American Century Companies Inc. Acquires 125,565 Shares of Green Bancorp, Inc. (GNBC)
American Century Companies Inc. lifted its holdings in Green Bancorp, Inc. (NASDAQ:GNBC) by 238.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 178,309 shares of the financial services provider’s stock after purchasing an additional 125,565 shares during the period. American Century Companies Inc. owned about 0.48% of Green Bancorp worth $3,459,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in GNBC. TFS Capital LLC acquired a new position in shares of Green Bancorp in the 1st quarter worth approximately $191,000. Citadel Advisors LLC acquired a new position in shares of Green Bancorp in the 1st quarter worth approximately $193,000. Alliancebernstein L.P. acquired a new position in shares of Green Bancorp in the 1st quarter worth approximately $206,000. American International Group Inc. grew its stake in shares of Green Bancorp by 7.1% in the 1st quarter. American International Group Inc. now owns 12,741 shares of the financial services provider’s stock worth $227,000 after purchasing an additional 849 shares during the last quarter. Finally, Sei Investments Co. grew its stake in shares of Green Bancorp by 974.2% in the 2nd quarter. Sei Investments Co. now owns 13,986 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 12,684 shares during the last quarter. 60.71% of the stock is currently owned by institutional investors.
Several brokerages have recently issued reports on GNBC. BidaskClub raised shares of Green Bancorp from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research raised shares of Green Bancorp from a “hold” rating to a “strong-buy” rating and set a $26.00 price objective on the stock in a research note on Wednesday, August 2nd.
Green Bancorp, Inc. (NASDAQ:GNBC) opened at 20.10 on Tuesday. The stock has a 50 day moving average of $21.57 and a 200 day moving average of $19.10. Green Bancorp, Inc. has a 52 week low of $9.30 and a 52 week high of $24.10. The firm has a market cap of $744.40 million, a PE ratio of 55.07 and a beta of 2.15.
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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