Proficio Capital Partners LLC Buys New Shares in Green Brick Partners, Inc. (NASDAQ:GRBK)

Proficio Capital Partners LLC purchased a new stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,393 shares of the financial services provider’s stock, valued at approximately $1,152,000.

Several other large investors have also recently added to or reduced their stakes in GRBK. State Street Corp grew its holdings in shares of Green Brick Partners by 5.8% during the 3rd quarter. State Street Corp now owns 1,737,812 shares of the financial services provider’s stock worth $145,142,000 after purchasing an additional 94,834 shares in the last quarter. Geode Capital Management LLC lifted its position in Green Brick Partners by 9.1% in the third quarter. Geode Capital Management LLC now owns 710,144 shares of the financial services provider’s stock worth $59,324,000 after purchasing an additional 59,098 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Green Brick Partners by 9.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 397,624 shares of the financial services provider’s stock worth $22,462,000 after buying an additional 33,152 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Green Brick Partners by 68.4% during the third quarter. JPMorgan Chase & Co. now owns 292,590 shares of the financial services provider’s stock worth $24,437,000 after buying an additional 118,858 shares in the last quarter. Finally, Annex Advisory Services LLC increased its holdings in Green Brick Partners by 26.5% in the 4th quarter. Annex Advisory Services LLC now owns 271,931 shares of the financial services provider’s stock valued at $15,361,000 after buying an additional 57,045 shares during the period. Institutional investors and hedge funds own 78.24% of the company’s stock.

Wall Street Analyst Weigh In

GRBK has been the topic of several recent research reports. Wedbush reiterated a “neutral” rating and set a $70.00 target price on shares of Green Brick Partners in a research report on Friday, February 28th. JMP Securities reaffirmed a “market perform” rating on shares of Green Brick Partners in a report on Tuesday, December 3rd.

Green Brick Partners Stock Down 1.2 %

GRBK opened at $58.56 on Friday. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 7.60 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. The firm’s 50-day simple moving average is $59.58 and its 200-day simple moving average is $67.30. Green Brick Partners, Inc. has a twelve month low of $51.76 and a twelve month high of $84.66.

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.