Dimensional Fund Advisors LP Lowers Stake in Green Brick Partners, Inc. (NASDAQ:GRBK)

Dimensional Fund Advisors LP cut its holdings in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,549,043 shares of the financial services provider's stock after selling 16,465 shares during the quarter. Dimensional Fund Advisors LP owned about 3.48% of Green Brick Partners worth $87,505,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in GRBK. Lakewood Asset Management LLC raised its position in shares of Green Brick Partners by 2.4% in the 4th quarter. Lakewood Asset Management LLC now owns 8,262 shares of the financial services provider's stock valued at $467,000 after purchasing an additional 193 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in Green Brick Partners by 26.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,396 shares of the financial services provider's stock valued at $79,000 after purchasing an additional 289 shares in the last quarter. Bank of Montreal Can increased its stake in Green Brick Partners by 8.3% during the 4th 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 raised its holdings in shares of Green Brick Partners by 4.4% in the fourth quarter. Handelsbanken Fonder AB now owns 9,400 shares of the financial services provider's stock worth $531,000 after buying an additional 400 shares during the last quarter. Finally, Cavalier Investments LLC lifted its stake in shares of 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 during the period. Institutional investors and hedge funds own 78.24% of the company's stock.

Green Brick Partners Stock Performance

Shares of NASDAQ:GRBK traded down $0.37 during midday trading on Monday, reaching $59.85. The company's stock had a trading volume of 46,148 shares, compared to its average volume of 376,187. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. The stock has a fifty day moving average of $58.00 and a 200 day moving average of $62.12. Green Brick Partners, Inc. has a twelve month low of $50.57 and a twelve month high of $84.66. The firm has a market capitalization of $2.66 billion, a PE ratio of 7.76 and a beta of 1.82.

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

Analyst Ratings Changes

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

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.