Quantbot Technologies LP Purchases Shares of 32,513 Green Brick Partners, Inc. (NASDAQ:GRBK)

Quantbot Technologies LP purchased a new stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 32,513 shares of the financial services provider’s stock, valued at approximately $1,837,000.

Other large investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new stake in Green Brick Partners during the fourth quarter valued at about $57,000. Nisa Investment Advisors LLC raised its position 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 valued at $79,000 after purchasing an additional 289 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Green Brick Partners by 207.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,702 shares of the financial services provider’s stock valued at $96,000 after purchasing an additional 1,149 shares in the last quarter. KBC Group NV raised its position 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 valued at $102,000 after purchasing an additional 873 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA purchased a new position in shares of Green Brick Partners in the fourth quarter worth about $226,000. Hedge funds and other institutional investors own 78.24% of the company’s stock.

Green Brick Partners Stock Down 2.2 %

GRBK opened at $57.36 on Monday. The company has a market cap of $2.55 billion, a P/E ratio of 7.45 and a beta of 1.89. The business’s 50-day moving average price is $59.64 and its 200-day moving average price is $67.03. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20. Green Brick Partners, Inc. has a 12 month low of $51.76 and a 12 month high of $84.66.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wedbush reiterated a “neutral” rating and issued a $70.00 price objective on shares of Green Brick Partners in a 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.

About Green Brick Partners

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.