Macquarie Group Ltd. Invests $159,000 in Green Bancorp, Inc. (GNBC)

Macquarie Group Ltd. acquired a new stake in Green Bancorp, Inc. (NASDAQ:GNBC) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,736 shares of the financial services provider’s stock, valued at approximately $159,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. California Public Employees Retirement System acquired a new position in Green Bancorp in the 2nd quarter valued at $246,000. Sei Investments Co. increased its stake in Green Bancorp by 974.2% in the 2nd quarter. Sei Investments Co. now owns 13,986 shares of the financial services provider’s stock valued at $271,000 after buying an additional 12,684 shares during the period. Wells Fargo & Company MN increased its stake in Green Bancorp by 2.3% in the 2nd 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. Alliancebernstein L.P. increased its stake in Green Bancorp by 61.2% in the 2nd 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. Finally, Goldman Sachs Group Inc. acquired a new position in Green Bancorp in the 1st quarter valued at $364,000. 63.25% of the stock is currently owned by institutional investors.

GNBC has been the topic of several recent research reports. Piper Jaffray Companies reissued a “buy” rating and issued 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 Monday, November 20th. ValuEngine cut shares of Green Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. SunTrust Banks reissued a “hold” rating and issued a $23.00 price objective on shares of Green Bancorp in a research note on Friday, October 27th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $23.00 price objective on shares of Green Bancorp in a research note on Wednesday, October 4th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $24.25.

Shares of Green Bancorp, Inc. (GNBC) opened at $21.65 on Friday. The company has a market cap of $807.13, a price-to-earnings ratio of 23.33 and a beta of 2.12. Green Bancorp, Inc. has a 1 year low of $13.15 and a 1 year high of $24.40. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.94 and a current ratio of 0.95.

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

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