PFG Advisors Has $438,000 Stake in Green Brick Partners, Inc. (NASDAQ:GRBK)

PFG Advisors lifted its stake in Green Brick Partners, Inc. (NASDAQ:GRBK) by 20.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,746 shares of the financial services provider’s stock after purchasing an additional 1,293 shares during the period. PFG Advisors’ holdings in Green Brick Partners were worth $438,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Amalgamated Bank boosted its position in shares of Green Brick Partners by 14.8% during the third quarter. Amalgamated Bank now owns 9,061 shares of the financial services provider’s stock worth $757,000 after purchasing an additional 1,169 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Green Brick Partners by 15.3% in the 3rd quarter. Principal Financial Group Inc. now owns 158,760 shares of the financial services provider’s stock valued at $13,260,000 after purchasing an additional 21,012 shares during the period. Entropy Technologies LP bought a new position in Green Brick Partners in the 3rd quarter valued at about $278,000. GSA Capital Partners LLP raised its holdings in Green Brick Partners by 136.8% in the 3rd quarter. GSA Capital Partners LLP now owns 13,775 shares of the financial services provider’s stock valued at $1,150,000 after acquiring an additional 7,959 shares during the period. Finally, Aigen Investment Management LP acquired a new position in shares of Green Brick Partners during the 3rd quarter worth approximately $271,000. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Stock Up 1.2 %

Green Brick Partners stock opened at $57.97 on Friday. The stock has a market cap of $2.58 billion, a PE ratio of 7.53 and a beta of 1.89. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. Green Brick Partners, Inc. has a fifty-two week low of $51.76 and a fifty-two week high of $84.66. The firm’s 50-day simple moving average is $59.28 and its 200 day simple moving average is $67.99.

Wall Street Analyst Weigh In

Several analysts recently issued reports on GRBK shares. JMP Securities reiterated a “market perform” rating on shares of Green Brick Partners in a research report on Tuesday, December 3rd. Wedbush reissued a “neutral” rating and set a $70.00 target price on shares of Green Brick Partners in a research note on Friday, February 28th.

Green Brick Partners 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.