Tower Research Capital LLC TRC Purchases 5,299 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

Tower Research Capital LLC TRC boosted its position in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 1,157.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,757 shares of the financial services provider's stock after purchasing an additional 5,299 shares during the quarter. Tower Research Capital LLC TRC's holdings in Green Brick Partners were worth $325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. raised its position in shares of Green Brick Partners by 15.3% during the 3rd quarter. Principal Financial Group Inc. now owns 158,760 shares of the financial services provider's stock valued at $13,260,000 after buying an additional 21,012 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in 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 in the last quarter. Raymond James Financial Inc. bought a new stake in Green Brick Partners during the fourth quarter worth about $9,488,000. Proficio Capital Partners LLC purchased a new position in shares of Green Brick Partners in the 4th quarter worth about $1,152,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Green Brick Partners during the 4th quarter valued at about $261,000. 78.24% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wedbush reaffirmed 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 Trading Down 1.3 %

Green Brick Partners stock traded down $0.80 during trading hours on Tuesday, reaching $58.74. The company had a trading volume of 145,287 shares, compared to its average volume of 376,221. The company has a 50-day moving average price of $58.04 and a 200 day moving average price of $61.95. Green Brick Partners, Inc. has a 12-month low of $50.57 and a 12-month high of $84.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 7.62 and a beta of 1.82.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $1.67 EPS for the quarter, missing the consensus estimate 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 quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.82 EPS. Equities analysts forecast 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.