Green Brick Partners, Inc. (NASDAQ:GRBK) Shares Purchased by Barclays PLC

Barclays PLC raised its position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 206.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,432 shares of the financial services provider's stock after purchasing an additional 38,695 shares during the quarter. Barclays PLC owned about 0.13% of Green Brick Partners worth $4,796,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Zacks Investment Management grew its holdings in shares of Green Brick Partners by 4.7% during the 3rd quarter. Zacks Investment Management now owns 28,170 shares of the financial services provider's stock worth $2,353,000 after purchasing an additional 1,264 shares during the period. State Street Corp boosted its stake in Green Brick Partners by 5.8% during the third quarter. State Street Corp now owns 1,737,812 shares of the financial services provider's stock worth $145,142,000 after buying an additional 94,834 shares during the period. Jacobs Levy Equity Management Inc. increased its position in shares of Green Brick Partners by 21.4% during the third quarter. Jacobs Levy Equity Management Inc. now owns 142,775 shares of the financial services provider's stock valued at $11,925,000 after acquiring an additional 25,150 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Green Brick Partners by 4.8% in the 3rd quarter. Janus Henderson Group PLC now owns 34,060 shares of the financial services provider's stock valued at $2,844,000 after acquiring an additional 1,547 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of Green Brick Partners by 2.4% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 120,741 shares of the financial services provider's stock worth $10,084,000 after acquiring an additional 2,880 shares during the last quarter. Hedge funds and other institutional investors own 78.24% of the company's stock.

Green Brick Partners Stock Up 1.7 %

Shares of GRBK stock traded up $0.94 during trading on Friday, reaching $57.63. The company's stock had a trading volume of 697,143 shares, compared to its average volume of 383,833. Green Brick Partners, Inc. has a 1-year low of $48.38 and a 1-year high of $84.66. The stock's 50-day moving average price is $71.13 and its 200 day moving average price is $70.34. The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of 7.48 and a beta of 1.80. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last posted its quarterly 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 business had revenue of $523.70 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm earned $1.56 EPS. On average, research analysts anticipate that Green Brick Partners, Inc. will post 8.24 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, JMP Securities reiterated a "market perform" rating on shares of Green Brick Partners in a report on Tuesday, December 3rd.

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.