Green Brick Partners, Inc. (NASDAQ:GRBK) Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC cut its position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 4.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 151,313 shares of the financial services provider's stock after selling 6,805 shares during the quarter. Brandywine Global Investment Management LLC owned 0.34% of Green Brick Partners worth $8,548,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in GRBK. State Street Corp increased its holdings in Green Brick Partners by 5.8% during the 3rd quarter. State Street Corp now owns 1,737,812 shares of the financial services provider's stock worth $145,142,000 after purchasing an additional 94,834 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Green Brick Partners by 9.1% during the third quarter. Geode Capital Management LLC now owns 710,144 shares of the financial services provider's stock worth $59,324,000 after buying an additional 59,098 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Green Brick Partners by 9.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 397,624 shares of the financial services provider's stock worth $22,462,000 after buying an additional 33,152 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Green Brick Partners by 68.4% in the third quarter. JPMorgan Chase & Co. now owns 292,590 shares of the financial services provider's stock valued at $24,437,000 after acquiring an additional 118,858 shares in the last quarter. Finally, Annex Advisory Services LLC boosted its stake in Green Brick Partners by 26.5% during the 4th quarter. Annex Advisory Services LLC now owns 271,931 shares of the financial services provider's stock valued at $15,361,000 after acquiring an additional 57,045 shares during the last quarter. 78.24% of the stock is owned by institutional investors and hedge funds.

Green Brick Partners Stock Performance

Shares of GRBK stock traded up $1.96 on Friday, hitting $57.85. 553,893 shares of the stock traded hands, compared to its average volume of 377,349. The company's fifty day moving average is $59.42 and its 200 day moving average is $65.87. Green Brick Partners, Inc. has a 1-year low of $51.76 and a 1-year high of $84.66. The company has a market capitalization of $2.57 billion, a PE ratio of 7.51 and a beta of 1.89. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63.

Analyst Ratings Changes

Separately, Wedbush reissued a "neutral" rating and issued a $70.00 target price on shares of Green Brick Partners in a research report on Friday, February 28th.

About Green Brick Partners

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.