Bank of Montreal Can Purchases 310 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

Bank of Montreal Can increased its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 8.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,033 shares of the financial services provider’s stock after buying an additional 310 shares during the period. Bank of Montreal Can’s holdings in Green Brick Partners were worth $228,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Green Brick Partners by 9.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 397,624 shares of the financial services provider’s stock valued at $22,462,000 after purchasing an additional 33,152 shares during the period. JPMorgan Chase & Co. lifted its stake in Green Brick Partners by 68.4% in the third quarter. JPMorgan Chase & Co. now owns 292,590 shares of the financial services provider’s stock valued at $24,437,000 after buying an additional 118,858 shares during the period. Annex Advisory Services LLC boosted its holdings in shares of Green Brick Partners by 26.5% during the 4th quarter. Annex Advisory Services LLC now owns 271,931 shares of the financial services provider’s stock worth $15,361,000 after buying an additional 57,045 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in shares of Green Brick Partners by 2.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 220,522 shares of the financial services provider’s stock worth $12,457,000 after buying an additional 4,811 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Green Brick Partners in the 4th quarter valued at $9,488,000. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Price Performance

Shares of NASDAQ GRBK opened at $57.97 on Friday. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 7.53 and a beta of 1.82. Green Brick Partners, Inc. has a fifty-two week low of $50.57 and a fifty-two week high of $84.66. The firm’s 50-day simple moving average is $58.04 and its 200 day simple moving average is $63.27. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57.

Analyst Ratings Changes

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 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.