Raiffeisen Bank International AG Buys Shares of 26,299 Green Brick Partners, Inc. $GRBK

Raiffeisen Bank International AG purchased a new position in Green Brick Partners, Inc. (NASDAQ:GRBK) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 26,299 shares of the financial services provider’s stock, valued at approximately $1,942,000.

Several other large investors have also recently made changes to their positions in the company. Royal Bank of Canada raised its stake in Green Brick Partners by 7.4% in the 1st quarter. Royal Bank of Canada now owns 9,915 shares of the financial services provider’s stock valued at $579,000 after purchasing an additional 683 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Green Brick Partners by 91.5% during the first quarter. AQR Capital Management LLC now owns 20,091 shares of the financial services provider’s stock worth $1,172,000 after buying an additional 9,597 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Green Brick Partners by 13.2% in the first quarter. Goldman Sachs Group Inc. now owns 270,236 shares of the financial services provider’s stock valued at $15,757,000 after buying an additional 31,547 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Green Brick Partners by 7.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,597 shares of the financial services provider’s stock valued at $3,825,000 after buying an additional 4,763 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Green Brick Partners in the second quarter worth about $204,000. 78.24% of the stock is currently owned by hedge funds and other institutional investors.

Green Brick Partners Stock Up 0.5%

Shares of GRBK opened at $78.69 on Friday. Green Brick Partners, Inc. has a 52-week low of $50.57 and a 52-week high of $80.97. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. The stock has a fifty day simple moving average of $70.33 and a two-hundred day simple moving average of $68.87. The company has a market capitalization of $3.43 billion, a PE ratio of 10.22 and a beta of 1.99.

Wall Street Analyst Weigh In

Separately, BTIG Research began coverage on shares of Green Brick Partners in a research note on Monday, December 1st. They set a “neutral” rating for the company. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $66.00.

Green Brick Partners Profile

Green Brick Partners, Inc (NASDAQ: GRBK) is a Dallas, Texas–based residential homebuilder and land development company. Founded in 2006, the company acquires, develops and sells residential lots and constructs single‐family detached homes, townhomes and multi‐family rental communities. Green Brick Partners also offers master‐planned community development and delivers improved lot ready capability through its funded land development segment.

Operating across key Sun Belt markets, Green Brick Partners serves homebuyers in the Dallas–Fort Worth metroplex, Greater Houston, Austin and the Atlanta metropolitan area.