Green Brick Partners, Inc. (NASDAQ:GRBK) Shares Bought by Inceptionr LLC

Inceptionr LLC raised its holdings in Green Brick Partners, Inc. (NASDAQ:GRBK) by 95.0% in the 4th quarter, HoldingsChannel reports. The fund owned 6,782 shares of the financial services provider’s stock after acquiring an additional 3,304 shares during the period. Inceptionr LLC’s holdings in Green Brick Partners were worth $383,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GRBK. Hollencrest Capital Management purchased a new stake in shares of Green Brick Partners during the 3rd quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new stake in shares of Green Brick Partners during the 4th quarter valued at $57,000. Nisa Investment Advisors LLC grew its stake in shares of Green Brick Partners by 26.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider’s stock valued at $79,000 after buying an additional 289 shares during the period. KBC Group NV grew 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 valued at $102,000 after buying an additional 873 shares during the period. Finally, Compagnie Lombard Odier SCmA purchased a new stake in shares of Green Brick Partners during the 4th quarter valued at $226,000. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Green Brick Partners Stock Down 0.2 %

Shares of Green Brick Partners stock opened at $62.02 on Friday. The company has a fifty day moving average price of $59.00 and a 200 day moving average price of $68.41. 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 twelve month low of $51.50 and a twelve month high of $84.66. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 8.05 and a beta of 1.89.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on GRBK. Wedbush reissued a “neutral” rating and set a $70.00 price objective on shares of Green Brick Partners in a research note on Friday, February 28th. JMP Securities reissued a “market perform” rating on shares of Green Brick Partners in a research note on Tuesday, December 3rd.

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.