Jane Street Group LLC Has $4.88 Million Stock Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

Jane Street Group LLC grew its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 484.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,309 shares of the financial services provider's stock after buying an additional 71,535 shares during the quarter. Jane Street Group LLC owned 0.19% of Green Brick Partners worth $4,876,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GRBK. Principal Financial Group Inc. lifted its stake in shares of Green Brick Partners by 15.3% in the third quarter. Principal Financial Group Inc. now owns 158,760 shares of the financial services provider's stock worth $13,260,000 after acquiring an additional 21,012 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Green Brick Partners by 9.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 397,624 shares of the financial services provider's stock valued at $22,462,000 after purchasing an additional 33,152 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Green Brick Partners during the fourth quarter worth about $9,488,000. Proficio Capital Partners LLC acquired a new stake in shares of Green Brick Partners in the fourth quarter valued at approximately $1,152,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Green Brick Partners during the 4th quarter worth $261,000. 78.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Green Brick Partners Stock Up 0.8%

NASDAQ:GRBK traded up $0.53 during trading hours on Tuesday, hitting $63.06. 245,746 shares of the stock traded hands, compared to its average volume of 374,205. The firm has a 50 day moving average price of $58.10 and a 200 day moving average price of $61.40. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 8.19 and a beta of 1.94. Green Brick Partners, Inc. has a fifty-two week low of $50.57 and a fifty-two week high of $84.66. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.70 by ($0.03). Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%. During the same period in the previous year, the company earned $1.82 earnings per share. The business's quarterly revenue was up 11.2% on a year-over-year basis. Equities research analysts anticipate 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.