Chase Investment Counsel Corp Buys New Stake in Green Brick Partners, Inc. $GRBK

Chase Investment Counsel Corp bought a new stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 24,000 shares of the financial services provider’s stock, valued at approximately $1,503,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Osterweis Capital Management Inc. acquired a new position in Green Brick Partners during the second quarter valued at $31,000. Parkside Financial Bank & Trust lifted its position in Green Brick Partners by 1,228.6% during the third quarter. Parkside Financial Bank & Trust now owns 465 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 430 shares during the period. Federated Hermes Inc. lifted its position in Green Brick Partners by 195.5% during the third quarter. Federated Hermes Inc. now owns 591 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 391 shares during the period. SBI Securities Co. Ltd. lifted its position in Green Brick Partners by 45.5% during the third quarter. SBI Securities Co. Ltd. now owns 863 shares of the financial services provider’s stock valued at $64,000 after purchasing an additional 270 shares during the period. Finally, Rothschild Investment LLC lifted its position in Green Brick Partners by 1,590.9% during the third quarter. Rothschild Investment LLC now owns 930 shares of the financial services provider’s stock valued at $69,000 after purchasing an additional 875 shares during the period. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Green Brick Partners Trading Up 0.1%

NASDAQ GRBK opened at $62.09 on Monday. The company has a market capitalization of $2.68 billion, a PE ratio of 8.06 and a beta of 1.85. The company has a fifty day moving average of $66.19 and a 200 day moving average of $67.82. Green Brick Partners, Inc. has a 1 year low of $56.85 and a 1 year high of $80.97. 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) last posted its earnings results on Wednesday, April 29th. The financial services provider reported $1.39 earnings per share (EPS) 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%. The firm’s revenue was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.67 earnings per share. Research analysts forecast that Green Brick Partners, Inc. will post 8.34 earnings per share for the current year.

Green Brick Partners 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.