BNP Paribas Financial Markets Has $4.90 Million Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

BNP Paribas Financial Markets boosted its stake in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 177.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,644 shares of the financial services provider's stock after buying an additional 37,503 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.13% of Green Brick Partners worth $4,898,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Dimensional Fund Advisors LP raised its holdings in shares of Green Brick Partners by 1.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,609,122 shares of the financial services provider's stock valued at $92,106,000 after purchasing an additional 16,613 shares in the last quarter. Salem Investment Counselors Inc. raised its holdings in shares of Green Brick Partners by 0.8% during the 2nd quarter. Salem Investment Counselors Inc. now owns 743,183 shares of the financial services provider's stock valued at $42,540,000 after purchasing an additional 6,045 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Green Brick Partners by 0.5% during the 2nd quarter. American Century Companies Inc. now owns 591,085 shares of the financial services provider's stock valued at $33,834,000 after purchasing an additional 2,875 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Green Brick Partners by 19.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 364,472 shares of the financial services provider's stock valued at $30,441,000 after purchasing an additional 58,935 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Green Brick Partners by 206.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 244,537 shares of the financial services provider's stock valued at $20,424,000 after purchasing an additional 164,840 shares in the last quarter. Institutional investors own 78.24% of the company's stock.

Green Brick Partners Stock Performance

GRBK traded down $1.76 during trading on Wednesday, hitting $69.86. The stock had a trading volume of 81,910 shares, compared to its average volume of 386,036. The firm has a market cap of $3.11 billion, a PE ratio of 9.34 and a beta of 1.80. Green Brick Partners, Inc. has a 12 month low of $48.30 and a 12 month high of $84.66. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20. The company has a 50 day simple moving average of $75.27 and a 200-day simple moving average of $69.47.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $1.98 EPS for the quarter, missing the consensus estimate of $2.07 by ($0.09). The firm had revenue of $523.70 million during the quarter, compared to the consensus estimate of $539.86 million. Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%. The business's revenue was up 25.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.56 EPS. Analysts expect that Green Brick Partners, Inc. will post 8.24 EPS for the current year.

Analysts Set New Price Targets

Separately, JMP Securities restated a "market perform" rating on shares of Green Brick Partners in a report on Tuesday.

About Green Brick Partners

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.