BlackRock Inc. increased its position in Green Bancorp Inc (NASDAQ:GNBC) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,979,222 shares of the financial services provider’s stock after acquiring an additional 129,062 shares during the period. BlackRock Inc. owned approximately 10.65% of Green Bancorp worth $68,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently modified their holdings of GNBC. Oregon Public Employees Retirement Fund purchased a new position in Green Bancorp in the fourth quarter valued at about $173,000. MetLife Investment Advisors LLC grew its holdings in Green Bancorp by 54.7% during the third quarter. MetLife Investment Advisors LLC now owns 17,457 shares of the financial services provider’s stock valued at $386,000 after purchasing an additional 6,172 shares during the period. American International Group Inc. grew its holdings in Green Bancorp by 17.1% during the third quarter. American International Group Inc. now owns 20,795 shares of the financial services provider’s stock valued at $460,000 after purchasing an additional 3,030 shares during the period. Berkley W R Corp bought a new stake in Green Bancorp during the third quarter valued at about $594,000. Finally, Credit Suisse AG grew its holdings in Green Bancorp by 62.1% during the third quarter. Credit Suisse AG now owns 27,300 shares of the financial services provider’s stock valued at $604,000 after purchasing an additional 10,461 shares during the period. Institutional investors own 68.33% of the company’s stock.
NASDAQ:GNBC remained flat at $$17.14 during mid-day trading on Wednesday. Green Bancorp Inc has a 1 year low of $16.21 and a 1 year high of $25.15. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market capitalization of $640.52 million, a P/E ratio of 14.17 and a beta of 2.05.
About Green Bancorp
Green Bancorp, Inc operates as the bank holding company for Green Bank, N.A. that provides commercial and private banking services primarily in Texas. It offers deposit accounts, such as demand, savings, money market, and time accounts. The company also provides loans, including commercial and industrial loans, including commercial lines of credit, working capital loans, commercial real estate-backed loans, mortgage-warehouse lines, term loans, equipment financing, borrowing base loans, real estate construction loans, homebuilder loans, government guaranteed loans, purchased receivables financing, letters of credit, and other loan products, as well as acquisition, expansion, and development loans to national and regional companies, real estate developers, mortgage lenders, manufacturing and industrial companies, and other businesses.
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