ValuEngine upgraded shares of Green Bancorp (NASDAQ:GNBC) from a hold rating to a buy rating in a report issued on Monday.

GNBC has been the subject of several other research reports. Zacks Investment Research lowered Green Bancorp from a hold rating to a sell rating in a research report on Wednesday, October 11th. 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. SunTrust Banks reiterated a hold rating and issued a $23.00 price target on shares of Green Bancorp in a research report on Friday, October 27th. Keefe, Bruyette & Woods reiterated a hold rating and issued a $24.00 price target on shares of Green Bancorp in a research report on Thursday, October 26th. Finally, BidaskClub lowered Green Bancorp from a hold rating to a sell rating in a research report on Wednesday, December 27th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of Buy and an average price target of $24.75.

Green Bancorp (NASDAQ GNBC) traded up $0.07 on Monday, reaching $22.45. The company had a trading volume of 28,306 shares, compared to its average volume of 447,934. The stock has a market capitalization of $831.41, a price-to-earnings ratio of 18.51 and a beta of 2.20. Green Bancorp has a 12 month low of $15.00 and a 12 month high of $24.40. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.57.

In other Green Bancorp news, Director Associates L.L.C Istm sold 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $23.25, for a total transaction of $23,250,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 16.23% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in GNBC. Schwab Charles Investment Management Inc. boosted its position in shares of Green Bancorp by 33.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 39,100 shares of the financial services provider’s stock valued at $759,000 after buying an additional 9,900 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Green Bancorp by 11.0% during the second quarter. Bank of New York Mellon Corp now owns 102,473 shares of the financial services provider’s stock valued at $1,988,000 after buying an additional 10,150 shares during the period. Swiss National Bank purchased a new position in shares of Green Bancorp during the second quarter valued at approximately $720,000. 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 valued at $291,000 after buying an additional 341 shares during the period. Finally, Alliancebernstein L.P. boosted its position 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 buying an additional 7,100 shares during the period. Institutional investors and hedge funds own 62.95% of the company’s stock.

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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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