Green Brick Partners, Inc. $GRBK Stock Position Raised by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 451,033.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 464,667 shares of the financial services provider’s stock after acquiring an additional 464,564 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 1.07% of Green Brick Partners worth $29,116,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Osterweis Capital Management Inc. bought a new stake in shares of Green Brick Partners during the 2nd quarter worth $31,000. Parkside Financial Bank & Trust boosted its stake in shares of Green Brick Partners by 1,228.6% during the 3rd quarter. Parkside Financial Bank & Trust now owns 465 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 430 shares in the last quarter. Federated Hermes Inc. boosted its stake in shares of Green Brick Partners by 195.5% during the 3rd quarter. Federated Hermes Inc. now owns 591 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 391 shares in the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of Green Brick Partners by 45.5% during the 3rd quarter. SBI Securities Co. Ltd. now owns 863 shares of the financial services provider’s stock worth $64,000 after acquiring an additional 270 shares in the last quarter. Finally, Rothschild Investment LLC boosted its stake in shares of Green Brick Partners by 1,590.9% during the 3rd quarter. Rothschild Investment LLC now owns 930 shares of the financial services provider’s stock worth $69,000 after acquiring an additional 875 shares in the last quarter. 78.24% of the stock is owned by institutional investors.

Green Brick Partners Stock Performance

GRBK opened at $63.44 on Tuesday. The firm has a market cap of $2.74 billion, a PE ratio of 8.24 and a beta of 1.85. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. The business has a fifty day simple moving average of $66.05 and a 200-day simple moving average of $67.80. Green Brick Partners, Inc. has a fifty-two week low of $56.85 and a fifty-two week high of $80.97.

Green Brick Partners (NASDAQ:GRBK) last released its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.39 earnings per share for the quarter, topping the consensus estimate 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 company’s quarterly revenue was down 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.67 earnings per share. As a group, equities analysts predict that Green Brick Partners, Inc. will post 8.34 EPS for the current fiscal 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.