Stratos Wealth Partners LTD. Sells 690 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

Stratos Wealth Partners LTD. trimmed its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,283 shares of the financial services provider’s stock after selling 690 shares during the period. Stratos Wealth Partners LTD.’s holdings in Green Brick Partners were worth $807,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of GRBK. Creative Planning raised its stake in shares of Green Brick Partners by 39.3% during the second quarter. Creative Planning now owns 5,221 shares of the financial services provider’s stock worth $299,000 after buying an additional 1,474 shares during the last quarter. SG Americas Securities LLC bought a new stake in Green Brick Partners in the third quarter valued at approximately $679,000. Vontobel Holding Ltd. bought a new stake in Green Brick Partners in the third quarter valued at approximately $255,000. nVerses Capital LLC increased its stake in Green Brick Partners by 31.8% in the third quarter. nVerses Capital LLC now owns 2,900 shares of the financial services provider’s stock valued at $242,000 after purchasing an additional 700 shares in the last quarter. Finally, Harbour Capital Advisors LLC bought a new stake in Green Brick Partners in the third quarter valued at approximately $430,000. 78.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

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 Stock Up 1.8 %

Green Brick Partners stock opened at $59.01 on Tuesday. The stock has a market capitalization of $2.63 billion, a PE ratio of 7.66 and a beta of 1.84. Green Brick Partners, Inc. has a twelve month low of $50.67 and a twelve month high of $84.66. 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 company has a 50 day moving average of $60.22 and a 200-day moving average of $69.90.

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.