Isthmus Partners LLC Grows Stock Holdings in Green Brick Partners, Inc. $GRBK

Isthmus Partners LLC increased its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 101.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,216 shares of the financial services provider’s stock after purchasing an additional 26,799 shares during the period. Isthmus Partners LLC’s holdings in Green Brick Partners were worth $3,430,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in Green Brick Partners by 7.4% during the 1st quarter. Royal Bank of Canada now owns 9,915 shares of the financial services provider’s stock worth $579,000 after buying an additional 683 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Green Brick Partners by 91.5% in the 1st quarter. AQR Capital Management LLC now owns 20,091 shares of the financial services provider’s stock valued at $1,172,000 after acquiring an additional 9,597 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of 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 acquiring an additional 31,547 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Green Brick Partners by 7.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,597 shares of the financial services provider’s stock worth $3,825,000 after acquiring an additional 4,763 shares in the last quarter. Finally, CW Advisors LLC purchased a new stake in Green Brick Partners during the second quarter worth approximately $223,000. Hedge funds and other institutional investors own 78.24% of the company’s stock.

Green Brick Partners Price Performance

Shares of GRBK opened at $71.95 on Thursday. 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 $60.44 and a fifty-two week high of $83.18. The firm has a 50-day simple moving average of $70.49 and a 200-day simple moving average of $69.69. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 9.34 and a beta of 1.79.

Green Brick Partners (NASDAQ:GRBK) last issued its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating 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%.Green Brick Partners’s revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.67 EPS. On average, equities research analysts anticipate that Green Brick Partners, Inc. will post 8.34 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Citizens Jmp reaffirmed a “market perform” rating on shares of Green Brick Partners in a report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

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.