Old West Investment Management LLC Has $1.12 Million Stake in Green Brick Partners, Inc. (GRBK)

Old West Investment Management LLC lowered its stake in Green Brick Partners, Inc. (NASDAQ:GRBK) by 8.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 113,105 shares of the financial services provider’s stock after selling 10,158 shares during the period. Old West Investment Management LLC owned approximately 0.22% of Green Brick Partners worth $1,119,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in shares of Green Brick Partners by 7.8% in the third quarter. Dimensional Fund Advisors LP now owns 839,724 shares of the financial services provider’s stock worth $8,313,000 after purchasing an additional 60,713 shares during the last quarter. State Street Corp grew its stake in shares of Green Brick Partners by 13.4% in the second quarter. State Street Corp now owns 352,441 shares of the financial services provider’s stock worth $4,035,000 after purchasing an additional 41,606 shares during the last quarter. PDT Partners LLC bought a new stake in shares of Green Brick Partners in the second quarter worth about $190,000. Punch & Associates Investment Management Inc. grew its stake in shares of Green Brick Partners by 1.3% in the second quarter. Punch & Associates Investment Management Inc. now owns 1,270,210 shares of the financial services provider’s stock worth $14,544,000 after purchasing an additional 16,430 shares during the last quarter. Finally, Macquarie Group Ltd. bought a new stake in shares of Green Brick Partners in the third quarter worth about $139,000. Hedge funds and other institutional investors own 79.65% of the company’s stock.

Shares of Green Brick Partners, Inc. (NASDAQ GRBK) opened at $11.10 on Thursday. The stock has a market capitalization of $574.13, a PE ratio of 11.02 and a beta of 1.79. Green Brick Partners, Inc. has a 12 month low of $8.00 and a 12 month high of $12.20.

GRBK has been the topic of several recent analyst reports. TheStreet raised Green Brick Partners from a “c+” rating to a “b” rating in a research note on Thursday, August 17th. BidaskClub cut Green Brick Partners from a “hold” rating to a “sell” rating in a research note on Monday, August 14th.

In related news, insider Jed Dolson sold 5,400 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $11.02, for a total value of $59,508.00. Following the sale, the insider now directly owns 89,583 shares of the company’s stock, valued at $987,204.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 53.50% of the stock is owned by company insiders.

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Green Brick Partners Company Profile

Green Brick Partners, Inc operates in the real estate industry. The Company operates through two segments. The builder operations segment includes its controlled builders results, which include building and selling single-family detached homes and townhomes that are designed and built to meet local customer preferences, and the sale of lots.

Institutional Ownership by Quarter for Green Brick Partners (NASDAQ:GRBK)

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