Green Brick Partners, Inc. (NASDAQ:GRBK) Holdings Trimmed by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC reduced its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 151,313 shares of the financial services provider’s stock after selling 6,805 shares during the period. Brandywine Global Investment Management LLC owned approximately 0.34% of Green Brick Partners worth $8,548,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its stake in shares of 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 worth $30,441,000 after purchasing an additional 58,935 shares during the last quarter. Citigroup Inc. boosted its holdings in Green Brick Partners by 56.8% during the third quarter. Citigroup Inc. now owns 59,318 shares of the financial services provider’s stock worth $4,954,000 after buying an additional 21,478 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Green Brick Partners by 177.4% during the third quarter. BNP Paribas Financial Markets now owns 58,644 shares of the financial services provider’s stock worth $4,898,000 after buying an additional 37,503 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Green Brick Partners by 46.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,759 shares of the financial services provider’s stock worth $648,000 after buying an additional 2,471 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its holdings in shares of Green Brick Partners by 17.7% in the third quarter. Public Sector Pension Investment Board now owns 65,168 shares of the financial services provider’s stock valued at $5,443,000 after buying an additional 9,800 shares in the last quarter. 78.24% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

GRBK has been the subject of several research reports. 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 reiterated a “market perform” rating on shares of Green Brick Partners in a research report on Tuesday, December 3rd.

Green Brick Partners Stock Up 1.1 %

GRBK stock opened at $58.34 on Tuesday. The company’s 50 day simple moving average is $59.65 and its 200-day simple moving average is $66.39. Green Brick Partners, Inc. has a 52-week low of $51.76 and a 52-week high of $84.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. The firm has a market capitalization of $2.60 billion, a P/E ratio of 7.58 and a beta of 1.89.

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.