Rafferty Asset Management LLC Grows Stock Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

Rafferty Asset Management LLC boosted its stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 51.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,761 shares of the financial services provider's stock after purchasing an additional 7,066 shares during the quarter. Rafferty Asset Management LLC's holdings in Green Brick Partners were worth $1,173,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of GRBK. Barclays PLC boosted its stake in shares of Green Brick Partners by 206.5% in the 3rd quarter. Barclays PLC now owns 57,432 shares of the financial services provider's stock valued at $4,796,000 after buying an additional 38,695 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of Green Brick Partners by 26.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider's stock worth $79,000 after buying an additional 289 shares during the period. Inspire Investing LLC raised its holdings in Green Brick Partners by 42.2% in the fourth quarter. Inspire Investing LLC now owns 7,104 shares of the financial services provider's stock valued at $401,000 after acquiring an additional 2,107 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Green Brick Partners by 27.9% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,804 shares of the financial services provider's stock worth $271,000 after acquiring an additional 1,047 shares during the last quarter. Finally, KBC Group NV grew its holdings in Green Brick Partners by 93.9% during the 4th quarter. KBC Group NV now owns 1,803 shares of the financial services provider's stock worth $102,000 after acquiring an additional 873 shares in the last quarter. Hedge funds and other institutional investors own 78.24% of the company's stock.

Green Brick Partners Stock Down 3.1%

Shares of NASDAQ GRBK opened at $59.37 on Thursday. The business has a 50-day moving average of $58.31 and a two-hundred day moving average of $61.00. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 7.71 and a beta of 1.94. Green Brick Partners, Inc. has a 1 year low of $50.57 and a 1 year high of $84.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last posted its 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 return on equity of 25.35% and a net margin of 17.70%. Green Brick Partners's revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.82 EPS. On average, analysts forecast that Green Brick Partners, Inc. will post 8.34 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Green Brick Partners Company 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.

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