Russell Investments Group Ltd. lessened its position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & 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 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of GRBK. SBI Securities Co. Ltd. bought a new position in Green Brick Partners in the 4th quarter worth about $57,000. Nisa Investment Advisors LLC grew its holdings 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 buying an additional 289 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in Green Brick Partners by 207.8% in the 4th 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 in the last quarter. KBC Group NV raised its stake in Green Brick Partners by 93.9% during the 4th 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 Green Brick Partners during the 4th quarter valued at $226,000. 78.24% of the stock is currently owned by institutional investors.
Green Brick Partners Price Performance
NASDAQ:GRBK traded up $0.82 during midday trading on Friday, hitting $55.75. 294,572 shares of the stock were exchanged, compared to its average volume of 379,622. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 7.24 and a beta of 1.82. 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 $50.57 and a one year high of $84.66. The business has a 50-day moving average price of $58.31 and a two-hundred day moving average price of $63.91.
Analyst Ratings Changes
Separately, Wedbush reissued a "neutral" rating and set a $70.00 price target on shares of Green Brick Partners in a report on Friday, February 28th.
View Our Latest Research Report on Green Brick Partners
About Green Brick Partners
(
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.
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