WINTON GROUP Ltd acquired a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 50,843 shares of the financial services provider’s stock, valued at approximately $3,186,000. WINTON GROUP Ltd owned 0.12% of Green Brick Partners as of its most recent filing with the SEC.
A number of other hedge funds have also recently made changes to their positions in GRBK. Raiffeisen Bank International AG purchased a new position in Green Brick Partners in the 3rd quarter valued at approximately $1,942,000. JPMorgan Chase & Co. boosted its position in Green Brick Partners by 17.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 232,290 shares of the financial services provider’s stock valued at $17,157,000 after buying an additional 34,433 shares during the period. Public Sector Pension Investment Board boosted its position in Green Brick Partners by 15.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 118,971 shares of the financial services provider’s stock valued at $8,787,000 after buying an additional 15,667 shares during the period. HighTower Advisors LLC purchased a new position in Green Brick Partners in the 3rd quarter valued at approximately $2,975,000. Finally, Kennondale Capital Management LLC boosted its position in Green Brick Partners by 42.5% in the 3rd quarter. Kennondale Capital Management LLC now owns 48,995 shares of the financial services provider’s stock valued at $3,619,000 after buying an additional 14,622 shares during the period. Hedge funds and other institutional investors own 78.24% of the company’s stock.
Analyst Ratings Changes
Separately, Citizens Jmp reissued a “market perform” rating on shares of Green Brick Partners in a research report on Tuesday, May 19th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $62.00.
Green Brick Partners Stock Performance
Shares of GRBK stock opened at $68.92 on Monday. 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 52 week low of $58.65 and a 52 week high of $80.97. The stock has a market capitalization of $2.97 billion, a PE ratio of 8.95 and a beta of 1.81. The firm has a 50 day moving average of $66.81 and a two-hundred day moving average of $68.17.
Green Brick Partners (NASDAQ:GRBK – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.20. Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. During the same period last year, the business posted $1.67 EPS. Green Brick Partners’s revenue for the quarter was down 5.9% compared to the same quarter last year. On average, research analysts predict that Green Brick Partners, Inc. will post 8.34 EPS for the current fiscal year.
Green Brick Partners Company Profile
Green Brick Partners, Inc (NASDAQ: GRBK) is a Dallas, Texas–based residential homebuilder and land development company. Founded in 2006, the company acquires, develops and sells residential lots and constructs single‐family detached homes, townhomes and multi‐family rental communities. Green Brick Partners also offers master‐planned community development and delivers improved lot ready capability through its funded land development segment.
Operating across key Sun Belt markets, Green Brick Partners serves homebuyers in the Dallas–Fort Worth metroplex, Greater Houston, Austin and the Atlanta metropolitan area.
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