Swiss National Bank Purchases 3,800 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

Swiss National Bank boosted its position in Green Brick Partners, Inc. (NASDAQ:GRBK) by 6.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,800 shares of the financial services provider’s stock after acquiring an additional 3,800 shares during the period. Swiss National Bank’s holdings in Green Brick Partners were worth $5,496,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Green Brick Partners by 12.8% in the first quarter. Vanguard Group Inc. now owns 2,711,140 shares of the financial services provider’s stock valued at $163,292,000 after acquiring an additional 307,304 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Green Brick Partners by 1.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,609,122 shares of the financial services provider’s stock worth $92,106,000 after buying an additional 16,613 shares during the last quarter. Salem Investment Counselors Inc. boosted its holdings in Green Brick Partners by 0.8% during the second quarter. Salem Investment Counselors Inc. now owns 743,183 shares of the financial services provider’s stock worth $42,540,000 after buying an additional 6,045 shares during the last quarter. American Century Companies Inc. boosted its holdings in Green Brick Partners by 0.5% during the second quarter. American Century Companies Inc. now owns 591,085 shares of the financial services provider’s stock worth $33,834,000 after buying an additional 2,875 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Green Brick Partners by 6.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 511,482 shares of the financial services provider’s stock worth $30,808,000 after buying an additional 32,373 shares during the last quarter. Institutional investors own 78.24% of the company’s stock.

Green Brick Partners Trading Down 1.2 %

NASDAQ:GRBK opened at $71.33 on Thursday. Green Brick Partners, Inc. has a fifty-two week low of $46.61 and a fifty-two week high of $84.66. 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 stock has a market capitalization of $3.17 billion, a PE ratio of 9.26 and a beta of 1.83. The business’s 50-day simple moving average is $76.27 and its 200-day simple moving average is $68.96.

Green Brick Partners (NASDAQ:GRBK) last released its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $1.98 earnings per share for the quarter, missing the consensus estimate of $2.07 by ($0.09). Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. The business had revenue of $523.70 million for the quarter, compared to the consensus estimate of $539.86 million. During the same quarter last year, the firm earned $1.56 EPS. The company’s revenue for the quarter was up 25.0% on a year-over-year basis. Sell-side analysts expect that Green Brick Partners, Inc. will post 8.24 earnings per share for the current fiscal year.

Analyst Ratings Changes

GRBK has been the topic of a number of recent analyst reports. Wedbush restated a “neutral” rating and set a $60.00 target price (up previously from $53.00) on shares of Green Brick Partners in a report on Monday, August 5th. B. Riley raised their target price on Green Brick Partners from $62.00 to $78.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd.

Green Brick Partners Profile

Green Brick Partners, Inc is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes.