Public Sector Pension Investment Board raised its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 17.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,168 shares of the financial services provider's stock after purchasing an additional 9,800 shares during the quarter. Public Sector Pension Investment Board owned 0.15% of Green Brick Partners worth $5,443,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in GRBK. Dimensional Fund Advisors LP raised its stake in Green Brick Partners by 1.0% in the second 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. increased its stake in shares of Green Brick Partners by 0.8% during the second quarter. Salem Investment Counselors Inc. now owns 743,183 shares of the financial services provider's stock valued at $42,540,000 after buying an additional 6,045 shares during the period. American Century Companies Inc. raised its stake in Green Brick Partners by 0.5% in the second quarter. American Century Companies Inc. now owns 591,085 shares of the financial services provider's stock worth $33,834,000 after buying an additional 2,875 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Green Brick Partners by 19.3% in 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 during the period. Finally, Assenagon Asset Management S.A. boosted 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 buying an additional 164,840 shares in the last quarter. Institutional investors and hedge funds own 78.24% of the company's stock.
Green Brick Partners Stock Up 0.0 %
NASDAQ:GRBK traded up $0.01 during mid-day trading on Monday, reaching $71.47. The company's stock had a trading volume of 273,503 shares, compared to its average volume of 387,163. The stock has a fifty day moving average of $75.68 and a 200-day moving average of $69.27. 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, Inc. has a 1 year low of $48.14 and a 1 year high of $84.66. The firm has a market capitalization of $3.18 billion, a PE ratio of 9.28 and a beta of 1.83.
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 EPS for the quarter, missing the consensus estimate of $2.07 by ($0.09). The firm had revenue of $523.70 million for 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 firm's quarterly revenue was up 25.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.56 EPS. Equities research analysts forecast that Green Brick Partners, Inc. will post 8.24 earnings per share for the current year.
Analyst Ratings Changes
Separately, Wedbush restated a "neutral" rating and set a $60.00 target price (up previously from $53.00) on shares of Green Brick Partners in a research note on Monday, August 5th.
Read Our Latest Stock Analysis on Green Brick Partners
About Green Brick Partners
(
Free Report)
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.
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