Congress Wealth Management LLC DE Has $211,000 Stock Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

Congress Wealth Management LLC DE lowered its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 9.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,729 shares of the financial services provider’s stock after selling 371 shares during the period. Congress Wealth Management LLC DE’s holdings in Green Brick Partners were worth $211,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of GRBK. Charles Schwab Investment Management Inc. raised 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 worth $30,441,000 after purchasing an additional 58,935 shares in the last quarter. Citigroup Inc. increased its holdings in shares of 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 purchasing an additional 21,478 shares during the period. BNP Paribas Financial Markets raised its position in shares of Green Brick Partners by 177.4% in the third quarter. BNP Paribas Financial Markets now owns 58,644 shares of the financial services provider’s stock valued at $4,898,000 after buying an additional 37,503 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of 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 valued at $648,000 after buying an additional 2,471 shares during the period. Finally, Public Sector Pension Investment Board grew its position in Green Brick Partners by 17.7% during the third quarter. Public Sector Pension Investment Board now owns 65,168 shares of the financial services provider’s stock worth $5,443,000 after buying an additional 9,800 shares in the last quarter. Institutional investors own 78.24% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on GRBK shares. JMP Securities reaffirmed a “market perform” rating on shares of Green Brick Partners in a report on Tuesday, December 3rd. 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.

Green Brick Partners Stock Performance

Shares of NASDAQ:GRBK opened at $57.73 on Monday. The company’s 50 day simple moving average is $59.68 and its 200 day simple moving average is $66.51. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. Green Brick Partners, Inc. has a 1 year low of $51.76 and a 1 year high of $84.66. The stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of 7.50 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.