Yorktown Management & Research Co Inc Buys Shares of 4,050 Green Brick Partners, Inc. (NASDAQ:GRBK)

Yorktown Management & Research Co Inc bought a new stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 4,050 shares of the financial services provider’s stock, valued at approximately $229,000.

Other large investors also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. acquired a new position in Green Brick Partners during the 3rd quarter valued at about $1,352,000. Empowered Funds LLC acquired a new position in Green Brick Partners during the 3rd quarter valued at about $4,065,000. Principal Financial Group Inc. lifted its position in Green Brick Partners by 15.3% during 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. Geode Capital Management LLC lifted its position in Green Brick Partners by 9.1% during the 3rd quarter. Geode Capital Management LLC now owns 710,144 shares of the financial services provider’s stock valued at $59,324,000 after purchasing an additional 59,098 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Green Brick Partners by 19.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 364,472 shares of the financial services provider’s stock valued at $30,441,000 after acquiring an additional 58,935 shares during the last quarter. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Green Brick Partners Stock Performance

Shares of GRBK stock opened at $59.05 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 cap of $2.63 billion, a PE ratio of 7.67 and a beta of 1.84. The stock has a 50-day moving average of $61.21 and a 200-day moving average of $70.27. Green Brick Partners, Inc. has a one year low of $50.67 and a one year high of $84.66.

Wall Street Analyst Weigh In

Separately, JMP Securities reaffirmed a “market perform” rating on shares of Green Brick Partners in a research note 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.