Free Trial

Raymond James Financial Inc. Buys New Stake in Green Brick Partners, Inc. (NASDAQ:GRBK)

Green Brick Partners logo with Finance background
Remove Ads

Raymond James Financial Inc. purchased a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 167,957 shares of the financial services provider's stock, valued at approximately $9,488,000. Raymond James Financial Inc. owned 0.38% of Green Brick Partners as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC purchased a new stake in Green Brick Partners in the 4th quarter valued at approximately $1,152,000. Victory Capital Management Inc. boosted its stake in shares of Green Brick Partners by 4.3% in the fourth quarter. Victory Capital Management Inc. now owns 59,382 shares of the financial services provider's stock valued at $3,354,000 after buying an additional 2,428 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Green Brick Partners by 9.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 397,624 shares of the financial services provider's stock worth $22,462,000 after acquiring an additional 33,152 shares during the period. SBI Securities Co. Ltd. purchased a new position in Green Brick Partners in the fourth quarter worth $57,000. Finally, Cavalier Investments LLC raised its position in Green Brick Partners by 4.1% in the fourth quarter. Cavalier Investments LLC now owns 12,085 shares of the financial services provider's stock worth $683,000 after acquiring an additional 480 shares in the last quarter. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

Green Brick Partners Price Performance

GRBK stock traded down $0.08 during midday trading on Tuesday, hitting $59.45. 298,957 shares of the stock were exchanged, compared to its average volume of 367,406. 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 7.72 and a beta of 1.89. Green Brick Partners, Inc. has a fifty-two week low of $51.76 and a fifty-two week high of $84.66. The stock's 50-day moving average price is $59.71 and its 200-day moving average price is $66.92.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on GRBK shares. Wedbush reaffirmed a "neutral" rating and set a $70.00 price target on shares of Green Brick Partners in a research note on Friday, February 28th. JMP Securities restated a "market perform" rating on shares of Green Brick Partners in a research report on Tuesday, December 3rd.

Check Out Our Latest Research Report on Green Brick Partners

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.

Further Reading

Institutional Ownership by Quarter for Green Brick Partners (NASDAQ:GRBK)

Should You Invest $1,000 in Green Brick Partners Right Now?

Before you consider Green Brick Partners, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Green Brick Partners wasn't on the list.

While Green Brick Partners currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!
Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads