Segall Bryant & Hamill LLC Purchases 7,582 Shares of Green Brick Partners, Inc. $GRBK

Segall Bryant & Hamill LLC grew its position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 68.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,685 shares of the financial services provider’s stock after purchasing an additional 7,582 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Green Brick Partners were worth $1,204,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Osterweis Capital Management Inc. bought a new position in Green Brick Partners in the 2nd quarter valued at approximately $31,000. Clearstead Advisors LLC raised its stake 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 acquiring an additional 458 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Green Brick Partners by 76.1% during 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 position in shares of Green Brick Partners during the fourth quarter worth $69,000. Finally, NBC Securities Inc. grew its stake in shares of Green Brick Partners by 5,724.0% in the fourth quarter. NBC Securities Inc. now owns 1,456 shares of the financial services provider’s stock worth $91,000 after purchasing an additional 1,431 shares during the last quarter. 78.24% of the stock is currently owned by institutional investors.

Green Brick Partners Trading Up 1.6%

GRBK opened at $73.23 on Thursday. Green Brick Partners, Inc. has a twelve month low of $60.44 and a twelve month high of $83.18. The company has a fifty day moving average of $73.07 and a 200-day moving average of $70.55. The stock has a market cap of $3.15 billion, a PE ratio of 9.51 and a beta of 1.79. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20.

Green Brick Partners (NASDAQ:GRBK) last released its earnings results on Wednesday, July 29th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.31. Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. The company’s revenue for the quarter was down 10.1% compared to the same quarter last year. During the same period last year, the business earned $1.85 EPS. On average, sell-side analysts predict that Green Brick Partners, Inc. will post 8.34 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Citizens Jmp reaffirmed a “market perform” rating on shares of Green Brick Partners in a research report on Tuesday, May 19th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

About Green Brick Partners

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.