Isthmus Partners LLC Acquires New Stake in Green Brick Partners, Inc. $GRBK

Isthmus Partners LLC acquired a new position in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) in the 4th quarter, Holdings Channel reports. The fund acquired 26,417 shares of the financial services provider’s stock, valued at approximately $1,655,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. MTM Investment Management LLC increased its holdings in shares of Green Brick Partners by 1.0% in the 3rd quarter. MTM Investment Management LLC now owns 16,603 shares of the financial services provider’s stock worth $1,226,000 after buying an additional 164 shares during the last quarter. GAMMA Investing LLC grew its position in Green Brick Partners by 5.6% in the fourth quarter. GAMMA Investing LLC now owns 3,281 shares of the financial services provider’s stock worth $206,000 after acquiring an additional 174 shares in the last quarter. Lido Advisors LLC grew its position in Green Brick Partners by 3.1% in the third quarter. Lido Advisors LLC now owns 6,863 shares of the financial services provider’s stock worth $507,000 after acquiring an additional 206 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in Green Brick Partners by 45.5% in the third quarter. SBI Securities Co. Ltd. now owns 863 shares of the financial services provider’s stock valued at $64,000 after acquiring an additional 270 shares during the last quarter. Finally, Covestor Ltd raised its position in Green Brick Partners by 7.6% during the third quarter. Covestor Ltd now owns 3,880 shares of the financial services provider’s stock valued at $287,000 after purchasing an additional 273 shares in the last quarter. Hedge funds and other institutional investors own 78.24% of the company’s stock.

Green Brick Partners Trading Down 3.0%

NASDAQ GRBK opened at $62.09 on Friday. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. The stock’s 50-day simple moving average is $66.19 and its two-hundred day simple moving average is $67.82. Green Brick Partners, Inc. has a twelve month low of $56.85 and a twelve month high of $80.97. The company has a market capitalization of $2.68 billion, a price-to-earnings ratio of 8.06 and a beta of 1.85.

Green Brick Partners (NASDAQ:GRBK) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.19 by $0.20. Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%.Green Brick Partners’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.67 EPS. Research analysts forecast that Green Brick Partners, Inc. will post 8.34 EPS for the current fiscal year.

Green Brick Partners Profile

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.