Green Brick Partners, Inc. $GRBK Holdings Cut by UBS Group AG

UBS Group AG reduced its stake in Green Brick Partners, Inc. (NASDAQ:GRBKFree Report) by 34.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 89,092 shares of the financial services provider’s stock after selling 46,258 shares during the quarter. UBS Group AG’s holdings in Green Brick Partners were worth $5,583,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in GRBK. Vanguard Group Inc. lifted its holdings in shares of Green Brick Partners by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 2,195,965 shares of the financial services provider’s stock worth $137,599,000 after purchasing an additional 22,423 shares during the last quarter. NBC Securities Inc. lifted its stake in Green Brick Partners by 5,724.0% in the fourth quarter. NBC Securities Inc. now owns 1,456 shares of the financial services provider’s stock valued at $91,000 after buying an additional 1,431 shares during the last quarter. Crown Advisors Management Inc. lifted its stake in Green Brick Partners by 12.5% in the fourth quarter. Crown Advisors Management Inc. now owns 45,000 shares of the financial services provider’s stock valued at $2,819,000 after buying an additional 5,000 shares during the last quarter. Round Rock Advisors LLC boosted its holdings in shares of Green Brick Partners by 51.8% during the fourth quarter. Round Rock Advisors LLC now owns 13,616 shares of the financial services provider’s stock valued at $853,000 after acquiring an additional 4,646 shares during the period. Finally, Evergreen Capital Management LLC acquired a new position in shares of Green Brick Partners during the fourth quarter valued at $296,000. 78.24% of the stock is owned by institutional investors.

Green Brick Partners Trading Up 3.5%

Shares of Green Brick Partners stock opened at $65.68 on Thursday. The business has a fifty day simple moving average of $65.93 and a 200-day simple moving average of $67.79. Green Brick Partners, Inc. has a fifty-two week low of $56.85 and a fifty-two week high of $80.97. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 8.53 and a beta of 1.85. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20.

Green Brick Partners (NASDAQ:GRBKGet Free Report) last released its earnings results on Wednesday, April 29th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.20. Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%.During the same quarter last year, the company earned $1.67 EPS. The company’s quarterly revenue was down 5.9% compared to the same quarter last year. On average, equities analysts forecast that Green Brick Partners, Inc. will post 8.34 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Citizens Jmp reaffirmed a “market perform” rating on shares of Green Brick Partners in a report on Tuesday. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $62.00.

Read Our Latest Stock Report on GRBK

About Green Brick Partners

(Free Report)

Green Brick Partners, Inc (NASDAQ: GRBK) is a Dallas, Texas–based residential homebuilder and land development company. Founded in 2006, the company acquires, develops and sells residential lots and constructs single‐family detached homes, townhomes and multi‐family rental communities. Green Brick Partners also offers master‐planned community development and delivers improved lot ready capability through its funded land development segment.

Operating across key Sun Belt markets, Green Brick Partners serves homebuyers in the Dallas–Fort Worth metroplex, Greater Houston, Austin and the Atlanta metropolitan area.

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Want to see what other hedge funds are holding GRBK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Green Brick Partners, Inc. (NASDAQ:GRBKFree Report).

Institutional Ownership by Quarter for Green Brick Partners (NASDAQ:GRBK)

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