Green Brick Partners, Inc. $GRBK Stock Holdings Increased by Argent Capital Management LLC

Argent Capital Management LLC lifted its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 45.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,404 shares of the financial services provider’s stock after acquiring an additional 11,672 shares during the period. Argent Capital Management LLC owned about 0.09% of Green Brick Partners worth $2,411,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Osterweis Capital Management Inc. acquired a new position in Green Brick Partners during the 2nd quarter valued at approximately $31,000. Clearstead Advisors LLC raised its holdings in shares of Green Brick Partners by 467.3% during the fourth quarter. Clearstead Advisors LLC now owns 556 shares of the financial services provider’s stock valued at $35,000 after buying an additional 458 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in 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 purchasing an additional 354 shares during the period. Pinnacle Holdings LLC acquired a new stake in Green Brick Partners in the fourth quarter worth approximately $69,000. Finally, NBC Securities Inc. boosted its position in shares of Green Brick Partners by 5,724.0% during the 4th quarter. NBC Securities Inc. now owns 1,456 shares of the financial services provider’s stock valued at $91,000 after purchasing an additional 1,431 shares in the last quarter. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Stock Up 0.8%

GRBK stock opened at $70.67 on Friday. The firm has a market cap of $3.05 billion, a PE ratio of 9.18 and a beta of 1.79. The company has a fifty day simple moving average of $72.75 and a 200 day simple moving average of $70.59. Green Brick Partners, Inc. has a 1 year low of $60.44 and a 1 year high of $83.18. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20.

Green Brick Partners (NASDAQ:GRBK) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.31. Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%.Green Brick Partners’s revenue for the quarter was down 10.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.85 EPS. Sell-side analysts anticipate that Green Brick Partners, Inc. will post 8.34 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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