Sanctuary Advisors LLC reduced its position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 53.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,265 shares of the financial services provider's stock after selling 13,131 shares during the period. Sanctuary Advisors LLC's holdings in Green Brick Partners were worth $702,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of GRBK. Hollencrest Capital Management bought a new position in Green Brick Partners in the 3rd quarter worth about $29,000. Nisa Investment Advisors LLC boosted its stake in 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 period. KBC Group NV boosted its stake in Green Brick Partners by 93.9% in the 4th quarter. KBC Group NV now owns 1,803 shares of the financial services provider's stock worth $102,000 after purchasing an additional 873 shares during the period. Compagnie Lombard Odier SCmA bought a new position in Green Brick Partners in the 4th quarter worth about $226,000. Finally, Yorktown Management & Research Co Inc bought a new stake in shares of Green Brick Partners during the 4th quarter valued at about $229,000. 78.24% of the stock is owned by hedge funds and other institutional investors.
Green Brick Partners Stock Up 1.6 %
Shares of GRBK stock traded up $0.95 during mid-day trading on Tuesday, hitting $59.56. The company's stock had a trading volume of 266,091 shares, compared to its average volume of 313,722. Green Brick Partners, Inc. has a 52-week low of $51.12 and a 52-week high of $84.66. The business has a 50-day moving average price of $58.71 and a 200 day moving average price of $68.70. 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 $2.65 billion, a price-to-earnings ratio of 7.74 and a beta of 1.84.
Wall Street Analysts Forecast Growth
GRBK has been the topic of a number of analyst reports. Wedbush reaffirmed a "neutral" rating and issued a $70.00 price target on shares of Green Brick Partners in a research note on Friday. JMP Securities restated a "market perform" rating on shares of Green Brick Partners in a research report on Tuesday, December 3rd.
Get Our Latest Stock Analysis on GRBK
Green Brick Partners Profile
(
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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