in a report on Monday, July 24th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $22.00.

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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Institutional Ownership by Quarter for Green Bancorp (NASDAQ:GNBC)

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