Hsbc Holdings PLC Invests $493,000 in Green Brick Partners, Inc. $GRBK

Hsbc Holdings PLC bought a new position in Green Brick Partners, Inc. (NASDAQ:GRBK) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,862 shares of the financial services provider’s stock, valued at approximately $493,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Osterweis Capital Management Inc. bought a new stake in Green Brick Partners during the second quarter worth approximately $31,000. Clearstead Advisors LLC lifted its position in shares of Green Brick Partners by 467.3% during the 4th quarter. Clearstead Advisors LLC now owns 556 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 458 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Green Brick Partners by 76.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 819 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 354 shares during the last quarter. Pinnacle Holdings LLC bought a new stake in shares of Green Brick Partners during the 4th quarter worth $69,000. Finally, NBC Securities Inc. boosted its stake in shares of Green Brick Partners by 5,724.0% during the 4th quarter. NBC Securities Inc. now owns 1,456 shares of the financial services provider’s stock worth $91,000 after acquiring an additional 1,431 shares in the last quarter. 78.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Citizens Jmp reaffirmed a “market perform” rating on shares of Green Brick Partners in a research report on Tuesday, May 19th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Green Brick Partners Stock Up 2.0%

Shares of NASDAQ:GRBK opened at $74.86 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. The company has a market cap of $3.23 billion, a PE ratio of 9.72 and a beta of 1.79. Green Brick Partners, Inc. has a 52 week low of $60.44 and a 52 week high of $83.18. The firm has a 50 day simple moving average of $71.22 and a 200 day simple moving average of $70.10.

Green Brick Partners (NASDAQ:GRBK) last posted 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 net margin of 17.70% and a return on equity of 25.35%. During the same quarter in the previous year, the business posted $1.67 EPS. The business’s quarterly revenue was down 5.9% on a year-over-year basis. As a group, research analysts expect 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.