Green Brick Partners, Inc. (NASDAQ:GRBK) Shares Acquired by Intech Investment Management LLC

Intech Investment Management LLC increased its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 53.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,156 shares of the financial services provider’s stock after acquiring an additional 4,945 shares during the quarter. Intech Investment Management LLC’s holdings in Green Brick Partners were worth $800,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of GRBK. Kennondale Capital Management LLC purchased a new position in Green Brick Partners during the fourth quarter worth about $1,256,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Green Brick Partners during the 4th quarter worth approximately $261,000. PFG Advisors raised its position in shares of Green Brick Partners by 20.0% during the 4th quarter. PFG Advisors now owns 7,746 shares of the financial services provider’s stock valued at $438,000 after buying an additional 1,293 shares during the period. AlphaQuest LLC acquired a new position in Green Brick Partners in the fourth quarter valued at approximately $272,000. Finally, Amundi purchased a new position in Green Brick Partners in the fourth quarter worth approximately $1,326,000. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Stock Down 2.2 %

Shares of NASDAQ GRBK opened at $57.36 on Monday. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. The business’s 50 day moving average is $59.64 and its two-hundred day moving average is $67.03. Green Brick Partners, Inc. has a 52-week low of $51.76 and a 52-week high of $84.66. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 7.45 and a beta of 1.89.

Analysts Set New Price Targets

GRBK has been the topic of several recent analyst reports. Wedbush reaffirmed a “neutral” rating and issued a $70.00 price target 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 report 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.