4D Advisors LLC Takes $3.39 Million Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

4D Advisors LLC acquired a new stake in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 60,000 shares of the financial services provider's stock, valued at approximately $3,389,000. Green Brick Partners accounts for 2.4% of 4D Advisors LLC's holdings, making the stock its 20th biggest holding. 4D Advisors LLC owned approximately 0.13% of Green Brick Partners at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Sterling Capital Management LLC raised its holdings in shares of Green Brick Partners by 758.8% in the 4th quarter. Sterling Capital Management LLC now owns 730 shares of the financial services provider's stock valued at $41,000 after purchasing an additional 645 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Green Brick Partners in the fourth quarter valued at $57,000. Nisa Investment Advisors LLC lifted its holdings in Green Brick Partners by 26.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider's stock worth $79,000 after buying an additional 289 shares during the last quarter. Covestor Ltd boosted its position in shares of Green Brick Partners by 10,460.0% during the 4th quarter. Covestor Ltd now owns 1,584 shares of the financial services provider's stock worth $90,000 after acquiring an additional 1,569 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Green Brick Partners by 207.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,702 shares of the financial services provider's stock valued at $96,000 after acquiring an additional 1,149 shares during the last quarter. Institutional investors and hedge funds own 78.24% of the company's stock.

Green Brick Partners Stock Up 1.7 %

NASDAQ:GRBK traded up $1.01 during midday trading on Wednesday, hitting $59.88. 59,424 shares of the company were exchanged, compared to its average volume of 375,189. Green Brick Partners, Inc. has a fifty-two week low of $50.57 and a fifty-two week high of $84.66. The company has a market capitalization of $2.63 billion, a PE ratio of 7.78 and a beta of 1.94. 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 has a fifty day simple moving average of $57.99 and a 200 day simple moving average of $61.93.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last posted its earnings results on Wednesday, April 30th. The financial services provider reported $1.67 EPS for the quarter, missing analysts' consensus estimates of $1.70 by ($0.03). Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%. Green Brick Partners's revenue was up 11.2% on a year-over-year basis. During the same period last year, the firm posted $1.82 EPS. As a group, equities analysts anticipate that Green Brick Partners, Inc. will post 8.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Wedbush restated a "neutral" rating and set a $70.00 target price on shares of Green Brick Partners in a research note on Friday, February 28th.

Green Brick Partners Profile

Green Brick Partners, Inc is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes.