State of Wyoming Trims Stock Holdings in Green Brick Partners, Inc. $GRBK

State of Wyoming lessened its stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBKFree Report) by 30.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,425 shares of the financial services provider’s stock after selling 8,460 shares during the quarter. State of Wyoming’s holdings in Green Brick Partners were worth $1,252,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. First Trust Advisors LP boosted its position in shares of Green Brick Partners by 44.9% during the 1st quarter. First Trust Advisors LP now owns 69,224 shares of the financial services provider’s stock worth $4,461,000 after purchasing an additional 21,466 shares during the period. Dimensional Fund Advisors LP lifted its stake in Green Brick Partners by 6.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,761,580 shares of the financial services provider’s stock worth $113,529,000 after purchasing an additional 104,774 shares in the last quarter. Balefire LLC acquired a new position in Green Brick Partners during the first quarter worth $247,000. MTM Investment Management LLC boosted its position in shares of Green Brick Partners by 3.1% during the first quarter. MTM Investment Management LLC now owns 16,964 shares of the financial services provider’s stock worth $1,093,000 after buying an additional 516 shares during the period. Finally, Jag Capital Management LLC purchased a new position in shares of Green Brick Partners during the first quarter worth $427,000. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Green Brick Partners Stock Performance

NASDAQ:GRBK opened at $71.37 on Thursday. The company has a fifty day simple moving average of $71.74 and a two-hundred day simple moving average of $70.33. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 9.27 and a beta of 1.79. 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, Inc. has a 52 week low of $60.44 and a 52 week high of $83.18.

Green Brick Partners (NASDAQ:GRBKGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period in the previous year, the company earned $1.67 EPS. The business’s revenue was down 5.9% compared to the same quarter last year. As a group, equities analysts anticipate that Green Brick Partners, Inc. will post 8.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Citizens Jmp reiterated a “market perform” rating on shares of Green Brick Partners in a report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Check Out Our Latest Stock Report on GRBK

Green Brick Partners Profile

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

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