LSV Asset Management Decreases Stock Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

LSV Asset Management decreased its holdings in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 71.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,100 shares of the financial services provider's stock after selling 54,100 shares during the period. LSV Asset Management's holdings in Green Brick Partners were worth $1,248,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. SBI Securities Co. Ltd. purchased a new position in Green Brick Partners in the 4th quarter worth about $57,000. Nisa Investment Advisors LLC grew 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 acquiring an additional 289 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Green Brick Partners by 207.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,702 shares of the financial services provider's stock worth $96,000 after acquiring an additional 1,149 shares during the period. KBC Group NV raised 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 acquiring an additional 873 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA bought a new stake in shares of Green Brick Partners during the fourth quarter valued at approximately $226,000. 78.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Wedbush reaffirmed a "neutral" rating and set a $70.00 target price on shares of Green Brick Partners in a research report on Friday, February 28th.

Green Brick Partners Stock Up 1.5 %

NASDAQ:GRBK traded up $0.82 during trading hours on Friday, reaching $55.75. The company's stock had a trading volume of 294,572 shares, compared to its average volume of 380,087. The stock has a 50 day moving average price of $58.31 and a two-hundred day moving average price of $63.67. 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 company has a market capitalization of $2.48 billion, a P/E ratio of 7.24 and a beta of 1.82. Green Brick Partners, Inc. has a 12 month low of $50.57 and a 12 month high of $84.66.

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.