Two Sigma Investments LP Buys New Shares in Green Brick Partners, Inc. (NASDAQ:GRBK)

Two Sigma Investments LP purchased a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,400 shares of the financial services provider's stock, valued at approximately $249,000.

Other large investors have also made changes to their positions in the company. Sterling Capital Management LLC boosted its position in Green Brick Partners by 758.8% in the fourth quarter. Sterling Capital Management LLC now owns 730 shares of the financial services provider's stock valued at $41,000 after buying an additional 645 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in Green Brick Partners in the fourth quarter valued at approximately $57,000. Covestor Ltd boosted its position in Green Brick Partners by 10,460.0% in the fourth quarter. Covestor Ltd now owns 1,584 shares of the financial services provider's stock valued at $90,000 after buying an additional 1,569 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Green Brick Partners by 207.8% in the fourth 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 in the last quarter. Finally, Compagnie Lombard Odier SCmA acquired a new stake in Green Brick Partners in the fourth quarter valued at approximately $226,000. Institutional investors and hedge funds own 78.24% of the company's stock.

Wall Street Analysts Forecast Growth

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

Green Brick Partners Trading Down 2.9%

Shares of NASDAQ:GRBK traded down $1.80 during mid-day trading on Friday, reaching $59.36. 303,573 shares of the company's stock were exchanged, compared to its average volume of 360,400. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 7.71 and a beta of 1.86. The business's fifty day moving average price is $58.79 and its 200-day moving average price is $59.69. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. Green Brick Partners, Inc. has a twelve month low of $50.57 and a twelve month high of $84.66.

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 EPS 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%. Green Brick Partners's revenue was up 11.2% on a year-over-year basis. During the same quarter last year, the business posted $1.82 EPS. On average, research analysts predict 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.