Eagle Boston Investment Management Inc. lifted its position in shares of Green Bancorp, Inc. (NASDAQ:GNBC) by 23.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 125,971 shares of the financial services provider’s stock after acquiring an additional 23,531 shares during the quarter. Eagle Boston Investment Management Inc. owned 0.34% of Green Bancorp worth $2,443,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in GNBC. Teachers Advisors LLC raised its position in shares of Green Bancorp by 6.2% in the fourth quarter. Teachers Advisors LLC now owns 28,488 shares of the financial services provider’s stock valued at $433,000 after buying an additional 1,656 shares during the last quarter. Nationwide Fund Advisors raised its position in shares of Green Bancorp by 385.9% in the first quarter. Nationwide Fund Advisors now owns 80,418 shares of the financial services provider’s stock valued at $1,431,000 after buying an additional 63,866 shares during the last quarter. State Board of Administration of Florida Retirement System acquired a new position in shares of Green Bancorp in the first quarter valued at approximately $602,000. American Century Companies Inc. acquired a new position in Green Bancorp during the first quarter worth approximately $939,000. Finally, Bank of New York Mellon Corp increased its position in Green Bancorp by 32.3% during the first quarter. Bank of New York Mellon Corp now owns 92,323 shares of the financial services provider’s stock worth $1,644,000 after purchasing an additional 22,515 shares during the last quarter. 60.71% of the stock is currently owned by hedge funds and other institutional investors.
GNBC has been the subject of several research analyst reports. Zacks Investment Research lowered shares of Green Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th. BidaskClub lowered shares of Green Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.
Green Bancorp, Inc. (GNBC) traded up 1.17% on Friday, reaching $21.55. 256,049 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $21.60 and a 200 day moving average of $19.19. The stock has a market capitalization of $798.10 million, a PE ratio of 59.04 and a beta of 2.15. Green Bancorp, Inc. has a 12 month low of $9.30 and a 12 month high of $24.10.
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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