New York State Common Retirement Fund Has $1.62 Million Stock Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

New York State Common Retirement Fund boosted its position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 30.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,720 shares of the financial services provider's stock after buying an additional 6,400 shares during the quarter. New York State Common Retirement Fund owned approximately 0.06% of Green Brick Partners worth $1,616,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GRBK. Teacher Retirement System of Texas grew its holdings in shares of Green Brick Partners by 17.0% during the fourth quarter. Teacher Retirement System of Texas now owns 10,790 shares of the financial services provider's stock valued at $610,000 after purchasing an additional 1,570 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Green Brick Partners in the fourth quarter worth approximately $384,000. B. Metzler seel. Sohn & Co. AG bought a new position in shares of Green Brick Partners in the fourth quarter valued at $1,249,000. Trexquant Investment LP bought a new position in shares of Green Brick Partners in the fourth quarter valued at $231,000. Finally, Cynosure Group LLC increased its holdings in shares of Green Brick Partners by 18.5% in the fourth quarter. Cynosure Group LLC now owns 5,247 shares of the financial services provider's stock valued at $296,000 after buying an additional 821 shares in the last quarter. 78.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Green Brick Partners Stock Up 1.0%

NASDAQ:GRBK traded up $0.67 during trading hours on Monday, hitting $66.82. 245,527 shares of the company's stock traded hands, compared to its average volume of 291,690. The firm has a market cap of $2.93 billion, a P/E ratio of 8.68 and a beta of 1.85. Green Brick Partners, Inc. has a twelve month low of $50.57 and a twelve month high of $84.66. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. The stock's fifty day moving average price is $62.35 and its two-hundred day moving average price is $60.16.

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

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.