Isthmus Partners LLC Purchases New Shares in Green Brick Partners, Inc. $GRBK

Isthmus Partners LLC acquired a new stake in Green Brick Partners, Inc. (NASDAQ:GRBK) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 26,417 shares of the financial services provider’s stock, valued at approximately $1,655,000. Isthmus Partners LLC owned about 0.06% of Green Brick Partners as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Osterweis Capital Management Inc. purchased a new stake in shares of Green Brick Partners during the second quarter valued at approximately $31,000. Parkside Financial Bank & Trust grew its stake in Green Brick Partners by 1,228.6% in the 3rd quarter. Parkside Financial Bank & Trust now owns 465 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 430 shares during the period. Federated Hermes Inc. grew its stake in Green Brick Partners by 195.5% in the 3rd quarter. Federated Hermes Inc. now owns 591 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 391 shares during the period. SBI Securities Co. Ltd. increased its position in shares of Green Brick Partners by 45.5% during the 3rd quarter. SBI Securities Co. Ltd. now owns 863 shares of the financial services provider’s stock valued at $64,000 after purchasing an additional 270 shares during the last quarter. Finally, Rothschild Investment LLC increased its position in shares of Green Brick Partners by 1,590.9% during the 3rd quarter. Rothschild Investment LLC now owns 930 shares of the financial services provider’s stock valued at $69,000 after purchasing an additional 875 shares during the last quarter. Hedge funds and other institutional investors own 78.24% of the company’s stock.

Green Brick Partners Price Performance

Shares of NASDAQ:GRBK opened at $62.09 on Friday. The company has a market capitalization of $2.68 billion, a P/E ratio of 8.06 and a beta of 1.85. The company’s 50-day moving average is $66.19 and its 200 day moving average is $67.82. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. Green Brick Partners, Inc. has a fifty-two week low of $56.85 and a fifty-two week high of $80.97.

Green Brick Partners (NASDAQ:GRBK) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.19 by $0.20. Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. During the same period last year, the business earned $1.67 EPS. The company’s revenue was down 5.9% on a year-over-year basis. On average, equities research 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 (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.