Yousif Capital Management LLC Has $763,000 Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

Yousif Capital Management LLC lessened its position in Green Brick Partners, Inc. (NASDAQ:GRBK) by 10.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 14,683 shares of the financial services provider’s stock after selling 1,669 shares during the period. Yousif Capital Management LLC’s holdings in Green Brick Partners were worth $763,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in GRBK. Pacer Advisors Inc. grew its stake in Green Brick Partners by 76.5% in the fourth quarter. Pacer Advisors Inc. now owns 1,253,421 shares of the financial services provider’s stock valued at $65,103,000 after acquiring an additional 543,450 shares during the period. Vanguard Group Inc. grew its stake in Green Brick Partners by 10.1% in the third quarter. Vanguard Group Inc. now owns 2,166,373 shares of the financial services provider’s stock valued at $89,926,000 after acquiring an additional 199,471 shares during the period. American Century Companies Inc. grew its stake in Green Brick Partners by 30.7% in the third quarter. American Century Companies Inc. now owns 422,869 shares of the financial services provider’s stock valued at $17,553,000 after acquiring an additional 99,240 shares during the period. Qube Research & Technologies Ltd grew its stake in Green Brick Partners by 155.2% in the third quarter. Qube Research & Technologies Ltd now owns 159,387 shares of the financial services provider’s stock valued at $6,616,000 after acquiring an additional 96,923 shares during the period. Finally, Lord Abbett & CO. LLC grew its stake in Green Brick Partners by 123.1% in the third quarter. Lord Abbett & CO. LLC now owns 149,294 shares of the financial services provider’s stock valued at $6,197,000 after acquiring an additional 82,384 shares during the period. Institutional investors and hedge funds own 78.24% of the company’s stock.

Insider Activity

In related news, Director Richard S. Press bought 1,000 shares of the stock in a transaction dated Monday, March 11th. The stock was bought at an average price of $51.84 per share, with a total value of $51,840.00. Following the purchase, the director now owns 88,063 shares in the company, valued at approximately $4,565,185.92. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 44.40% of the stock is currently owned by corporate insiders.

Green Brick Partners Price Performance

Green Brick Partners stock opened at $56.64 on Monday. The company has a quick ratio of 1.44, a current ratio of 8.70 and a debt-to-equity ratio of 0.23. The business has a 50-day simple moving average of $55.84 and a 200 day simple moving average of $51.53. Green Brick Partners, Inc. has a 52 week low of $37.31 and a 52 week high of $61.62. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 8.59 and a beta of 1.73.

Green Brick Partners (NASDAQ:GRBK) last issued its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.31. Green Brick Partners had a return on equity of 24.40% and a net margin of 17.13%. The firm had revenue of $447.34 million during the quarter, compared to analyst estimates of $440.44 million. During the same quarter in the previous year, the company posted $1.37 earnings per share. The company’s revenue was down 1.0% compared to the same quarter last year. On average, research analysts forecast that Green Brick Partners, Inc. will post 6.77 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. B. Riley raised their target price on Green Brick Partners from $59.00 to $62.00 and gave the company a “neutral” rating in a report on Friday. StockNews.com lowered Green Brick Partners from a “buy” rating to a “hold” rating in a report on Sunday, March 17th. Finally, Wedbush reiterated a “neutral” rating and set a $49.00 price target on shares of Green Brick Partners in a report on Thursday.

Green Brick Partners Profile

Green Brick Partners, Inc (NYSE: GRBK), the third largest homebuilder in Dallas-Fort Worth, is a diversified homebuilding and land development company that operates in Texas, Georgia, and Florida. Green Brick owns five subsidiary homebuilders in Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes, and a 90% interest in Centre Living Homes), as well as a controlling interest in a homebuilder in Atlanta, Georgia (The Providence Group) and an 80% interest in a homebuilder in Port St.