Green Bancorp Inc (NASDAQ:GNBC) Director Associates L.L.C Istm sold 1,000,000 shares of Green Bancorp stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $23.25, for a total transaction of $23,250,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Green Bancorp Inc (GNBC) traded down $0.03 on Monday, reaching $22.37. 642,078 shares of the company’s stock traded hands, compared to its average volume of 466,528. Green Bancorp Inc has a 1-year low of $15.00 and a 1-year high of $24.40. The firm has a market capitalization of $852.80, a P/E ratio of 24.32 and a beta of 2.20. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.57.

Institutional investors and hedge funds have recently made changes to their positions in the business. Swiss National Bank acquired a new position in Green Bancorp during the second quarter valued at approximately $720,000. Northern Trust Corp raised its position in Green Bancorp by 12.4% during the second quarter. Northern Trust Corp now owns 233,980 shares of the financial services provider’s stock valued at $4,539,000 after purchasing an additional 25,884 shares in the last quarter. Phocas Financial Corp. raised its position in Green Bancorp by 4.6% during the second quarter. Phocas Financial Corp. now owns 604,901 shares of the financial services provider’s stock valued at $11,735,000 after purchasing an additional 26,829 shares in the last quarter. Vanguard Group Inc. raised its position in Green Bancorp by 8.2% during the second quarter. Vanguard Group Inc. now owns 911,761 shares of the financial services provider’s stock valued at $17,688,000 after purchasing an additional 68,783 shares in the last quarter. Finally, Susquehanna International Group LLP raised its position in 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 valued at $1,572,000 after purchasing an additional 15,955 shares in the last quarter. Institutional investors and hedge funds own 62.95% of the company’s stock.

A number of research firms have recently weighed in on GNBC. ValuEngine upgraded shares of Green Bancorp from a “hold” rating to a “buy” rating in a research report on Monday. Piper Jaffray Companies reiterated a “buy” rating and issued a $27.00 price target on shares of Green Bancorp in a research report on Monday, January 29th. BidaskClub upgraded shares of Green Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday, January 11th. Zacks Investment Research upgraded shares of Green Bancorp from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Wednesday, January 10th. Finally, SunTrust Banks restated a “hold” rating and set a $24.00 price objective on shares of Green Bancorp in a research report on Tuesday, January 9th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $24.75.

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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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