Green Brick Partners, Inc. (NASDAQ:GRBK) Shares Sold by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. lowered its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 4.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 137,045 shares of the financial services provider’s stock after selling 5,730 shares during the period. Jacobs Levy Equity Management Inc. owned 0.31% of Green Brick Partners worth $7,742,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Janus Henderson Group PLC boosted its stake in Green Brick Partners by 11.2% during the 4th quarter. Janus Henderson Group PLC now owns 37,881 shares of the financial services provider’s stock worth $2,140,000 after purchasing an additional 3,821 shares during the period. First Sabrepoint Capital Management LP boosted its stake in Green Brick Partners by 125.0% during the 4th quarter. First Sabrepoint Capital Management LP now owns 135,000 shares of the financial services provider’s stock worth $7,626,000 after purchasing an additional 75,000 shares during the period. Deutsche Bank AG boosted its stake in Green Brick Partners by 41.9% during the 4th quarter. Deutsche Bank AG now owns 31,672 shares of the financial services provider’s stock worth $1,789,000 after purchasing an additional 9,348 shares during the period. Cresset Asset Management LLC boosted its stake in Green Brick Partners by 2.4% during the 4th quarter. Cresset Asset Management LLC now owns 36,339 shares of the financial services provider’s stock worth $2,053,000 after purchasing an additional 842 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in Green Brick Partners during the 4th quarter worth $1,489,000. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Stock Up 0.8%

GRBK stock opened at $63.06 on Wednesday. Green Brick Partners, Inc. has a one year low of $50.57 and a one year high of $84.66. The stock has a market capitalization of $2.77 billion, a PE ratio of 8.19 and a beta of 1.94. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. The company has a fifty day moving average of $58.10 and a 200-day moving average of $61.40.

Green Brick Partners (NASDAQ:GRBK) last released its earnings results on Wednesday, April 30th. The financial services provider reported $1.67 EPS for the quarter, missing the consensus estimate of $1.70 by ($0.03). Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%. During the same quarter last year, the firm posted $1.82 earnings per share. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. As a group, analysts expect that Green Brick Partners, Inc. will post 8.34 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Wedbush restated a “neutral” rating and issued a $70.00 target price on shares of Green Brick Partners in a research note on Friday, February 28th.

About Green Brick Partners

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.