Renaissance Group LLC grew its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 10.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 64,802 shares of the financial services provider's stock after buying an additional 6,091 shares during the quarter. Renaissance Group LLC owned 0.15% of Green Brick Partners worth $3,661,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. SBI Securities Co. Ltd. bought a new stake in Green Brick Partners during the fourth quarter worth $57,000. Nisa Investment Advisors LLC grew its position in Green Brick Partners by 26.1% during the fourth 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 period. PNC Financial Services Group Inc. increased its holdings in 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 buying an additional 1,149 shares during the last quarter. KBC Group NV raised its position in Green Brick Partners by 93.9% in the fourth quarter. KBC Group NV now owns 1,803 shares of the financial services provider's stock worth $102,000 after acquiring an additional 873 shares during the period. Finally, Compagnie Lombard Odier SCmA purchased a new position in Green Brick Partners in the fourth quarter valued at about $226,000. Hedge funds and other institutional investors own 78.24% of the company's stock.
Green Brick Partners Stock Performance
Shares of GRBK stock traded up $0.15 during trading on Monday, reaching $55.93. 85,097 shares of the company's stock traded hands, compared to its average volume of 379,561. The firm's 50-day moving average is $58.64 and its 200 day moving average is $64.59. The company has a market capitalization of $2.49 billion, a P/E ratio of 7.26 and a beta of 1.82. Green Brick Partners, Inc. has a 1 year low of $50.57 and a 1 year high of $84.66. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20.
Wall Street Analyst Weigh In
Separately, Wedbush reaffirmed a "neutral" rating and issued a $70.00 price target on shares of Green Brick Partners in a report on Friday, February 28th.
Read Our Latest Stock Report on GRBK
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.
Featured Stories
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
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
