Green Brick Partners, Inc. (NASDAQ:GRBK - Get Free Report)'s share price hit a new 52-week low during trading on Wednesday . The company traded as low as $50.57 and last traded at $52.19, with a volume of 79306 shares traded. The stock had previously closed at $53.49.
Analyst Ratings Changes
Separately, Wedbush reissued a "neutral" rating and issued a $70.00 price objective on shares of Green Brick Partners in a research report on Friday, February 28th.
Read Our Latest Stock Report on Green Brick Partners
Green Brick Partners Price Performance
The company has a market capitalization of $2.49 billion, a PE ratio of 7.26 and a beta of 1.82. 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 stock has a fifty day simple moving average of $58.64 and a 200-day simple moving average of $64.59.
Institutional Investors Weigh In On Green Brick Partners
Several institutional investors have recently added to or reduced their stakes in GRBK. Geode Capital Management LLC lifted its position in shares of Green Brick Partners by 9.1% during the 3rd 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 during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Green Brick Partners by 6.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 565,256 shares of the financial services provider's stock worth $31,932,000 after purchasing an additional 36,239 shares during the last quarter. Annex Advisory Services LLC lifted its holdings in shares of Green Brick Partners by 72.8% in the 1st quarter. Annex Advisory Services LLC now owns 469,955 shares of the financial services provider's stock valued at $27,403,000 after purchasing an additional 198,024 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Green Brick Partners by 9.1% during the 4th 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. Finally, Northern Trust Corp increased its position in Green Brick Partners by 6.1% during the fourth quarter. Northern Trust Corp now owns 345,661 shares of the financial services provider's stock worth $19,526,000 after buying an additional 19,752 shares during the period. Hedge funds and other institutional investors own 78.24% of the company's stock.
About Green Brick Partners
(
Get 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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