Russell Investments Group Ltd. Sells 6,017 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

Russell Investments Group Ltd. lessened its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 6.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 82,389 shares of the financial services provider's stock after selling 6,017 shares during the period. Russell Investments Group Ltd. owned approximately 0.19% of Green Brick Partners worth $4,654,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of GRBK. Envestnet Asset Management Inc. lifted its position in Green Brick Partners by 48.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 12,469 shares of the financial services provider's stock valued at $704,000 after purchasing an additional 4,049 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Green Brick Partners during the 4th quarter worth $238,000. Cynosure Group LLC grew its position in Green Brick Partners by 18.5% in the fourth quarter. Cynosure Group LLC now owns 5,247 shares of the financial services provider's stock worth $296,000 after acquiring an additional 821 shares in the last quarter. Trexquant Investment LP bought a new position in Green Brick Partners in the fourth quarter valued at $231,000. Finally, B. Metzler seel. Sohn & Co. AG bought a new position in Green Brick Partners in the fourth quarter valued at $1,249,000. 78.24% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Wedbush reiterated a "neutral" rating and issued a $70.00 price objective on shares of Green Brick Partners in a report on Friday, February 28th.

Green Brick Partners Trading Up 1.5 %

Shares of Green Brick Partners stock traded up $0.82 during trading on Friday, reaching $55.75. The company's stock had a trading volume of 294,572 shares, compared to its average volume of 379,556. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. Green Brick Partners, Inc. has a 52-week low of $50.57 and a 52-week high of $84.66. The firm's 50-day moving average is $58.39 and its two-hundred day moving average is $64.10. The company has a market cap of $2.48 billion, a price-to-earnings ratio of 7.24 and a beta of 1.82.

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.