Stifel Financial Corp Sells 1,156 Shares of Green Brick Partners, Inc. (NASDAQ:GRBK)

Stifel Financial Corp decreased its position in Green Brick Partners, Inc. (NASDAQ:GRBK) by 7.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 13,420 shares of the financial services provider’s stock after selling 1,156 shares during the period. Stifel Financial Corp’s holdings in Green Brick Partners were worth $1,121,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Inspire Investing LLC lifted its position in shares of Green Brick Partners by 3.7% in the second quarter. Inspire Investing LLC now owns 6,129 shares of the financial services provider’s stock worth $351,000 after purchasing an additional 221 shares in the last quarter. GAMMA Investing LLC increased its stake in Green Brick Partners by 20.9% in the 3rd quarter. GAMMA Investing LLC now owns 1,766 shares of the financial services provider’s stock valued at $147,000 after buying an additional 305 shares during the last quarter. Kendall Capital Management lifted its position in Green Brick Partners by 1.8% during the 2nd quarter. Kendall Capital Management now owns 17,883 shares of the financial services provider’s stock worth $1,024,000 after buying an additional 315 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Green Brick Partners by 43.6% during the 3rd quarter. Blue Trust Inc. now owns 1,142 shares of the financial services provider’s stock worth $95,000 after buying an additional 347 shares during the last quarter. Finally, Hollencrest Capital Management bought a new position in shares of Green Brick Partners in the 3rd quarter valued at about $29,000. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Stock Performance

NASDAQ GRBK opened at $57.63 on Monday. The firm has a market capitalization of $2.56 billion, a P/E ratio of 7.48 and a beta of 1.80. 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 firm’s fifty day moving average price is $71.13 and its two-hundred day moving average price is $70.34. Green Brick Partners, Inc. has a 1 year low of $48.38 and a 1 year high of $84.66.

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

Wall Street Analysts Forecast Growth

Separately, JMP Securities reiterated a “market perform” rating on shares of Green Brick Partners in a report on Tuesday, December 3rd.

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.