Y Intercept Hong Kong Ltd Makes New $315,000 Investment in Green Brick Partners, Inc. (NASDAQ:GRBK)

Y Intercept Hong Kong Ltd acquired a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,569 shares of the financial services provider’s stock, valued at approximately $315,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Lakewood Asset Management LLC grew its holdings in Green Brick Partners by 2.4% during the 4th quarter. Lakewood Asset Management LLC now owns 8,262 shares of the financial services provider’s stock worth $467,000 after acquiring an additional 193 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Green Brick Partners by 26.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider’s stock valued at $79,000 after buying an additional 289 shares during the period. Hollencrest Capital Management acquired a new position in shares of Green Brick Partners in the 3rd quarter valued at about $29,000. Handelsbanken Fonder AB boosted its holdings in shares of Green Brick Partners by 4.4% in the 4th quarter. Handelsbanken Fonder AB now owns 9,400 shares of the financial services provider’s stock valued at $531,000 after buying an additional 400 shares during the period. Finally, Mutual of America Capital Management LLC boosted its holdings in shares of Green Brick Partners by 11.6% in the 3rd quarter. Mutual of America Capital Management LLC now owns 4,617 shares of the financial services provider’s stock valued at $386,000 after buying an additional 481 shares during the period. 78.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Green Brick Partners Trading Down 1.9 %

Shares of NASDAQ:GRBK opened at $58.60 on Tuesday. The company has a market cap of $2.61 billion, a PE ratio of 7.61 and a beta of 1.84. The company’s 50-day moving average price is $58.69 and its 200 day moving average price is $68.78. Green Brick Partners, Inc. has a fifty-two week low of $51.04 and a fifty-two week high of $84.66. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20.

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.