Livforsakringsbolaget Skandia Omsesidigt Buys 5,900 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

Livforsakringsbolaget Skandia Omsesidigt raised its stake in Green Brick Partners, Inc. (NASDAQ:GRBK) by 22.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,800 shares of the financial services provider’s stock after purchasing an additional 5,900 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt owned approximately 0.07% of Green Brick Partners worth $1,796,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Oppenheimer & Co. Inc. bought a new position in shares of Green Brick Partners in the third quarter valued at $1,352,000. Empowered Funds LLC bought a new position in shares of Green Brick Partners in the 3rd quarter valued at about $4,065,000. Principal Financial Group Inc. increased its stake in shares of Green Brick Partners by 15.3% during the 3rd quarter. Principal Financial Group Inc. now owns 158,760 shares of the financial services provider’s stock worth $13,260,000 after purchasing an additional 21,012 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Green Brick Partners by 9.1% in the 3rd quarter. Geode Capital Management LLC now owns 710,144 shares of the financial services provider’s stock valued at $59,324,000 after purchasing an additional 59,098 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Green Brick Partners by 19.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 364,472 shares of the financial services provider’s stock valued at $30,441,000 after purchasing an additional 58,935 shares during the last quarter. Institutional investors and hedge funds own 78.24% of the company’s stock.

Analysts Set New Price Targets

Separately, JMP Securities restated a “market perform” rating on shares of Green Brick Partners in a research note on Tuesday, December 3rd.

Green Brick Partners Stock Performance

Shares of NASDAQ:GRBK opened at $59.80 on Friday. Green Brick Partners, Inc. has a 12-month low of $50.67 and a 12-month high of $84.66. The company’s 50 day moving average price is $60.74 and its two-hundred day moving average price is $70.13. The firm has a market cap of $2.66 billion, a PE ratio of 7.77 and a beta of 1.84. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20.

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.