Fox Run Management L.L.C. Takes $609,000 Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

Fox Run Management L.L.C. acquired a new stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,785 shares of the financial services provider's stock, valued at approximately $609,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in GRBK. SBI Securities Co. Ltd. purchased a new stake in shares of Green Brick Partners in the 4th quarter valued at approximately $57,000. Nisa Investment Advisors LLC raised its stake in Green Brick Partners by 26.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider's stock valued at $79,000 after purchasing an additional 289 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Green Brick Partners by 207.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,702 shares of the financial services provider's stock valued at $96,000 after purchasing an additional 1,149 shares in the last quarter. KBC Group NV boosted its position in shares of Green Brick Partners by 93.9% in the fourth quarter. KBC Group NV now owns 1,803 shares of the financial services provider's stock worth $102,000 after buying an additional 873 shares during the period. Finally, Compagnie Lombard Odier SCmA purchased a new position in shares of Green Brick Partners during the fourth quarter valued at $226,000. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on GRBK. Wedbush restated a "neutral" rating and set a $70.00 price objective on shares of Green Brick Partners in a research report on Friday, February 28th. JMP Securities reaffirmed a "market perform" rating on shares of Green Brick Partners in a research report on Tuesday, December 3rd.

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Green Brick Partners Stock Down 3.0 %

GRBK traded down $1.78 during trading on Friday, reaching $57.73. 205,432 shares of the stock traded hands, compared to its average volume of 377,036. The stock's 50-day simple moving average is $59.68 and its two-hundred day simple moving average is $66.60. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. Green Brick Partners, Inc. has a fifty-two week low of $51.76 and a fifty-two week high of $84.66. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 7.50 and a beta of 1.89.

Green Brick Partners Company Profile

Green Brick Partners, Inc is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes.