Intech Investment Management LLC lifted its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 53.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,156 shares of the financial services provider's stock after buying an additional 4,945 shares during the period. Intech Investment Management LLC's holdings in Green Brick Partners were worth $800,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new position in Green Brick Partners in the fourth quarter valued at approximately $57,000. Nisa Investment Advisors LLC lifted its holdings in shares of Green Brick Partners by 26.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider's stock worth $79,000 after purchasing an additional 289 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Green Brick Partners by 207.8% during the 4th 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 during the period. KBC Group NV grew its stake in Green Brick Partners by 93.9% during the 4th 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 last quarter. Finally, Compagnie Lombard Odier SCmA acquired a new stake in Green Brick Partners in the fourth quarter worth $226,000. Institutional investors and hedge funds own 78.24% of the company's stock.
Analyst Ratings Changes
Several equities analysts have recently issued reports on GRBK shares. Wedbush reissued a "neutral" rating and set a $70.00 price target on shares of Green Brick Partners in a report on Friday, February 28th. JMP Securities reissued a "market perform" rating on shares of Green Brick Partners in a research note on Tuesday, December 3rd.
Read Our Latest Analysis on Green Brick Partners
Green Brick Partners Stock Performance
GRBK traded up $0.03 during trading hours on Thursday, hitting $59.56. The company's stock had a trading volume of 176,097 shares, compared to its average volume of 366,744. The company has a 50-day simple moving average of $59.73 and a 200 day simple moving average of $66.76. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $2.65 billion, a PE ratio of 7.74 and a beta of 1.89. Green Brick Partners, Inc. has a fifty-two week low of $51.76 and a fifty-two week high of $84.66.
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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