Bank of New York Mellon Corp bought a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 208,672 shares of the financial services provider's stock, valued at approximately $16,702,000. Bank of New York Mellon Corp owned approximately 0.49% of Green Brick Partners at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the stock. Louisiana State Employees Retirement System purchased a new position in shares of Green Brick Partners in the 1st quarter valued at about $870,000. Dimensional Fund Advisors LP increased its stake in shares of Green Brick Partners by 6.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,761,580 shares of the financial services provider's stock worth $113,529,000 after buying an additional 104,774 shares during the period. Vanguard Group Inc. increased its stake in shares of Green Brick Partners by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 2,195,965 shares of the financial services provider's stock worth $137,599,000 after buying an additional 22,423 shares during the period. First Trust Advisors LP raised its holdings in Green Brick Partners by 44.9% in the first quarter. First Trust Advisors LP now owns 69,224 shares of the financial services provider's stock valued at $4,461,000 after acquiring an additional 21,466 shares in the last quarter. Finally, WINTON GROUP Ltd acquired a new stake in Green Brick Partners in the fourth quarter valued at approximately $3,186,000. Hedge funds and other institutional investors own 78.24% of the company's stock.
Green Brick Partners Stock Down 1.3%
Green Brick Partners stock opened at $72.37 on Tuesday. The stock has a market cap of $3.11 billion, a PE ratio of 9.40 and a beta of 1.79. 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 stock's fifty day moving average is $73.41 and its two-hundred day moving average is $70.49. 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 released 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 return on equity of 25.35% and a net margin of 17.70%.During the same quarter in the previous year, the company posted $1.85 earnings per share. The company's revenue was down 10.1% on a year-over-year basis. On average, sell-side analysts expect that Green Brick Partners, Inc. will post 8.34 EPS for the current fiscal year.
Analysts Set New Price Targets
Separately, Citizens Jmp reiterated a "market perform" rating on shares of Green Brick Partners in a research note on Tuesday, May 19th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of "Hold".
Read Our Latest Research Report on Green Brick Partners
Green Brick Partners Company Profile
(
Free Report)
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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