Victory Capital Management Inc. Has $3.35 Million Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

Victory Capital Management Inc. boosted its stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,382 shares of the financial services provider’s stock after acquiring an additional 2,428 shares during the quarter. Victory Capital Management Inc. owned 0.13% of Green Brick Partners worth $3,354,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of GRBK. Principal Financial Group Inc. raised its stake in Green Brick Partners by 15.3% during the third quarter. Principal Financial Group Inc. now owns 158,760 shares of the financial services provider’s stock worth $13,260,000 after acquiring an additional 21,012 shares in the last quarter. Entropy Technologies LP bought a new stake in shares of Green Brick Partners during the third quarter worth $278,000. Oppenheimer & Co. Inc. bought a new stake in shares of Green Brick Partners during the third quarter worth $1,352,000. Empowered Funds LLC bought a new stake in shares of Green Brick Partners during the third quarter worth $4,065,000. Finally, Mutual of America Capital Management LLC grew its holdings in shares of Green Brick Partners by 11.6% during the third quarter. Mutual of America Capital Management LLC now owns 4,617 shares of the financial services provider’s stock worth $386,000 after purchasing an additional 481 shares during the last quarter. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on the company. JMP Securities restated a “market perform” rating on shares of Green Brick Partners in a report on Tuesday, December 3rd. Wedbush restated a “neutral” rating and set a $70.00 target price on shares of Green Brick Partners in a report on Friday, February 28th.

Green Brick Partners Stock Performance

Shares of NASDAQ:GRBK opened at $57.97 on Monday. The stock has a market capitalization of $2.58 billion, a P/E ratio of 7.53 and a beta of 1.89. Green Brick Partners, Inc. has a 1-year low of $51.76 and a 1-year high of $84.66. 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 business has a 50-day moving average price of $59.32 and a two-hundred day moving average price of $67.70.

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.