New York State Teachers Retirement System Acquires 528 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

New York State Teachers Retirement System boosted its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,909 shares of the financial services provider’s stock after purchasing an additional 528 shares during the period. New York State Teachers Retirement System’s holdings in Green Brick Partners were worth $729,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hollencrest Capital Management bought a new position in Green Brick Partners during the third quarter worth about $29,000. Blue Trust Inc. lifted its stake in Green Brick Partners by 43.6% during the third quarter. Blue Trust Inc. now owns 1,142 shares of the financial services provider’s stock worth $95,000 after purchasing an additional 347 shares during the period. Nisa Investment Advisors LLC lifted its stake 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 worth $79,000 after purchasing an additional 289 shares during the period. KBC Group NV lifted its stake in 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 worth $102,000 after purchasing an additional 873 shares during the period. Finally, Aigen Investment Management LP bought a new position in Green Brick Partners during the third quarter worth about $271,000. Institutional investors own 78.24% of the company’s stock.

Green Brick Partners Stock Performance

NASDAQ:GRBK opened at $57.78 on Monday. Green Brick Partners, Inc. has a 1 year low of $50.67 and a 1 year high of $84.66. The firm has a 50 day moving average of $58.78 and a 200-day moving average of $69.13. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $2.57 billion, a P/E ratio of 7.50 and a beta of 1.84.

Analysts Set New Price Targets

Separately, JMP Securities reiterated a “market perform” rating on shares of Green Brick Partners in a research note on Tuesday, December 3rd.

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.