BidaskClub upgraded shares of Green Bancorp (NASDAQ:GNBC) from a sell rating to a hold rating in a research report released on Thursday morning.

Other analysts have also recently issued reports about the stock. Piper Jaffray Companies reaffirmed a buy rating and set a $26.00 price objective on shares of Green Bancorp in a research note on Friday, October 27th. Zacks Investment Research raised shares of Green Bancorp from a hold rating to a buy rating and set a $24.00 price objective on the stock in a research note on Wednesday, January 10th. SunTrust Banks reaffirmed a hold rating and set a $23.00 price objective on shares of Green Bancorp in a research note on Friday, October 27th. ValuEngine cut shares of Green Bancorp from a buy rating to a hold rating in a research note on Friday, December 1st. Finally, Keefe, Bruyette & Woods reaffirmed a hold rating and set a $23.00 price objective on shares of Green Bancorp in a research note on Wednesday, October 4th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $24.50.

Shares of Green Bancorp (NASDAQ GNBC) traded up $0.30 during trading on Thursday, reaching $23.40. 157,200 shares of the company’s stock traded hands, compared to its average volume of 166,511. 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 company has a market capitalization of $872.37, a PE ratio of 25.71 and a beta of 2.11. Green Bancorp has a 1 year low of $13.15 and a 1 year high of $24.40.

Green Bancorp (NASDAQ:GNBC) last issued its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.32 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.01). Green Bancorp had a return on equity of 7.70% and a net margin of 18.70%. equities analysts expect that Green Bancorp will post 1.19 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in GNBC. Macquarie Group Ltd. bought a new stake in shares of Green Bancorp during the third quarter valued at approximately $159,000. California Public Employees Retirement System bought a new stake in shares of Green Bancorp during the second quarter valued at approximately $246,000. Wells Fargo & Company MN grew its stake 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 valued at $291,000 after purchasing an additional 341 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of Green Bancorp by 61.2% during the second quarter. Alliancebernstein L.P. now owns 18,700 shares of the financial services provider’s stock valued at $363,000 after purchasing an additional 7,100 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. bought a new stake in shares of Green Bancorp during the second quarter valued at approximately $368,000. 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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