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

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 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.

A number of other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. grew its position in Green Brick Partners by 3.3% in the first quarter. Principal Financial Group Inc. now owns 170,135 shares of the financial services provider's stock valued at $9,921,000 after purchasing an additional 5,375 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of Green Brick Partners during the 1st quarter worth approximately $371,000. GAMMA Investing LLC raised its stake in shares of Green Brick Partners by 7,878.6% during the 1st quarter. GAMMA Investing LLC now owns 139,944 shares of the financial services provider's stock worth $8,160,000 after purchasing an additional 138,190 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Green Brick Partners by 4.5% in the 4th quarter. Ameriprise Financial Inc. now owns 110,320 shares of the financial services provider's stock valued at $6,232,000 after buying an additional 4,746 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Green Brick Partners by 52.5% in the fourth quarter. Bank of America Corp DE now owns 89,055 shares of the financial services provider's stock valued at $5,031,000 after buying an additional 30,677 shares in the last quarter. Institutional investors and hedge funds own 78.24% of the company's stock.

Green Brick Partners Stock Performance

Green Brick Partners stock traded up $1.91 during midday trading on Friday, reaching $63.85. 483,146 shares of the company's stock were exchanged, compared to its average volume of 294,907. Green Brick Partners, Inc. has a 52 week low of $50.57 and a 52 week high of $84.66. 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 $2.80 billion, a price-to-earnings ratio of 8.29 and a beta of 1.85. The stock's 50-day simple moving average is $62.60 and its 200 day simple moving average is $60.27.

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 analysts' consensus estimates of $1.94 by ($0.09). Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%. During the same period in the prior year, the firm posted $2.32 EPS. The firm's revenue for the quarter was down 2.1% on a year-over-year basis. On average, analysts expect that Green Brick Partners, Inc. will post 8.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.