Universal Beteiligungs und Servicegesellschaft mbH Takes $1.83 Million Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 31,370 shares of the financial services provider's stock, valued at approximately $1,829,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Green Brick Partners as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. KLP Kapitalforvaltning AS acquired a new stake in shares of Green Brick Partners in the fourth quarter worth about $384,000. B. Metzler seel. Sohn & Co. AG acquired a new stake in shares of Green Brick Partners in the fourth quarter worth about $1,249,000. Trexquant Investment LP acquired a new stake in shares of Green Brick Partners in the fourth quarter worth about $231,000. Cynosure Group LLC lifted its position 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 worth $296,000 after buying an additional 821 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Green Brick Partners in the fourth quarter worth about $238,000. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Green Brick Partners Stock Performance

Shares of Green Brick Partners stock traded up $1.91 during trading on Friday, reaching $63.85. The company's stock had a trading volume of 483,146 shares, compared to its average volume of 294,907. The business's fifty day moving average price is $62.70 and its 200-day moving average price is $60.31. 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 firm has a market cap of $2.78 billion, a price-to-earnings ratio of 8.29 and a beta of 1.83. Green Brick Partners, Inc. has a one year low of $50.57 and a one year high of $84.66.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $1.85 EPS for the quarter, missing the consensus estimate of $1.94 by ($0.09). Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. The company's quarterly revenue was down 2.1% compared to the same quarter last year. During the same period last year, the firm posted $2.32 earnings per share. As a group, equities research analysts predict that Green Brick Partners, Inc. will post 8.34 earnings per share for the current 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.