Vista Finance LLC Buys 204 Shares of Green Brick Partners, Inc. $GRBK

Vista Finance LLC boosted its stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 4.1% during the second quarter, Holdings Channel reports. The firm owned 5,211 shares of the financial services provider’s stock after purchasing an additional 204 shares during the quarter. Vista Finance LLC’s holdings in Green Brick Partners were worth $328,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GRBK. GAMMA Investing LLC increased its holdings in Green Brick Partners by 36.8% during the first quarter. GAMMA Investing LLC now owns 2,400 shares of the financial services provider’s stock valued at $140,000 after buying an additional 646 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in Green Brick Partners during the first quarter valued at approximately $371,000. Security National Bank increased its holdings in Green Brick Partners by 4.6% during the first quarter. Security National Bank now owns 76,346 shares of the financial services provider’s stock valued at $4,452,000 after buying an additional 3,341 shares during the last quarter. TBH Global Asset Management LLC increased its holdings in Green Brick Partners by 5.9% during the first quarter. TBH Global Asset Management LLC now owns 8,941 shares of the financial services provider’s stock valued at $521,000 after buying an additional 496 shares during the last quarter. Finally, Kendall Capital Management increased its holdings in Green Brick Partners by 1.5% during the first quarter. Kendall Capital Management now owns 17,323 shares of the financial services provider’s stock valued at $1,010,000 after buying an additional 255 shares during the last quarter. 78.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, B. Riley started coverage on shares of Green Brick Partners in a report on Monday, June 30th. They set a “neutral” rating and a $62.00 target price for the company. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Green Brick Partners currently has a consensus rating of “Hold” and an average target price of $66.00.

Insiders Place Their Bets

In related news, COO Jed Dolson sold 20,000 shares of the firm’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $66.76, for a total transaction of $1,335,200.00. Following the completion of the transaction, the chief operating officer directly owned 273,605 shares of the company’s stock, valued at approximately $18,265,869.80. This trade represents a 6.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 29.70% of the company’s stock.

Green Brick Partners Stock Performance

Shares of NASDAQ GRBK opened at $67.24 on Friday. The firm has a fifty day moving average price of $70.43 and a 200-day moving average price of $64.24. 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 cap of $2.93 billion, a PE ratio of 8.73 and a beta of 1.96. Green Brick Partners, Inc. has a 1 year low of $50.57 and a 1 year high of $84.19.

Green Brick Partners (NASDAQ:GRBK) last announced its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $1.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.09). Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%.The firm’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.32 earnings per share. Equities analysts anticipate that Green Brick Partners, Inc. will post 8.34 earnings per share for the current fiscal year.

Green Brick Partners Company 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.