13,500 Shares in Green Brick Partners, Inc. $GRBK Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new stake in Green Brick Partners, Inc. (NASDAQ:GRBKFree Report) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 13,500 shares of the financial services provider’s stock, valued at approximately $870,000.

A number of other large investors also recently made changes to their positions in the business. Lido Advisors LLC boosted its holdings in shares of Green Brick Partners by 2.1% during the fourth quarter. Lido Advisors LLC now owns 7,005 shares of the financial services provider’s stock worth $439,000 after purchasing an additional 142 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Green Brick Partners by 5.6% during the 4th quarter. GAMMA Investing LLC now owns 3,281 shares of the financial services provider’s stock valued at $206,000 after acquiring an additional 174 shares during the last quarter. ProShare Advisors LLC boosted its holdings in shares of Green Brick Partners by 3.3% in the 4th quarter. ProShare Advisors LLC now owns 6,070 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 193 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in Green Brick Partners by 1.6% in the fourth quarter. State of Alaska Department of Revenue now owns 17,976 shares of the financial services provider’s stock valued at $1,125,000 after acquiring an additional 289 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in shares of Green Brick Partners by 76.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 819 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 354 shares in the last quarter. Hedge funds and other institutional investors own 78.24% of the company’s stock.

Green Brick Partners Trading Down 0.0%

NASDAQ:GRBK opened at $79.21 on Monday. The business’s 50-day moving average is $70.29 and its two-hundred day moving average is $69.51. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. Green Brick Partners, Inc. has a 12 month low of $60.44 and a 12 month high of $83.18. The firm has a market capitalization of $3.42 billion, a PE ratio of 10.29 and a beta of 1.79.

Green Brick Partners (NASDAQ:GRBKGet Free Report) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $1.39 earnings per share for the quarter, topping 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 prior year, the business earned $1.67 earnings per share. Green Brick Partners’s revenue for the quarter was down 5.9% compared to the same quarter last year. Research analysts predict that Green Brick Partners, Inc. will post 8.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on Green Brick Partners

Green Brick Partners Company 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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