Emerald Mutual Fund Advisers Trust Has $1,193,000 Stake in Green Bancorp, Inc. (NASDAQ:GNBC)

Emerald Mutual Fund Advisers Trust maintained its stake in Green Bancorp, Inc. (NASDAQ:GNBC) during the second quarter, according to its most recent filing with the SEC. The fund owned 61,496 shares of the financial services provider’s stock at the end of the second quarter. Emerald Mutual Fund Advisers Trust owned approximately 0.17% of Green Bancorp worth $1,193,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in GNBC. American International Group Inc. increased its stake in Green Bancorp by 7.1% in the first quarter. American International Group Inc. now owns 12,741 shares of the financial services provider’s stock valued at $227,000 after buying an additional 849 shares in the last quarter. Tieton Capital Management LLC increased its stake in shares of Green Bancorp by 1.5% in the first quarter. Tieton Capital Management LLC now owns 98,360 shares of the financial services provider’s stock valued at $1,751,000 after buying an additional 1,440 shares during the period. Teachers Advisors LLC increased its stake 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 period. Foresters Investment Management Company Inc. increased its stake in shares of Green Bancorp by 0.8% in the first quarter. Foresters Investment Management Company Inc. now owns 250,000 shares of the financial services provider’s stock valued at $4,450,000 after buying an additional 2,000 shares during the period. Finally, Context BH Capital Management LP increased its stake in shares of Green Bancorp by 1.4% in the first quarter. Context BH Capital Management LP now owns 404,028 shares of the financial services provider’s stock valued at $7,192,000 after buying an additional 5,614 shares during the period. Hedge funds and other institutional investors own 58.45% of the company’s stock.

Shares of Green Bancorp, Inc. (GNBC) opened at 21.95 on Friday. The company’s 50-day moving average price is $21.19 and its 200 day moving average price is $18.63. The company has a market cap of $812.92 million, a P/E ratio of 60.14 and a beta of 2.13. Green Bancorp, Inc. has a one year low of $9.30 and a one year high of $24.10.

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Several brokerages recently issued reports on GNBC. BidaskClub upgraded Green Bancorp from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Zacks Investment Research upgraded Green Bancorp from a “hold” rating to a “strong-buy” rating and set a $26.00 price target for the company in a report on Wednesday, August 2nd. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Green Bancorp currently has a consensus rating of “Buy” and an average price target of $22.00.

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.

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

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