72,376 Shares in Green Brick Partners, Inc. $GRBK Acquired by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC acquired a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 72,376 shares of the financial services provider’s stock, valued at approximately $5,793,000.

A number of other hedge funds have also recently bought and sold shares of GRBK. Lido Advisors LLC increased its stake in shares of Green Brick Partners by 2.1% in the 4th quarter. Lido Advisors LLC now owns 7,005 shares of the financial services provider’s stock valued at $439,000 after buying an additional 142 shares during the period. ProShare Advisors LLC lifted its stake in shares of Green Brick Partners by 3.3% during the fourth quarter. ProShare Advisors LLC now owns 6,070 shares of the financial services provider’s stock valued at $380,000 after acquiring an additional 193 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of Green Brick Partners by 1.6% during the fourth quarter. State of Alaska Department of Revenue now owns 17,976 shares of the financial services provider’s stock valued at $1,125,000 after acquiring an additional 289 shares during the period. Parkside Financial Bank & Trust boosted its holdings in Green Brick Partners by 76.1% in the fourth 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. Finally, Belpointe Asset Management LLC boosted its holdings in Green Brick Partners by 0.7% in the fourth quarter. Belpointe Asset Management LLC now owns 48,978 shares of the financial services provider’s stock valued at $3,069,000 after acquiring an additional 359 shares during the last quarter. 78.24% of the stock is currently owned by institutional investors.

Green Brick Partners Trading Up 0.6%

Shares of NASDAQ GRBK opened at $70.91 on Tuesday. The company’s 50 day simple moving average is $73.49 and its 200 day simple moving average is $70.54. Green Brick Partners, Inc. has a fifty-two week low of $60.44 and a fifty-two week high of $83.18. The firm has a market capitalization of $3.05 billion, a P/E ratio of 9.21 and a beta of 1.79. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63.

Green Brick Partners (NASDAQ:GRBK) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter, beating 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%. During the same period in the previous year, the firm earned $1.85 EPS. The company’s revenue was down 10.1% compared to the same quarter last year. On average, analysts predict that Green Brick Partners, Inc. will post 8.34 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.