North Star Investment Management Corp. Has $4.27 Million Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

North Star Investment Management Corp. lessened its position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 6.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,275 shares of the financial services provider's stock after selling 5,400 shares during the quarter. North Star Investment Management Corp. owned about 0.16% of Green Brick Partners worth $4,273,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of Montreal Can raised its stake in shares of Green Brick Partners by 8.3% in the fourth quarter. Bank of Montreal Can now owns 4,033 shares of the financial services provider's stock valued at $228,000 after purchasing an additional 310 shares in the last quarter. Vista Finance LLC raised its stake in shares of Green Brick Partners by 8.1% in the 1st quarter. Vista Finance LLC now owns 5,007 shares of the financial services provider's stock valued at $292,000 after buying an additional 374 shares in the last quarter. Handelsbanken Fonder AB raised its stake in shares of Green Brick Partners by 4.4% in the 4th quarter. Handelsbanken Fonder AB now owns 9,400 shares of the financial services provider's stock valued at $531,000 after buying an additional 400 shares in the last quarter. Cavalier Investments LLC raised its position in Green Brick Partners by 4.1% in the fourth quarter. Cavalier Investments LLC now owns 12,085 shares of the financial services provider's stock worth $683,000 after purchasing an additional 480 shares in the last quarter. Finally, New York State Teachers Retirement System boosted its holdings in Green Brick Partners by 4.3% during the fourth quarter. New York State Teachers Retirement System now owns 12,909 shares of the financial services provider's stock valued at $729,000 after purchasing an additional 528 shares in the last quarter. Institutional investors and hedge funds own 78.24% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wedbush reaffirmed a "neutral" rating and issued a $70.00 price target on shares of Green Brick Partners in a research note on Friday, February 28th.

Green Brick Partners Price Performance

NASDAQ GRBK traded up $0.45 during trading hours on Wednesday, reaching $59.51. 175,407 shares of the company's stock were exchanged, compared to its average volume of 358,025. The firm has a fifty day moving average of $58.97 and a 200-day moving average of $59.44. Green Brick Partners, Inc. has a one year low of $50.57 and a one year high of $84.66. The stock has a market cap of $2.61 billion, a PE ratio of 7.73 and a beta of 1.86. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last announced its earnings results on Wednesday, April 30th. The financial services provider reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates of $1.70 by ($0.03). Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. During the same period last year, the business earned $1.82 earnings per share. Green Brick Partners's revenue for the quarter was up 11.2% 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 fiscal year.

About Green Brick Partners

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.