Livforsakringsbolaget Skandia Omsesidigt Raises Stock Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 22.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,800 shares of the financial services provider's stock after buying an additional 5,900 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt owned 0.07% of Green Brick Partners worth $1,796,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Yorktown Management & Research Co Inc bought a new position in Green Brick Partners during the 4th quarter worth approximately $229,000. KBC Group NV boosted its stake in shares of Green Brick Partners by 93.9% during the fourth quarter. KBC Group NV now owns 1,803 shares of the financial services provider's stock valued at $102,000 after purchasing an additional 873 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of Green Brick Partners by 27.9% in the fourth 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 purchasing an additional 1,047 shares during the last quarter. Inspire Investing LLC increased its stake in shares of Green Brick Partners by 42.2% in the fourth 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 during the period. Finally, Nisa Investment Advisors LLC raised its holdings in Green Brick Partners by 26.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider's stock valued at $79,000 after buying an additional 289 shares during the last quarter. Hedge funds and other institutional investors own 78.24% of the company's stock.

Green Brick Partners Trading Up 1.3 %

Shares of GRBK stock traded up $0.78 during trading hours on Tuesday, reaching $59.83. The company's stock had a trading volume of 170,271 shares, compared to its average volume of 281,232. 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 one year low of $50.67 and a one year high of $84.66. The stock has a market capitalization of $2.66 billion, a P/E ratio of 7.77 and a beta of 1.84. The firm's fifty day simple moving average is $59.98 and its 200 day simple moving average is $69.80.

Wall Street Analyst Weigh In

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

Green Brick Partners 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.