14,887 Shares in Green Brick Partners, Inc. (NASDAQ:GRBK) Acquired by MTM Investment Management LLC

MTM Investment Management LLC purchased a new stake in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 14,887 shares of the financial services provider's stock, valued at approximately $874,000.

A number of other hedge funds also recently bought and sold shares of the stock. Kendall Capital Management raised its position in Green Brick Partners by 1.5% in the 1st quarter. Kendall Capital Management now owns 17,323 shares of the financial services provider's stock valued at $1,010,000 after purchasing an additional 255 shares in the last quarter. Bank of Montreal Can raised its position in shares of Green Brick Partners by 8.3% during the 4th quarter. Bank of Montreal Can now owns 4,033 shares of the financial services provider's stock worth $228,000 after acquiring an additional 310 shares in the last quarter. CWM LLC raised its position in shares of Green Brick Partners by 13.5% during the 1st quarter. CWM LLC now owns 2,958 shares of the financial services provider's stock worth $172,000 after acquiring an additional 352 shares in the last quarter. Vista Finance LLC raised its position in shares of Green Brick Partners by 8.1% during the 1st quarter. Vista Finance LLC now owns 5,007 shares of the financial services provider's stock worth $292,000 after acquiring an additional 374 shares in the last quarter. Finally, TBH Global Asset Management LLC raised its position in shares of Green Brick Partners by 5.9% during the 1st quarter. TBH Global Asset Management LLC now owns 8,941 shares of the financial services provider's stock worth $521,000 after acquiring an additional 496 shares in the last quarter. Institutional investors and hedge funds own 78.24% of the company's stock.

Wall Street Analyst Weigh In

Separately, B. Riley assumed coverage on Green Brick Partners in a research report on Monday, June 30th. They set a "neutral" rating and a $62.00 target price on the stock.

Green Brick Partners Stock Up 0.3%

Shares of NASDAQ GRBK traded up $0.17 during midday trading on Thursday, hitting $64.91. 191,781 shares of the company's stock were exchanged, compared to its average volume of 327,008. 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, Inc. has a twelve month low of $50.57 and a twelve month high of $84.66. The company has a market cap of $2.85 billion, a PE ratio of 8.43 and a beta of 1.85. The firm's fifty day simple moving average is $61.85 and its 200-day simple moving average is $59.61.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $1.67 earnings per share (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%. The company's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.82 EPS. Research analysts predict that Green Brick Partners, Inc. will post 8.34 EPS for the current fiscal year.

Green Brick Partners Company 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.