Altshuler Shaham Ltd Purchases Shares of 13,260 Green Brick Partners, Inc. $GRBK

Altshuler Shaham Ltd purchased a new stake in Green Brick Partners, Inc. (NASDAQ:GRBK) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 13,260 shares of the financial services provider’s stock, valued at approximately $831,000.

Other institutional investors also recently modified their holdings of the company. Osterweis Capital Management Inc. bought a new position in shares of Green Brick Partners in the second quarter worth about $31,000. Clearstead Advisors LLC raised its stake in shares of Green Brick Partners by 467.3% in the fourth quarter. Clearstead Advisors LLC now owns 556 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 458 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Green Brick Partners by 76.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 819 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 354 shares during the last quarter. Rothschild Investment LLC raised its stake in shares of Green Brick Partners by 1,590.9% in the third quarter. Rothschild Investment LLC now owns 930 shares of the financial services provider’s stock worth $69,000 after acquiring an additional 875 shares during the last quarter. Finally, Pinnacle Holdings LLC bought a new position in shares of Green Brick Partners in the fourth quarter worth about $69,000. 78.24% of the stock is owned by institutional investors.

Green Brick Partners Trading Down 2.1%

GRBK opened at $71.43 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 9.28 and a beta of 1.81. The firm has a 50 day simple moving average of $67.94 and a 200 day simple moving average of $68.53. Green Brick Partners, Inc. has a fifty-two week low of $58.80 and a fifty-two week high of $80.97.

Green Brick Partners (NASDAQ:GRBK) last posted its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.20. Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. The business’s revenue was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.67 earnings per share. On average, sell-side analysts anticipate that Green Brick Partners, Inc. will post 8.34 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Citizens Jmp reaffirmed a “market perform” rating on shares of Green Brick Partners in a research note on Tuesday, May 19th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $62.00.

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.