Horizon Investments LLC Sells 9,064 Shares of Green Brick Partners, Inc. $GRBK

Horizon Investments LLC lessened its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 42.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 12,312 shares of the financial services provider’s stock after selling 9,064 shares during the period. Horizon Investments LLC’s holdings in Green Brick Partners were worth $771,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. MTM Investment Management LLC raised its holdings in shares of Green Brick Partners by 1.0% during the third quarter. MTM Investment Management LLC now owns 16,603 shares of the financial services provider’s stock valued at $1,226,000 after acquiring an additional 164 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Green Brick Partners by 5.6% during the fourth quarter. GAMMA Investing LLC now owns 3,281 shares of the financial services provider’s stock valued at $206,000 after acquiring an additional 174 shares in the last quarter. Lido Advisors LLC raised its holdings in shares of Green Brick Partners by 3.1% during the third quarter. Lido Advisors LLC now owns 6,863 shares of the financial services provider’s stock valued at $507,000 after acquiring an additional 206 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Green Brick Partners by 45.5% during the third quarter. SBI Securities Co. Ltd. now owns 863 shares of the financial services provider’s stock valued at $64,000 after acquiring an additional 270 shares in the last quarter. Finally, Covestor Ltd raised its holdings in shares of Green Brick Partners by 7.6% during the third quarter. Covestor Ltd now owns 3,880 shares of the financial services provider’s stock valued at $287,000 after acquiring an additional 273 shares in the last quarter. Institutional investors own 78.24% of the company’s stock.

Green Brick Partners Price Performance

Shares of Green Brick Partners stock opened at $65.47 on Friday. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. The company has a market cap of $2.83 billion, a PE ratio of 8.50 and a beta of 1.85. The business has a 50 day moving average of $67.31 and a 200 day moving average of $67.99. Green Brick Partners, Inc. has a 52 week low of $56.85 and a 52 week high of $80.97.

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 for the quarter, topping 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%.The business’s revenue was down 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.67 EPS. As a group, equities research analysts forecast that Green Brick Partners, Inc. will post 8.34 earnings per share for the current year.

Green Brick Partners Company 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.