Voya Investment Management LLC Reduces Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

Voya Investment Management LLC cut its stake in Green Brick Partners, Inc. (NASDAQ:GRBK) by 6.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,486 shares of the financial services provider’s stock after selling 673 shares during the period. Voya Investment Management LLC’s holdings in Green Brick Partners were worth $536,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in shares of Green Brick Partners in the 4th quarter valued at about $9,488,000. WCM Investment Management LLC acquired a new stake in shares of Green Brick Partners in the fourth quarter valued at approximately $8,053,000. Renaissance Technologies LLC boosted its holdings in shares of Green Brick Partners by 118.1% in the fourth quarter. Renaissance Technologies LLC now owns 145,709 shares of the financial services provider’s stock valued at $8,231,000 after acquiring an additional 78,900 shares during the period. Edgestream Partners L.P. grew its position in shares of Green Brick Partners by 549.1% during the fourth quarter. Edgestream Partners L.P. now owns 90,218 shares of the financial services provider’s stock worth $5,096,000 after acquiring an additional 76,318 shares during the last quarter. Finally, Annex Advisory Services LLC increased its holdings in shares of Green Brick Partners by 26.5% in the 4th quarter. Annex Advisory Services LLC now owns 271,931 shares of the financial services provider’s stock valued at $15,361,000 after acquiring an additional 57,045 shares during the period. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Trading Down 0.8 %

NASDAQ:GRBK opened at $60.12 on Friday. Green Brick Partners, Inc. has a 12-month low of $50.57 and a 12-month high of $84.66. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20. The stock’s 50 day simple moving average is $58.04 and its 200-day simple moving average is $61.68. The firm has a market cap of $2.64 billion, a P/E ratio of 7.81 and a beta of 1.94.

Green Brick Partners (NASDAQ:GRBK) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $1.67 EPS for the quarter, missing analysts’ consensus estimates 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 in the previous year, the company posted $1.82 EPS. The business’s quarterly revenue was up 11.2% on a year-over-year basis. Equities analysts anticipate that Green Brick Partners, Inc. will post 8.34 EPS for the current year.

Analyst Ratings Changes

Separately, Wedbush reissued a “neutral” rating and set a $70.00 price objective on shares of Green Brick Partners in a research report on Friday, February 28th.

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.