Segall Bryant & Hamill LLC Has $1.20 Million Stake in Green Brick Partners, Inc. $GRBK

Segall Bryant & Hamill LLC raised its position in Green Brick Partners, Inc. (NASDAQ:GRBK) by 68.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,685 shares of the financial services provider’s stock after buying an additional 7,582 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Green Brick Partners were worth $1,204,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Green Brick Partners by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 2,195,965 shares of the financial services provider’s stock valued at $137,599,000 after acquiring an additional 22,423 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Green Brick Partners by 6.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,761,580 shares of the financial services provider’s stock worth $113,529,000 after purchasing an additional 104,774 shares during the last quarter. State Street Corp boosted its holdings in shares of Green Brick Partners by 3.0% in the 4th quarter. State Street Corp now owns 1,509,235 shares of the financial services provider’s stock valued at $94,569,000 after purchasing an additional 43,954 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Green Brick Partners by 0.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 580,108 shares of the financial services provider’s stock valued at $36,351,000 after purchasing an additional 2,390 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Green Brick Partners by 6.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 484,221 shares of the financial services provider’s stock valued at $30,448,000 after purchasing an additional 30,244 shares during the last quarter. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Green Brick Partners Trading Up 1.6%

GRBK opened at $73.23 on Thursday. The company has a market cap of $3.15 billion, a P/E ratio of 9.51 and a beta of 1.79. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $73.07 and its 200-day moving average is $70.55. 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 released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.31. Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. The business’s quarterly revenue was down 10.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.85 earnings per share. Equities research analysts predict that Green Brick Partners, Inc. will post 8.34 earnings per share 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.