Dimensional Fund Advisors LP Purchases 154,167 Shares of Green Bancorp, Inc. (GNBC)

Dimensional Fund Advisors LP boosted its position in shares of Green Bancorp, Inc. (NASDAQ:GNBC) by 44.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 500,958 shares of the financial services provider’s stock after purchasing an additional 154,167 shares during the quarter. Dimensional Fund Advisors LP owned about 1.35% of Green Bancorp worth $9,719,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Martingale Asset Management L P raised its holdings in Green Bancorp by 0.4% during the 2nd quarter. Martingale Asset Management L P now owns 82,842 shares of the financial services provider’s stock worth $1,608,000 after purchasing an additional 300 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Green Bancorp by 2.3% during the 2nd quarter. Wells Fargo & Company MN now owns 15,037 shares of the financial services provider’s stock worth $291,000 after purchasing an additional 341 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in shares of Green Bancorp by 2.7% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 24,570 shares of the financial services provider’s stock worth $477,000 after buying an additional 647 shares during the period. American International Group Inc. grew its position in shares of Green Bancorp by 7.1% during the 1st quarter. American International Group Inc. now owns 12,741 shares of the financial services provider’s stock worth $227,000 after buying an additional 849 shares during the period. Finally, Context BH Capital Management LP grew its position in shares of Green Bancorp by 0.4% during the 2nd quarter. Context BH Capital Management LP now owns 405,612 shares of the financial services provider’s stock worth $7,869,000 after buying an additional 1,584 shares during the period. 61.12% of the stock is owned by hedge funds and other institutional investors.

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Several research firms have recently issued reports on GNBC. Zacks Investment Research lowered Green Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Keefe, Bruyette & Woods restated a “hold” rating and set a $23.00 target price on shares of Green Bancorp in a research report on Wednesday, October 4th. SunTrust Banks, Inc. restated a “hold” rating and set a $23.00 target price on shares of Green Bancorp in a research report on Friday, October 27th. Piper Jaffray Companies restated a “buy” rating and set a $26.00 target price on shares of Green Bancorp in a research report on Friday, October 27th. Finally, BidaskClub upgraded Green Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $24.75.

Green Bancorp, Inc. (NASDAQ GNBC) opened at $21.35 on Friday. The stock has a market capitalization of $795.95, a PE ratio of 22.63 and a beta of 2.15. Green Bancorp, Inc. has a 12-month low of $12.10 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.

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

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