Green Brick Partners, Inc. (NASDAQ:GRBK) Shares Sold by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. cut its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 26.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,885 shares of the financial services provider’s stock after selling 10,850 shares during the quarter. Triasima Portfolio Management inc. owned about 0.07% of Green Brick Partners worth $1,688,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GRBK. Hollencrest Capital Management acquired a new position in Green Brick Partners during the third quarter worth about $29,000. Nisa Investment Advisors LLC raised its stake in Green Brick Partners by 26.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider’s stock worth $79,000 after purchasing an additional 289 shares during the period. Blue Trust Inc. raised its stake in Green Brick Partners by 43.6% during the third quarter. Blue Trust Inc. now owns 1,142 shares of the financial services provider’s stock worth $95,000 after purchasing an additional 347 shares during the period. KBC Group NV raised its stake 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 purchasing an additional 873 shares during the period. Finally, GAMMA Investing LLC raised its stake in Green Brick Partners by 20.9% during the third quarter. GAMMA Investing LLC now owns 1,766 shares of the financial services provider’s stock worth $147,000 after purchasing an additional 305 shares during the period. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Green Brick Partners Price Performance

Green Brick Partners stock opened at $59.80 on Friday. The company’s 50 day simple moving average is $60.74 and its 200-day simple moving average is $70.13. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of 7.85 and a beta of 1.84. Green Brick Partners, Inc. has a 1 year low of $50.67 and a 1 year high of $84.66. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57.

Analysts Set New Price Targets

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

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.