39,376 Shares in Green Brick Partners, Inc. $GRBK Bought by Stonehage Fleming Financial Services Holdings Ltd

Key Points

• Stonehage Fleming Financial Services Holdings acquired 39,376 Green Brick Partners shares worth approximately $3.15 million, representing about 0.09% of the company. Institutional investors collectively own 78.24% of GRBK.
• Green Brick Partners reported quarterly EPS of $1.70, exceeding the $1.39 analyst consensus, though revenue declined 10.1% year over year and prior-year EPS was $1.85.
• GRBK opened at $72.77, down 1.4%, with a market capitalization of roughly $3.13 billion. Analysts maintain a consensus “Hold” rating, while the stock trades at a P/E ratio of 9.45.

Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,376 shares of the financial services provider's stock, valued at approximately $3,152,000. Stonehage Fleming Financial Services Holdings Ltd owned about 0.09% of Green Brick Partners as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. Corient Private Wealth LP bought a new stake in shares of Green Brick Partners during the 2nd quarter valued at about $251,000. Punch & Associates Investment Management Inc. purchased a new position in shares of Green Brick Partners in the second quarter worth approximately $30,446,000. Bank of America Corp DE purchased a new position in shares of Green Brick Partners in the second quarter worth approximately $12,923,000. Odyssean LLC grew its position in Green Brick Partners by 93.2% during the second quarter. Odyssean LLC now owns 41,180 shares of the financial services provider's stock valued at $3,296,000 after buying an additional 19,869 shares during the period. Finally, Jupiter Topco LLC bought a new stake in Green Brick Partners during the second quarter valued at approximately $1,123,000. Institutional investors own 78.24% of the company's stock.

Wall Street Analysts Forecast Growth

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

Green Brick Partners Stock Down 1.4%

NASDAQ GRBK opened at $72.77 on Friday. Green Brick Partners, Inc. has a 52 week low of $60.44 and a 52 week high of $83.18. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $3.13 billion, a P/E ratio of 9.45 and a beta of 1.79. The stock's 50-day moving average price is $73.45 and its 200-day moving average price is $70.53.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) 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 return on equity of 25.35% and a net margin of 17.70%.During the same quarter in the prior year, the firm posted $1.85 earnings per share. The company's quarterly revenue was down 10.1% on a year-over-year basis. On average, equities research analysts predict that Green Brick Partners, Inc. will post 8.34 earnings per share for the current year.

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.

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