Amundi Invests $1.33 Million in Green Brick Partners, Inc. (NASDAQ:GRBK)

Amundi bought a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 23,899 shares of the financial services provider's stock, valued at approximately $1,326,000. Amundi owned approximately 0.05% of Green Brick Partners as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. PNC Financial Services Group Inc. boosted its stake 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 valued at $96,000 after buying an additional 1,149 shares in the last quarter. Edgestream Partners L.P. boosted its stake in Green Brick Partners by 549.1% in the fourth 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 boosted its stake in Green Brick Partners by 95.0% in the fourth 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 in the last quarter. Raymond James Financial Inc. bought a new position in Green Brick Partners in the fourth quarter valued at about $9,488,000. Finally, Proficio Capital Partners LLC bought a new position in Green Brick Partners in the fourth quarter valued at about $1,152,000. 78.24% of the stock is owned by institutional investors and hedge funds.

Green Brick Partners Trading Down 2.2 %

Green Brick Partners stock traded down $1.27 during trading hours on Friday, hitting $57.36. The stock had a trading volume of 848,492 shares, compared to its average volume of 367,430. Green Brick Partners, Inc. has a one year low of $51.76 and a one year high of $84.66. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 7.45 and a beta of 1.89. The business's 50 day simple moving average is $59.64 and its 200-day simple moving average is $67.15.

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Wall Street Analyst Weigh In

GRBK has been the subject of several research reports. JMP Securities reiterated a "market perform" rating on shares of Green Brick Partners in a research report on Tuesday, December 3rd. Wedbush reiterated a "neutral" rating and issued a $70.00 target price on shares of Green Brick Partners in a research report on Friday, February 28th.

Green Brick Partners 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.