Rice Hall James & Associates LLC Has $3.47 Million Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

Rice Hall James & Associates LLC lessened its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 2.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 61,344 shares of the financial services provider’s stock after selling 1,598 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Green Brick Partners were worth $3,465,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of GRBK. Creative Planning lifted its holdings in shares of Green Brick Partners by 49.4% during the third quarter. Creative Planning now owns 7,798 shares of the financial services provider’s stock worth $651,000 after purchasing an additional 2,577 shares during the period. Vontobel Holding Ltd. acquired a new position in shares of Green Brick Partners during the third quarter worth $255,000. Blue Trust Inc. lifted its holdings in shares of Green Brick Partners by 43.6% during the third quarter. Blue Trust Inc. now owns 1,142 shares of the financial services provider’s stock worth $95,000 after purchasing an additional 347 shares during the period. Raymond James & Associates lifted its holdings in shares of Green Brick Partners by 47.6% during the third quarter. Raymond James & Associates now owns 48,965 shares of the financial services provider’s stock worth $4,090,000 after purchasing an additional 15,780 shares during the period. Finally, Grey Fox Wealth Advisors LLC acquired a new position in shares of Green Brick Partners during the third quarter worth $209,000. Institutional investors and hedge funds own 78.24% of the company’s stock.

Wall Street Analyst Weigh In

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

Green Brick Partners Price Performance

GRBK stock opened at $60.03 on Wednesday. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 7.80 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, Inc. has a 12-month low of $50.67 and a 12-month high of $84.66. The company’s fifty day simple moving average is $59.32 and its 200 day simple moving average is $69.42.

About Green Brick Partners

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.