Security National Bank Boosts Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

Security National Bank raised its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 4.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 76,346 shares of the financial services provider’s stock after buying an additional 3,341 shares during the quarter. Security National Bank’s holdings in Green Brick Partners were worth $4,452,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new position in shares of Green Brick Partners during the first quarter worth $371,000. Vista Finance LLC grew its position in Green Brick Partners by 8.1% during the 1st quarter. Vista Finance LLC now owns 5,007 shares of the financial services provider’s stock worth $292,000 after purchasing an additional 374 shares during the period. Byrne Asset Management LLC raised its stake in shares of Green Brick Partners by 50.7% during the 1st quarter. Byrne Asset Management LLC now owns 2,170 shares of the financial services provider’s stock valued at $127,000 after buying an additional 730 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Green Brick Partners by 36.8% in the 1st quarter. GAMMA Investing LLC now owns 2,400 shares of the financial services provider’s stock valued at $140,000 after buying an additional 646 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Green Brick Partners by 1.7% in the 1st quarter. Harbor Capital Advisors Inc. now owns 224,209 shares of the financial services provider’s stock valued at $13,074,000 after buying an additional 3,687 shares during the period. 78.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Green Brick Partners Stock Performance

GRBK opened at $62.26 on Thursday. The stock has a market cap of $2.73 billion, a P/E ratio of 8.09 and a beta of 1.86. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. The firm has a fifty day moving average price of $59.67 and a 200 day moving average price of $59.18. Green Brick Partners, Inc. has a 1 year low of $50.57 and a 1 year high of $84.66.

Green Brick Partners (NASDAQ:GRBK) last posted its earnings results on Wednesday, April 30th. The financial services provider reported $1.67 earnings per share (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 in the previous year, the business earned $1.82 EPS. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. Equities research analysts anticipate that Green Brick Partners, Inc. will post 8.34 earnings per share for the current year.

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.