33,158 Shares in Green Brick Partners, Inc. $GRBK Bought by Deutsche Bank AG

Deutsche Bank AG acquired a new position in Green Brick Partners, Inc. (NASDAQ:GRBK) in the second quarter, Holdings Channel reports. The firm acquired 33,158 shares of the financial services provider’s stock, valued at approximately $2,654,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Louisiana State Employees Retirement System acquired a new stake in shares of Green Brick Partners in the first quarter worth about $870,000. Dimensional Fund Advisors LP increased its holdings in shares of Green Brick Partners by 6.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,761,580 shares of the financial services provider’s stock valued at $113,529,000 after acquiring an additional 104,774 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Green Brick Partners by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 2,195,965 shares of the financial services provider’s stock valued at $137,599,000 after acquiring an additional 22,423 shares in the last quarter. Rice Hall James & Associates LLC bought a new position in shares of Green Brick Partners in the 2nd quarter valued at approximately $5,793,000. Finally, Crown Advisors Management Inc. acquired a new stake in Green Brick Partners in the 2nd quarter worth approximately $1,601,000. Hedge funds and other institutional investors own 78.24% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Citizens Jmp reiterated a “market perform” rating on shares of Green Brick Partners in a research note on Tuesday, May 19th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Green Brick Partners Price Performance

Shares of GRBK stock opened at $72.77 on Friday. The stock has a 50-day moving average price of $73.45 and a 200 day moving average price of $70.53. 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 firm has a market cap of $3.13 billion, a price-to-earnings ratio of 9.45 and a beta of 1.79. Green Brick Partners, Inc. has a 12 month low of $60.44 and a 12 month high of $83.18.

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

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.