Green Brick Partners, Inc. $GRBK Stock Holdings Lessened by SG Americas Securities LLC

SG Americas Securities LLC lessened its stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 90.4% in the first quarter, Holdings Channel.com reports. The fund owned 3,845 shares of the financial services provider’s stock after selling 36,379 shares during the quarter. SG Americas Securities LLC’s holdings in Green Brick Partners were worth $248,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Green Brick Partners by 451,033.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 464,667 shares of the financial services provider’s stock valued at $29,116,000 after purchasing an additional 464,564 shares during the last quarter. Boston Partners purchased a new position in Green Brick Partners in the 3rd quarter worth about $13,883,000. Norges Bank purchased a new position in Green Brick Partners in the 4th quarter worth about $5,352,000. Dimensional Fund Advisors LP raised its holdings in Green Brick Partners by 5.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,656,806 shares of the financial services provider’s stock worth $103,817,000 after buying an additional 80,517 shares during the period. Finally, Millennium Management LLC raised its holdings in Green Brick Partners by 959.2% during the 3rd quarter. Millennium Management LLC now owns 70,286 shares of the financial services provider’s stock worth $5,191,000 after buying an additional 63,650 shares during the period. 78.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Citizens Jmp reiterated a “market perform” rating on shares of Green Brick Partners in a report on Tuesday, May 19th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Green Brick Partners Price Performance

Shares of NASDAQ:GRBK opened at $73.60 on Friday. The company’s fifty day moving average is $70.68 and its two-hundred day moving average is $69.79. 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 $60.44 and a 12-month high of $83.18. The company has a market cap of $3.18 billion, a P/E ratio of 9.56 and a beta of 1.79.

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. Equities analysts expect that Green Brick Partners, Inc. will post 8.34 earnings per share for the current fiscal year.

Green Brick Partners Company 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.