Swiss National Bank Trims Stake in Green Brick Partners, Inc. (NASDAQ:GRBK)

Swiss National Bank cut its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 0.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 65,600 shares of the financial services provider’s stock after selling 200 shares during the period. Swiss National Bank owned approximately 0.15% of Green Brick Partners worth $3,706,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new stake in Green Brick Partners in the fourth quarter worth about $57,000. Nisa Investment Advisors LLC raised its holdings in shares of Green Brick Partners by 26.1% in the fourth 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 during the period. PNC Financial Services Group Inc. lifted its stake in shares of Green Brick Partners by 207.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,702 shares of the financial services provider’s stock worth $96,000 after acquiring an additional 1,149 shares during the last quarter. KBC Group NV lifted its stake in shares of 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 worth $102,000 after acquiring an additional 873 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA purchased a new position 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 Trading Down 0.1 %

NASDAQ:GRBK opened at $59.45 on Wednesday. The firm has a 50-day simple moving average of $59.74 and a 200-day simple moving average of $66.82. Green Brick Partners, Inc. has a one year low of $51.76 and a one year high of $84.66. The firm has a market cap of $2.65 billion, a P/E ratio of 7.72 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.

Analyst Ratings Changes

A number of research firms have weighed in on GRBK. Wedbush reiterated a “neutral” rating and issued a $70.00 target price on shares of Green Brick Partners in a research note on Friday, February 28th. JMP Securities reaffirmed a “market perform” rating on shares of Green Brick Partners in a research note on Tuesday, December 3rd.

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.