SBI Securities Co. Ltd. Takes Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

SBI Securities Co. Ltd. acquired a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) 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.