Green Brick Partners, Inc. (GRBK) Lifted to B at TheStreet
Separately, BidaskClub downgraded shares of Green Brick Partners from a hold rating to a sell rating in a report on Monday, August 14th.
Green Brick Partners (NASDAQ GRBK) traded up 0.230% during trading on Friday, reaching $10.875. 20,280 shares of the company’s stock were exchanged. Green Brick Partners has a 1-year low of $7.50 and a 1-year high of $12.10. The company has a market capitalization of $534.04 million, a PE ratio of 19.146 and a beta of 1.68. The company’s 50-day moving average is $9.95 and its 200-day moving average is $10.40.
Green Brick Partners (NASDAQ:GRBK) last posted its quarterly earnings data on Monday, August 7th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.09. Green Brick Partners had a net margin of 6.69% and a return on equity of 11.30%. The company had revenue of $104.95 million for the quarter, compared to the consensus estimate of $115.23 million. During the same quarter in the previous year, the firm posted $0.14 EPS. The business’s revenue was up 6.1% compared to the same quarter last year. Equities research analysts expect that Green Brick Partners will post $0.66 earnings per share for the current fiscal year.
Several large investors have recently bought and sold shares of the company. Susquehanna International Group LLP acquired a new stake in shares of Green Brick Partners during the 2nd quarter valued at about $118,000. American International Group Inc. boosted its position in shares of Green Brick Partners by 7.1% during the 1st quarter. American International Group Inc. now owns 14,298 shares of the financial services provider’s stock valued at $142,000 after acquiring an additional 947 shares in the last quarter. Alliancebernstein L.P. acquired a new stake in shares of Green Brick Partners during the 2nd quarter valued at about $159,000. Voya Investment Management LLC boosted its position in shares of Green Brick Partners by 24.8% during the 2nd quarter. Voya Investment Management LLC now owns 14,298 shares of the financial services provider’s stock valued at $164,000 after acquiring an additional 2,838 shares in the last quarter. Finally, PDT Partners LLC acquired a new stake in shares of Green Brick Partners during the 2nd quarter valued at about $190,000. Institutional investors own 81.64% of the company’s stock.
About Green Brick Partners
Green Brick Partners, Inc operates in the real estate industry. The Company operates through two segments. The builder operations segment includes its controlled builders results, which include building and selling single-family detached homes and townhomes that are designed and built to meet local customer preferences, and the sale of lots.
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