Northwestern Mutual Wealth Management Co. Has $29.12 Million Stock Holdings in Green Brick Partners, Inc. $GRBK

Northwestern Mutual Wealth Management Co. lifted its holdings in Green Brick Partners, Inc. (NASDAQ:GRBK) by 451,033.0% in the 4th quarter, HoldingsChannel.com reports. 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.’s holdings in Green Brick Partners were worth $29,116,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Osterweis Capital Management Inc. acquired a new stake in shares of Green Brick Partners in the second quarter worth $31,000. Parkside Financial Bank & Trust boosted its position in shares of Green Brick Partners by 1,228.6% in the third quarter. Parkside Financial Bank & Trust now owns 465 shares of the financial services provider’s stock worth $34,000 after buying an additional 430 shares during the period. Federated Hermes Inc. boosted its position in shares of Green Brick Partners by 195.5% in the third quarter. Federated Hermes Inc. now owns 591 shares of the financial services provider’s stock worth $44,000 after buying an additional 391 shares during the period. SBI Securities Co. Ltd. boosted its position in shares of Green Brick Partners by 45.5% in the third quarter. SBI Securities Co. Ltd. now owns 863 shares of the financial services provider’s stock worth $64,000 after buying an additional 270 shares during the period. Finally, Rothschild Investment LLC boosted its position in shares of Green Brick Partners by 1,590.9% in the third quarter. Rothschild Investment LLC now owns 930 shares of the financial services provider’s stock worth $69,000 after buying an additional 875 shares during the period. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Stock Performance

Shares of Green Brick Partners stock opened at $63.44 on Tuesday. The stock has a market cap of $2.74 billion, a PE ratio of 8.24 and a beta of 1.85. The business has a fifty day simple moving average of $66.05 and a 200-day simple moving average of $67.80. 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 12 month low of $56.85 and a 12 month high of $80.97.

Green Brick Partners (NASDAQ:GRBK) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $1.39 EPS 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 revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.67 earnings per share. On average, sell-side analysts anticipate that Green Brick Partners, Inc. will post 8.34 EPS for the current fiscal year.

About Green Brick Partners

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.