143,546 Shares in Green Brick Partners, Inc. (NASDAQ:GRBK) Bought by WCM Investment Management LLC

WCM Investment Management LLC purchased a new stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 143,546 shares of the financial services provider’s stock, valued at approximately $8,053,000.

A number of other hedge funds have also modified their holdings of the company. Assenagon Asset Management S.A. boosted its position in Green Brick Partners by 206.8% in the third quarter. Assenagon Asset Management S.A. now owns 244,537 shares of the financial services provider’s stock valued at $20,424,000 after buying an additional 164,840 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Green Brick Partners by 68.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 292,590 shares of the financial services provider’s stock valued at $24,437,000 after acquiring an additional 118,858 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in shares of Green Brick Partners by 114.9% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 215,711 shares of the financial services provider’s stock valued at $18,016,000 after acquiring an additional 115,318 shares during the last quarter. State Street Corp increased its stake in shares of Green Brick Partners by 5.8% in the third quarter. State Street Corp now owns 1,737,812 shares of the financial services provider’s stock worth $145,142,000 after acquiring an additional 94,834 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Green Brick Partners by 9.1% during the third quarter. Geode Capital Management LLC now owns 710,144 shares of the financial services provider’s stock worth $59,324,000 after purchasing an additional 59,098 shares during the last quarter. 78.24% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Green Brick Partners Trading Down 3.3 %

Green Brick Partners stock opened at $57.89 on Monday. The firm has a market cap of $2.58 billion, a PE ratio of 7.52 and a beta of 1.84. Green Brick Partners, Inc. has a 12 month low of $50.67 and a 12 month high of $84.66. The stock’s 50 day simple moving average is $60.47 and its two-hundred day simple moving average is $70.00. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20.

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.