Union Square Park Capital Management LLC Purchases Shares of 10,000 Green Brick Partners, Inc. $GRBK

Union Square Park Capital Management LLC acquired a new stake in Green Brick Partners, Inc. (NASDAQ:GRBK) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 10,000 shares of the financial services provider’s stock, valued at approximately $644,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Osterweis Capital Management Inc. acquired a new stake in Green Brick Partners in the second quarter valued at approximately $31,000. Clearstead Advisors LLC grew its holdings in Green Brick Partners by 467.3% during the 4th quarter. Clearstead Advisors LLC now owns 556 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 458 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in 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 worth $51,000 after acquiring an additional 354 shares in the last quarter. Pinnacle Holdings LLC purchased a new stake in shares of Green Brick Partners in the 4th quarter valued at approximately $69,000. Finally, NBC Securities Inc. increased its position in shares of Green Brick Partners by 5,724.0% in the 4th quarter. NBC Securities Inc. now owns 1,456 shares of the financial services provider’s stock valued at $91,000 after purchasing an additional 1,431 shares during the last quarter. 78.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Citizens Jmp restated 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, Green Brick Partners has an average rating of “Hold”.

Green Brick Partners Stock Performance

Shares of GRBK stock opened at $72.52 on Friday. The stock’s 50-day moving average is $72.09 and its two-hundred day moving average is $70.40. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. Green Brick Partners, Inc. has a 1 year low of $60.44 and a 1 year high of $83.18. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 9.42 and a beta of 1.79.

Green Brick Partners (NASDAQ:GRBK) last posted its earnings results on Wednesday, April 29th. The financial services provider reported $1.39 earnings per share for the quarter, beating 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%.Green Brick Partners’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.67 earnings per share. Analysts predict that Green Brick Partners, Inc. will post 8.34 earnings per share for the current 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.