5,639 Shares in Green Brick Partners, Inc. (NASDAQ:GRBK) Bought by Trek Financial LLC

Trek Financial LLC bought a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,639 shares of the financial services provider's stock, valued at approximately $329,000.

A number of other large investors have also bought and sold shares of GRBK. Charles Schwab Investment Management Inc. increased its stake in Green Brick Partners by 9.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 397,624 shares of the financial services provider's stock valued at $22,462,000 after buying an additional 33,152 shares during the last quarter. Victory Capital Management Inc. grew its stake in Green Brick Partners by 4.3% in the 4th quarter. Victory Capital Management Inc. now owns 59,382 shares of the financial services provider's stock valued at $3,354,000 after buying an additional 2,428 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Green Brick Partners in the 4th quarter valued at about $1,152,000. Raymond James Financial Inc. acquired a new position in Green Brick Partners in the 4th quarter valued at about $9,488,000. Finally, PNC Financial Services Group Inc. grew its stake in Green Brick Partners by 207.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,702 shares of the financial services provider's stock valued at $96,000 after buying an additional 1,149 shares during the last quarter. 78.24% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, B. Riley started coverage on shares of Green Brick Partners in a report on Monday, June 30th. They issued a "neutral" rating and a $62.00 price objective for the company.

Green Brick Partners Stock Performance

NASDAQ GRBK traded down $0.16 during trading on Friday, reaching $67.00. The company's stock had a trading volume of 96,811 shares, compared to its average volume of 333,604. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 8.70 and a beta of 1.85. Green Brick Partners, Inc. has a 12 month low of $50.57 and a 12 month high of $84.66. The firm has a 50 day moving average price of $61.29 and a 200 day moving average price of $59.33.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last issued its quarterly 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 return on equity of 25.35% and a net margin of 17.70%. The business's quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.82 EPS. As a group, equities analysts anticipate that Green Brick Partners, Inc. will post 8.34 EPS for the current fiscal year.

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.