Green Brick Partners, Inc. (NASDAQ:GRBK) Shares Sold by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. reduced its position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 26.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,885 shares of the financial services provider's stock after selling 10,850 shares during the quarter. Triasima Portfolio Management inc. owned about 0.07% of Green Brick Partners worth $1,688,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of GRBK. Livforsakringsbolaget Skandia Omsesidigt raised its stake in Green Brick Partners by 22.8% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 31,800 shares of the financial services provider's stock valued at $1,796,000 after acquiring an additional 5,900 shares during the last quarter. Yorktown Management & Research Co Inc purchased a new position in Green Brick Partners in the 4th quarter valued at $229,000. KBC Group NV increased 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 valued at $102,000 after buying an additional 873 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of Green Brick Partners by 27.9% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,804 shares of the financial services provider's stock worth $271,000 after acquiring an additional 1,047 shares during the period. Finally, Inspire Investing LLC raised its stake in shares of Green Brick Partners by 42.2% during the 4th quarter. Inspire Investing LLC now owns 7,104 shares of the financial services provider's stock worth $401,000 after buying an additional 2,107 shares in the last quarter. 78.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, JMP Securities reiterated a "market perform" rating on shares of Green Brick Partners in a research report on Tuesday, December 3rd.

Green Brick Partners Price Performance

Shares of GRBK stock traded up $0.83 during trading hours on Tuesday, hitting $59.88. The company's stock had a trading volume of 93,733 shares, compared to its average volume of 278,077. 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 twelve month low of $50.67 and a twelve month high of $84.66. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 7.78 and a beta of 1.84. The business has a fifty day moving average of $60.22 and a 200-day moving average of $69.90.

Green Brick Partners Company 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.