Green Brick Partners, Inc. $GRBK Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in Green Brick Partners, Inc. (NASDAQ:GRBK) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,195,965 shares of the financial services provider’s stock after acquiring an additional 22,423 shares during the period. Vanguard Group Inc. owned about 0.05% of Green Brick Partners worth $137,599,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GRBK. Dimensional Fund Advisors LP raised its holdings in shares of Green Brick Partners by 3.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,576,289 shares of the financial services provider’s stock worth $116,423,000 after purchasing an additional 47,970 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Green Brick Partners by 6.7% in the second quarter. The Manufacturers Life Insurance Company now owns 484,221 shares of the financial services provider’s stock valued at $30,448,000 after purchasing an additional 30,244 shares during the last quarter. Invesco Ltd. grew its position in Green Brick Partners by 3.3% during the 2nd quarter. Invesco Ltd. now owns 271,511 shares of the financial services provider’s stock worth $17,073,000 after purchasing an additional 8,728 shares during the period. Goldman Sachs Group Inc. grew its position in Green Brick Partners by 13.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 270,236 shares of the financial services provider’s stock worth $15,757,000 after purchasing an additional 31,547 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Green Brick Partners by 17.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 232,290 shares of the financial services provider’s stock valued at $17,157,000 after buying an additional 34,433 shares during the last quarter. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Stock Performance

Shares of GRBK stock opened at $65.21 on Tuesday. Green Brick Partners, Inc. has a 52-week low of $56.85 and a 52-week high of $80.97. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. The stock has a market cap of $2.81 billion, a PE ratio of 8.47 and a beta of 1.85. The business has a 50-day simple moving average of $66.90 and a 200-day simple moving average of $67.95.

Green Brick Partners (NASDAQ:GRBK) last posted its earnings results 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 return on equity of 25.35% and a net margin of 17.70%.The business’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.67 EPS. On average, equities analysts expect that Green Brick Partners, Inc. will post 8.34 EPS for the current year.

Green Brick Partners Profile

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.