Amundi Makes New $1.33 Million Investment in Green Brick Partners, Inc. (NASDAQ:GRBK)

Amundi acquired a new position in Green Brick Partners, Inc. (NASDAQ:GRBK) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 23,899 shares of the financial services provider’s stock, valued at approximately $1,326,000. Amundi owned 0.05% of Green Brick Partners at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GRBK. SBI Securities Co. Ltd. purchased a new stake in Green Brick Partners in the fourth quarter valued at $57,000. Nisa Investment Advisors LLC lifted 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. PNC Financial Services Group Inc. boosted its stake in shares of Green Brick Partners by 207.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,702 shares of the financial services provider’s stock worth $96,000 after buying an additional 1,149 shares during the last quarter. KBC Group NV grew its holdings in 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 acquiring an additional 873 shares during the period. Finally, Compagnie Lombard Odier SCmA purchased a new position in Green Brick Partners during the fourth quarter valued at approximately $226,000. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Stock Down 0.0 %

Green Brick Partners stock opened at $58.03 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. The stock has a market capitalization of $2.58 billion, a PE ratio of 7.54 and a beta of 1.89. The business has a 50 day simple moving average of $59.44 and a 200-day simple moving average of $67.42. Green Brick Partners, Inc. has a 12 month low of $51.76 and a 12 month high of $84.66.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Wedbush restated a “neutral” rating and issued a $70.00 price objective on shares of Green Brick Partners in a research report on Friday, February 28th. JMP Securities restated a “market perform” rating on shares of Green Brick Partners in a research report on Tuesday, December 3rd.

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.