Charles Schwab Investment Management Inc. increased its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 9.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 397,624 shares of the financial services provider's stock after buying an additional 33,152 shares during the period. Charles Schwab Investment Management Inc. owned about 0.89% of Green Brick Partners worth $22,462,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new position in shares of Green Brick Partners during the fourth quarter valued at $57,000. Nisa Investment Advisors LLC grew its stake in Green Brick Partners by 26.1% in the fourth 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 last quarter. KBC Group NV grew its stake in 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 valued at $102,000 after purchasing an additional 873 shares during the last quarter. Compagnie Lombard Odier SCmA purchased a new position in Green Brick Partners in the fourth quarter valued at about $226,000. Finally, Yorktown Management & Research Co Inc purchased a new position in Green Brick Partners in the fourth quarter valued at about $229,000. Hedge funds and other institutional investors own 78.24% of the company's stock.
Analyst Upgrades and Downgrades
GRBK has been the topic of a number of research analyst reports. Wedbush restated a "neutral" rating and set a $70.00 price target on shares of Green Brick Partners in a research note on Friday, February 28th. JMP Securities restated a "market perform" rating on shares of Green Brick Partners in a research note on Tuesday, December 3rd.
View Our Latest Stock Analysis on Green Brick Partners
Green Brick Partners Stock Performance
Green Brick Partners stock traded down $1.27 during mid-day trading on Friday, hitting $57.36. The company had a trading volume of 848,492 shares, compared to its average volume of 367,430. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20. Green Brick Partners, Inc. has a 12-month low of $51.76 and a 12-month high of $84.66. The company's fifty day moving average is $59.64 and its 200-day moving average is $67.15. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 7.45 and a beta of 1.89.
Green Brick Partners Profile
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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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