GSA Capital Partners LLP Has $1.15 Million Stock Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

GSA Capital Partners LLP increased its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 136.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,775 shares of the financial services provider's stock after buying an additional 7,959 shares during the period. GSA Capital Partners LLP's holdings in Green Brick Partners were worth $1,150,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Entropy Technologies LP bought a new stake in shares of Green Brick Partners in the 3rd quarter valued at about $278,000. Los Angeles Capital Management LLC grew its holdings in Green Brick Partners by 23.4% during the third quarter. Los Angeles Capital Management LLC now owns 36,487 shares of the financial services provider's stock valued at $3,047,000 after purchasing an additional 6,929 shares during the period. Hollencrest Capital Management bought a new stake in Green Brick Partners in the third quarter valued at approximately $29,000. Principal Financial Group Inc. raised its holdings in Green Brick Partners by 15.3% in the third quarter. Principal Financial Group Inc. now owns 158,760 shares of the financial services provider's stock worth $13,260,000 after purchasing an additional 21,012 shares during the period. Finally, Advisor Resource Council acquired a new stake in Green Brick Partners in the third quarter worth $501,000. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

GRBK has been the subject of a number of recent analyst reports. B. Riley upped their price objective on shares of Green Brick Partners from $62.00 to $78.00 and gave the company a "neutral" rating in a research report on Friday, August 2nd. Wedbush reiterated a "neutral" rating and set a $60.00 price objective (up previously from $53.00) on shares of Green Brick Partners in a report on Monday, August 5th.

Green Brick Partners Stock Down 0.8 %

Shares of NASDAQ:GRBK traded down $0.54 during midday trading on Friday, reaching $69.41. 232,513 shares of the company were exchanged, compared to its average volume of 391,985. The firm has a market cap of $3.09 billion, a PE ratio of 9.01 and a beta of 1.83. Green Brick Partners, Inc. has a fifty-two week low of $46.61 and a fifty-two week high of $84.66. The stock has a fifty day simple moving average of $77.13 and a two-hundred day simple moving average of $68.06. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $1.98 earnings per share (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 analyst estimates of $539.86 million. Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. The business's revenue for the quarter was up 25.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.56 EPS. As a group, sell-side analysts forecast that Green Brick Partners, Inc. will post 8.24 earnings per share for the current year.

Green Brick Partners 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.