Occudo Quantitative Strategies LP Invests $319,000 in Green Brick Partners, Inc. (NASDAQ:GRBK)

Occudo Quantitative Strategies LP bought a new position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,648 shares of the financial services provider's stock, valued at approximately $319,000.

A number of other large investors have also made changes to their positions in the company. Nisa Investment Advisors LLC raised its holdings in 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 worth $79,000 after purchasing an additional 289 shares during the period. Bank of Montreal Can increased its position 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 worth $228,000 after buying an additional 310 shares in the last quarter. Handelsbanken Fonder AB raised its stake 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 period. Cavalier Investments LLC raised its stake in shares of Green Brick Partners by 4.1% in 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. Finally, New York State Teachers Retirement System lifted its position in shares of Green Brick Partners by 4.3% during 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 in the last quarter. 78.24% of the stock is currently owned by institutional investors.

Green Brick Partners Price Performance

Green Brick Partners stock traded down $0.39 during mid-day trading on Thursday, hitting $59.01. The stock had a trading volume of 46,388 shares, compared to its average volume of 370,845. Green Brick Partners, Inc. has a one year low of $50.57 and a one year 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. The firm has a market capitalization of $2.59 billion, a P/E ratio of 7.67 and a beta of 1.94. The firm's 50 day moving average is $58.31 and its 200 day moving average is $61.00.

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 return on equity of 25.35% and a net margin of 17.70%. During the same period in the prior year, the business posted $1.82 earnings per share. The firm's quarterly revenue was up 11.2% compared to the same quarter last year. On average, sell-side analysts forecast that Green Brick Partners, Inc. will post 8.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.