Nisa Investment Advisors LLC Has $79,000 Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

Nisa Investment Advisors LLC boosted its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 26.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,396 shares of the financial services provider’s stock after acquiring an additional 289 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Green Brick Partners were worth $79,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Hollencrest Capital Management bought a new position in Green Brick Partners during the third quarter valued at about $29,000. Blue Trust Inc. grew its position in Green Brick Partners by 43.6% in the 3rd quarter. Blue Trust Inc. now owns 1,142 shares of the financial services provider’s stock worth $95,000 after purchasing an additional 347 shares during the last quarter. GAMMA Investing LLC grew its position 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 worth $147,000 after purchasing an additional 305 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in Green Brick Partners during the third quarter worth about $209,000. Finally, nVerses Capital LLC grew its position in Green Brick Partners by 31.8% during the third quarter. nVerses Capital LLC now owns 2,900 shares of the financial services provider’s stock worth $242,000 after buying an additional 700 shares in the last quarter. 78.24% of the stock is currently owned by institutional investors and hedge funds.

Green Brick Partners Price Performance

NASDAQ:GRBK opened at $62.39 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. The company has a 50-day moving average of $62.00 and a 200-day moving average of $70.47. Green Brick Partners, Inc. has a 52 week low of $50.67 and a 52 week high of $84.66. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 8.10 and a beta of 1.84.

Green Brick Partners (NASDAQ:GRBK) last posted its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $1.98 earnings per share (EPS) 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 business had revenue of $523.70 million during the quarter, compared to analyst estimates of $539.86 million. During the same period last year, the company earned $1.56 EPS. The business’s revenue for the quarter was up 25.0% on a year-over-year basis. As a group, equities research analysts anticipate that Green Brick Partners, Inc. will post 8.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Green Brick Partners Company 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.