BNP Paribas Financial Markets Has $2.23 Million Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

BNP Paribas Financial Markets lessened its stake in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 32.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,432 shares of the financial services provider's stock after selling 19,212 shares during the quarter. BNP Paribas Financial Markets owned 0.09% of Green Brick Partners worth $2,228,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of GRBK. Nisa Investment Advisors LLC grew its position in shares of Green Brick Partners by 26.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider's stock valued at $79,000 after acquiring an additional 289 shares during the period. Bank of Montreal Can raised its stake in Green Brick Partners by 8.3% in the fourth quarter. Bank of Montreal Can now owns 4,033 shares of the financial services provider's stock valued at $228,000 after purchasing an additional 310 shares in the last quarter. Handelsbanken Fonder AB lifted its position in Green Brick Partners by 4.4% during the fourth quarter. Handelsbanken Fonder AB now owns 9,400 shares of the financial services provider's stock worth $531,000 after purchasing an additional 400 shares during the period. Cavalier Investments LLC grew its stake in Green Brick Partners by 4.1% during the fourth quarter. Cavalier Investments LLC now owns 12,085 shares of the financial services provider's stock worth $683,000 after buying an additional 480 shares in the last quarter. Finally, New York State Teachers Retirement System increased its holdings in Green Brick Partners by 4.3% in the 4th quarter. New York State Teachers Retirement System now owns 12,909 shares of the financial services provider's stock valued at $729,000 after buying an additional 528 shares during the period. Institutional investors and hedge funds own 78.24% of the company's stock.

Analyst Upgrades and Downgrades

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

Green Brick Partners Price Performance

Shares of Green Brick Partners stock traded down $0.92 during trading on Thursday, reaching $58.48. 22,822 shares of the company's stock were exchanged, compared to its average volume of 370,758. 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 1-year low of $50.57 and a 1-year high of $84.66. The company has a market cap of $2.57 billion, a P/E ratio of 7.60 and a beta of 1.94. The firm's 50-day moving average price is $58.31 and its 200 day moving average price is $61.00.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last released its earnings results on Wednesday, April 30th. The financial services provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.70 by ($0.03). Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. Green Brick Partners's revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.82 earnings per share. As a group, research analysts anticipate that Green Brick Partners, Inc. will post 8.34 earnings per share for the current year.

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.