SBI Securities Co. Ltd. acquired a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,009 shares of the financial services provider’s stock, valued at approximately $57,000.
Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp grew its stake in shares of Green Brick Partners by 5.8% in the third quarter. State Street Corp now owns 1,737,812 shares of the financial services provider’s stock valued at $145,142,000 after buying an additional 94,834 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Green Brick Partners by 9.1% during the third quarter. Geode Capital Management LLC now owns 710,144 shares of the financial services provider’s stock worth $59,324,000 after purchasing an additional 59,098 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Green Brick Partners by 19.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 364,472 shares of the financial services provider’s stock valued at $30,441,000 after purchasing an additional 58,935 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Green Brick Partners by 68.4% in the third quarter. JPMorgan Chase & Co. now owns 292,590 shares of the financial services provider’s stock worth $24,437,000 after acquiring an additional 118,858 shares in the last quarter. Finally, Annex Advisory Services LLC increased its holdings in Green Brick Partners by 26.5% during the 4th quarter. Annex Advisory Services LLC now owns 271,931 shares of the financial services provider’s stock worth $15,361,000 after purchasing an additional 57,045 shares during the period. Institutional investors and hedge funds own 78.24% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages have recently commented on GRBK. Wedbush reissued a “neutral” rating and set a $70.00 price objective on shares of Green Brick Partners in a research report on Friday, February 28th. JMP Securities reiterated a “market perform” rating on shares of Green Brick Partners in a report on Tuesday, December 3rd.
Green Brick Partners Trading Down 0.9 %
NASDAQ:GRBK opened at $61.33 on Tuesday. Green Brick Partners, Inc. has a 1 year low of $51.50 and a 1 year high of $84.66. The stock has a market cap of $2.73 billion, a P/E ratio of 7.97 and a beta of 1.89. 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 50-day simple moving average of $59.00 and a 200-day simple moving average of $68.36.
Green Brick Partners Company 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.
Recommended Stories
- Five stocks we like better than Green Brick Partners
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- How to Protect Your Portfolio When Inflation Is Rising
- 3 Healthcare Dividend Stocks to Buy
- 3 Tech Stocks Defying Sector Weakness and Thriving in 2025
- How to trade using analyst ratings
- Despite Challenges Novo Nordisk Plans to Crush GLP-1 Competitors
Want to see what other hedge funds are holding GRBK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Green Brick Partners, Inc. (NASDAQ:GRBK – Free Report).
Receive News & Ratings for Green Brick Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Brick Partners and related companies with MarketBeat.com's FREE daily email newsletter.