AlphaQuest LLC acquired a new stake in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 4,822 shares of the financial services provider's stock, valued at approximately $272,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of GRBK. Amundi acquired a new position in Green Brick Partners during the 4th quarter worth $1,326,000. PNC Financial Services Group Inc. lifted its holdings in 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 worth $96,000 after purchasing an additional 1,149 shares during the period. Edgestream Partners L.P. grew its position in Green Brick Partners by 549.1% in the 4th quarter. Edgestream Partners L.P. now owns 90,218 shares of the financial services provider's stock valued at $5,096,000 after buying an additional 76,318 shares in the last quarter. Inceptionr LLC increased its stake in Green Brick Partners by 95.0% during the 4th quarter. Inceptionr LLC now owns 6,782 shares of the financial services provider's stock valued at $383,000 after buying an additional 3,304 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Green Brick Partners during the 4th quarter valued at about $9,488,000. 78.24% of the stock is owned by institutional investors and hedge funds.
Green Brick Partners Price Performance
NASDAQ GRBK traded up $1.42 on Wednesday, reaching $59.39. The company's stock had a trading volume of 138,437 shares, compared to its average volume of 366,175. Green Brick Partners, Inc. has a twelve month low of $51.76 and a twelve month high of $84.66. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. The stock has a market cap of $2.64 billion, a PE ratio of 7.71 and a beta of 1.89. The firm's 50 day moving average is $59.44 and its two-hundred day moving average is $67.42.
Analyst Ratings Changes
Several research firms have recently issued reports on GRBK. Wedbush reiterated a "neutral" rating and issued a $70.00 price objective on shares of Green Brick Partners in a report on Friday, February 28th. JMP Securities reaffirmed a "market perform" rating on shares of Green Brick Partners in a research note on Tuesday, December 3rd.
View Our Latest Report on Green Brick Partners
About Green Brick Partners
(
Free Report)
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.
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