Green Brick Partners, Inc. (NASDAQ:GRBK) Stake Lessened by American Century Companies Inc.

American Century Companies Inc. lessened its holdings in Green Brick Partners, Inc. (NASDAQ:GRBK) by 87.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,959 shares of the financial services provider’s stock after selling 273,576 shares during the period. American Century Companies Inc.’s holdings in Green Brick Partners were worth $2,201,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of GRBK. Lakewood Asset Management LLC lifted its position in Green Brick Partners by 2.4% in the 4th quarter. Lakewood Asset Management LLC now owns 8,262 shares of the financial services provider’s stock worth $467,000 after buying an additional 193 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Green Brick Partners by 26.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider’s stock worth $79,000 after acquiring an additional 289 shares during the last quarter. Handelsbanken Fonder AB raised its holdings in shares of Green Brick Partners by 4.4% during the fourth quarter. Handelsbanken Fonder AB now owns 9,400 shares of the financial services provider’s stock worth $531,000 after acquiring an additional 400 shares in the last quarter. Cavalier Investments LLC boosted its position in Green Brick Partners by 4.1% during the fourth quarter. Cavalier Investments LLC now owns 12,085 shares of the financial services provider’s stock valued at $683,000 after purchasing an additional 480 shares during the last quarter. Finally, New York State Teachers Retirement System grew its stake in Green Brick Partners by 4.3% in the fourth quarter. New York State Teachers Retirement System now owns 12,909 shares of the financial services provider’s stock valued at $729,000 after purchasing an additional 528 shares in the last quarter. Hedge funds and other institutional investors own 78.24% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wedbush reaffirmed a “neutral” rating and set a $70.00 price target on shares of Green Brick Partners in a research note on Friday, February 28th.

Green Brick Partners Stock Performance

GRBK stock opened at $53.46 on Wednesday. The firm has a 50 day moving average of $58.98 and a two-hundred day moving average of $65.30. Green Brick Partners, Inc. has a 12 month low of $51.76 and a 12 month high of $84.66. The company has a market capitalization of $2.38 billion, a price-to-earnings ratio of 6.94 and a beta of 1.82. 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 Company 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.