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

Public Sector Pension Investment Board lifted its stake in Green Brick Partners, Inc. (NASDAQ:GRBK) by 17.7% during the third quarter, according to 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 owned 0.15% of Green Brick Partners worth $5,443,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hollencrest Capital Management bought a new position in shares of Green Brick Partners in the third quarter valued at approximately $29,000. Blue Trust Inc. bought a new position in Green Brick Partners in the 2nd quarter worth $48,000. nVerses Capital LLC lifted its position in Green Brick Partners by 1,000.0% during the 2nd quarter. nVerses Capital LLC now owns 2,200 shares of the financial services provider’s stock worth $126,000 after acquiring an additional 2,000 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Green Brick Partners by 20.9% during the third quarter. GAMMA Investing LLC now owns 1,766 shares of the financial services provider’s stock valued at $147,000 after acquiring an additional 305 shares during the period. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in shares of Green Brick Partners in the third quarter valued at about $209,000. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Green Brick Partners Price Performance

NASDAQ:GRBK opened at $71.46 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. Green Brick Partners, Inc. has a one year low of $46.83 and a one year high of $84.66. The company has a fifty day moving average price of $75.68 and a 200 day moving average price of $69.20. The stock has a market cap of $3.18 billion, a P/E ratio of 9.28 and a beta of 1.83.

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

Wall Street Analyst Weigh In

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

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.