Public Sector Pension Investment Board Has $5.44 Million Stock Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

Public Sector Pension Investment Board increased its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 17.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 65,168 shares of the financial services provider’s stock after acquiring an additional 9,800 shares during the period. Public Sector Pension Investment Board’s holdings in Green Brick Partners were worth $5,443,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GRBK. Hollencrest Capital Management bought a new stake in Green Brick Partners in the third quarter valued at $29,000. Blue Trust Inc. acquired a new stake in shares of Green Brick Partners in the 2nd quarter valued at $48,000. nVerses Capital LLC grew its holdings in shares of Green Brick Partners by 1,000.0% in the 2nd quarter. nVerses Capital LLC now owns 2,200 shares of the financial services provider’s stock worth $126,000 after purchasing an additional 2,000 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Green Brick Partners by 20.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,766 shares of the financial services provider’s stock worth $147,000 after purchasing an additional 305 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC bought a new position in Green Brick Partners during the 3rd quarter valued at about $209,000. Institutional investors own 78.24% of the company’s stock.

Green Brick Partners Price Performance

Green Brick Partners stock opened at $71.46 on Monday. The business’s fifty day moving average is $75.68 and its two-hundred day moving average is $69.20. 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 firm has a market cap of $3.18 billion, a P/E ratio of 9.28 and a beta of 1.83. Green Brick Partners, Inc. has a 52 week low of $46.83 and a 52 week high of $84.66.

Green Brick Partners (NASDAQ:GRBK) last issued its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $1.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.07 by ($0.09). The company had revenue of $523.70 million for the quarter, compared to analyst estimates of $539.86 million. Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%. The firm’s quarterly revenue was up 25.0% on a year-over-year basis. During the same quarter last year, the company earned $1.56 EPS. Equities research analysts forecast that Green Brick Partners, Inc. will post 8.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wedbush reaffirmed a “neutral” rating and set a $60.00 price objective (up from $53.00) on shares of Green Brick Partners in a research note on Monday, August 5th.

Green Brick Partners 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.