7,862 Shares in Green Brick Partners, Inc. $GRBK Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new stake in Green Brick Partners, Inc. (NASDAQ:GRBK) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,862 shares of the financial services provider’s stock, valued at approximately $493,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Osterweis Capital Management Inc. bought a new position in shares of Green Brick Partners in the second quarter worth $31,000. Clearstead Advisors LLC raised its stake in shares of Green Brick Partners by 467.3% during the fourth quarter. Clearstead Advisors LLC now owns 556 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 458 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Green Brick Partners by 76.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 819 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 354 shares in the last quarter. Pinnacle Holdings LLC acquired a new stake in Green Brick Partners in the fourth quarter worth about $69,000. Finally, NBC Securities Inc. lifted its holdings in Green Brick Partners by 5,724.0% in the fourth quarter. NBC Securities Inc. now owns 1,456 shares of the financial services provider’s stock worth $91,000 after purchasing an additional 1,431 shares during the period. Institutional investors own 78.24% of the company’s stock.

Green Brick Partners Stock Performance

Shares of NASDAQ GRBK opened at $74.86 on Friday. The stock has a fifty day moving average price of $71.22 and a two-hundred day moving average price of $70.10. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. The firm has a market cap of $3.23 billion, a P/E ratio of 9.72 and a beta of 1.79. Green Brick Partners, Inc. has a 1 year low of $60.44 and a 1 year high of $83.18.

Green Brick Partners (NASDAQ:GRBK) last posted its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.20. Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%.The firm’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.67 EPS. Research analysts forecast that Green Brick Partners, Inc. will post 8.34 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Citizens Jmp reissued a “market perform” rating on shares of Green Brick Partners in a research note on Tuesday, May 19th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Green Brick Partners presently has a consensus rating of “Hold”.

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.