Evolve Private Wealth LLC bought a new position in Green Brick Partners, Inc. (NASDAQ:GRBK – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,909 shares of the financial services provider’s stock, valued at approximately $793,000.
Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada grew its stake in Green Brick Partners by 7.4% in the 1st quarter. Royal Bank of Canada now owns 9,915 shares of the financial services provider’s stock valued at $579,000 after buying an additional 683 shares in the last quarter. AQR Capital Management LLC grew its holdings in Green Brick Partners by 91.5% during the 1st quarter. AQR Capital Management LLC now owns 20,091 shares of the financial services provider’s stock valued at $1,172,000 after buying an additional 9,597 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Green Brick Partners by 13.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 270,236 shares of the financial services provider’s stock valued at $15,757,000 after buying an additional 31,547 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Green Brick Partners by 7.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,597 shares of the financial services provider’s stock valued at $3,825,000 after buying an additional 4,763 shares during the period. Finally, CW Advisors LLC bought a new stake in shares of Green Brick Partners during the second quarter valued at about $223,000. 78.24% of the stock is currently owned by hedge funds and other institutional investors.
Green Brick Partners Trading Up 1.1%
Shares of Green Brick Partners stock opened at $72.74 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. Green Brick Partners, Inc. has a 1 year low of $60.44 and a 1 year high of $83.18. The firm has a market cap of $3.13 billion, a PE ratio of 9.45 and a beta of 1.79. The company has a 50 day simple moving average of $73.43 and a two-hundred day simple moving average of $70.57.
Analyst Upgrades and Downgrades
Separately, Citizens Jmp reissued a “market perform” rating on shares of Green Brick Partners in a report on Tuesday, May 19th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on Green Brick Partners
Green Brick Partners Company Profile
Green Brick Partners, Inc (NASDAQ: GRBK) is a Dallas, Texas–based residential homebuilder and land development company. Founded in 2006, the company acquires, develops and sells residential lots and constructs single‐family detached homes, townhomes and multi‐family rental communities. Green Brick Partners also offers master‐planned community development and delivers improved lot ready capability through its funded land development segment.
Operating across key Sun Belt markets, Green Brick Partners serves homebuyers in the Dallas–Fort Worth metroplex, Greater Houston, Austin and the Atlanta metropolitan area.
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