Rhumbline Advisers Sells 1,037 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

Rhumbline Advisers reduced its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,762 shares of the financial services provider’s stock after selling 1,037 shares during the period. Rhumbline Advisers’ holdings in Green Brick Partners were worth $5,184,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Hollencrest Capital Management purchased a new position in Green Brick Partners during the third quarter worth about $29,000. Nisa Investment Advisors LLC boosted its position in shares of Green Brick Partners by 26.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider’s stock valued at $79,000 after acquiring an additional 289 shares during the last quarter. KBC Group NV grew its holdings in shares of Green Brick Partners by 93.9% during the fourth quarter. KBC Group NV now owns 1,803 shares of the financial services provider’s stock worth $102,000 after purchasing an additional 873 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new position in shares of Green Brick Partners in the fourth quarter worth approximately $226,000. Finally, Yorktown Management & Research Co Inc bought a new position in shares of Green Brick Partners in the fourth quarter worth approximately $229,000. Institutional investors own 78.24% of the company’s stock.

Analyst Ratings Changes

Separately, JMP Securities reissued a “market perform” rating on shares of Green Brick Partners in a research note on Tuesday, December 3rd.

Green Brick Partners Trading Up 5.9 %

Shares of GRBK stock opened at $61.27 on Friday. The business has a 50-day moving average price of $58.65 and a two-hundred day moving average price of $68.85. Green Brick Partners, Inc. has a 12-month low of $50.67 and a 12-month 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. The firm has a market cap of $2.73 billion, a P/E ratio of 7.96 and a beta of 1.84.

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.