Green Bancorp Inc (GNBC) Stake Lessened by Bank of New York Mellon Corp

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Bank of New York Mellon Corp lowered its stake in shares of Green Bancorp Inc (NASDAQ:GNBC) by 28.5% during the 4th quarter, HoldingsChannel reports. The fund owned 240,067 shares of the financial services provider’s stock after selling 95,649 shares during the quarter. Bank of New York Mellon Corp’s holdings in Green Bancorp were worth $4,115,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Arizona State Retirement System increased its holdings in shares of Green Bancorp by 6.3% during the fourth quarter. Arizona State Retirement System now owns 40,860 shares of the financial services provider’s stock valued at $700,000 after acquiring an additional 2,435 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Green Bancorp by 7.5% in the 3rd quarter. Wells Fargo & Company MN now owns 39,842 shares of the financial services provider’s stock worth $880,000 after buying an additional 2,792 shares during the period. First Manhattan Co. increased its holdings in Green Bancorp by 2.1% in the 4th quarter. First Manhattan Co. now owns 228,125 shares of the financial services provider’s stock worth $3,910,000 after buying an additional 4,625 shares during the period. Legal & General Group Plc increased its holdings in Green Bancorp by 9.4% in the 3rd quarter. Legal & General Group Plc now owns 56,602 shares of the financial services provider’s stock worth $1,253,000 after buying an additional 4,878 shares during the period. Finally, MetLife Investment Advisors LLC increased its holdings in Green Bancorp by 54.7% in the 3rd quarter. MetLife Investment Advisors LLC now owns 17,457 shares of the financial services provider’s stock worth $386,000 after buying an additional 6,172 shares during the period. Hedge funds and other institutional investors own 68.33% of the company’s stock.

Shares of NASDAQ:GNBC opened at $17.14 on Wednesday. Green Bancorp Inc has a twelve month low of $16.21 and a twelve month high of $25.15. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market capitalization of $640.52 million, a P/E ratio of 14.17 and a beta of 2.05.

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

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