Congress Wealth Management LLC DE Sells 371 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

Congress Wealth Management LLC DE trimmed its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 9.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,729 shares of the financial services provider’s stock after selling 371 shares during the period. Congress Wealth Management LLC DE’s holdings in Green Brick Partners were worth $211,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of GRBK. SBI Securities Co. Ltd. acquired a new position in Green Brick Partners during the fourth quarter valued at approximately $57,000. Nisa Investment Advisors LLC raised its stake in shares of Green Brick Partners by 26.1% during the 4th 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 in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Green Brick Partners by 207.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,702 shares of the financial services provider’s stock valued at $96,000 after buying an additional 1,149 shares during the last quarter. KBC Group NV grew its stake in shares of Green Brick Partners by 93.9% in the fourth quarter. KBC Group NV now owns 1,803 shares of the financial services provider’s stock valued at $102,000 after buying an additional 873 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA acquired a new position in Green Brick Partners during the fourth quarter worth $226,000. Institutional investors own 78.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GRBK. Wedbush reiterated a “neutral” rating and issued a $70.00 price target on shares of Green Brick Partners in a research note on Friday, February 28th. JMP Securities reiterated a “market perform” rating on shares of Green Brick Partners in a report on Tuesday, December 3rd.

Green Brick Partners Trading Down 3.0 %

Shares of Green Brick Partners stock opened at $57.73 on Monday. 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 business has a fifty day simple moving average of $59.68 and a two-hundred day simple moving average of $66.51. Green Brick Partners, Inc. has a 1 year low of $51.76 and a 1 year high of $84.66. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 7.50 and a beta of 1.89.

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.