AWH Capital L.P. Invests $3.60 Million in Green Brick Partners, Inc. $GRBK

Key Points

• AWH Capital acquired 45,000 Green Brick Partners shares worth approximately $3.6 million, representing about 0.10% of the homebuilder’s outstanding stock.
• Institutional ownership remains high at 78.24%, with BlackRock initiating an approximately $389.6 million position and Vanguard, Dimensional Fund Advisors, State Street, and T. Rowe Price adding or maintaining holdings.
• Green Brick Partners beat quarterly earnings expectations, reporting $1.70 EPS versus the $1.39 consensus, although revenue fell 10.1% year over year. The stock traded near $73.45, while analysts maintained an overall “Hold” rating.

AWH Capital L.P. acquired a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 45,000 shares of the financial services provider's stock, valued at approximately $3,601,800. Green Brick Partners comprises 0.0% of AWH Capital L.P.'s holdings, making the stock its 18th largest position. AWH Capital L.P. owned about 0.10% of Green Brick Partners at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. BlackRock Inc. acquired a new stake in shares of Green Brick Partners in the 2nd quarter valued at approximately $389,594,000. Vanguard Group Inc. boosted its holdings in shares of Green Brick Partners by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 2,195,965 shares of the financial services provider's stock valued at $137,599,000 after buying an additional 22,423 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Green Brick Partners by 6.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,761,580 shares of the financial services provider's stock valued at $113,529,000 after buying an additional 104,774 shares during the last quarter. State Street Corp boosted its holdings in shares of Green Brick Partners by 3.0% in the 4th quarter. State Street Corp now owns 1,509,235 shares of the financial services provider's stock valued at $94,569,000 after buying an additional 43,954 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Green Brick Partners by 0.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 580,108 shares of the financial services provider's stock valued at $36,351,000 after buying an additional 2,390 shares during the last quarter. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Green Brick Partners Trading Up 0.9%

Shares of Green Brick Partners stock opened at $73.45 on Friday. The business has a fifty day simple moving average of $73.43 and a two-hundred day simple moving average of $70.55. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. The company has a market capitalization of $3.16 billion, a price-to-earnings ratio of 9.54 and a beta of 1.79. Green Brick Partners, Inc. has a 1 year low of $60.44 and a 1 year high of $83.18.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.31. Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. Green Brick Partners's revenue for the quarter was down 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.85 earnings per share. Research analysts forecast that Green Brick Partners, Inc. will post 8.34 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Citizens Jmp reissued a "market perform" rating on shares of Green Brick Partners in a report on Tuesday, May 19th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Green Brick Partners presently has an average rating of "Hold".

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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