Amalgamated Bank Has $757,000 Holdings in Green Brick Partners, Inc. (NASDAQ:GRBK)

Amalgamated Bank boosted its holdings in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) by 14.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,061 shares of the financial services provider’s stock after purchasing an additional 1,169 shares during the period. Amalgamated Bank’s holdings in Green Brick Partners were worth $757,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Green Brick Partners by 12.8% in the 1st quarter. Vanguard Group Inc. now owns 2,711,140 shares of the financial services provider’s stock valued at $163,292,000 after buying an additional 307,304 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Green Brick Partners by 1.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,609,122 shares of the financial services provider’s stock valued at $92,106,000 after buying an additional 16,613 shares during the last quarter. Salem Investment Counselors Inc. boosted its position in Green Brick Partners by 0.8% in the 2nd quarter. Salem Investment Counselors Inc. now owns 743,183 shares of the financial services provider’s stock valued at $42,540,000 after buying an additional 6,045 shares during the last quarter. American Century Companies Inc. boosted its position in Green Brick Partners by 0.5% in the 2nd quarter. American Century Companies Inc. now owns 591,085 shares of the financial services provider’s stock valued at $33,834,000 after buying an additional 2,875 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in Green Brick Partners by 6.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 511,482 shares of the financial services provider’s stock valued at $30,808,000 after buying an additional 32,373 shares during the last quarter. 78.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

GRBK has been the topic of several recent research reports. Wedbush restated a “neutral” rating and issued a $60.00 price target (up from $53.00) on shares of Green Brick Partners in a research report on Monday, August 5th. B. Riley raised their price target on Green Brick Partners from $62.00 to $78.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd.

Green Brick Partners Stock Performance

Shares of Green Brick Partners stock opened at $69.41 on Friday. The company has a market capitalization of $3.09 billion, a PE ratio of 9.01 and a beta of 1.83. Green Brick Partners, Inc. has a 12 month low of $46.61 and a 12 month high of $84.66. 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 stock’s fifty day simple moving average is $77.13 and its 200 day simple moving average is $68.06.

Green Brick Partners (NASDAQ:GRBK) last issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $1.98 EPS for the quarter, missing the consensus estimate of $2.07 by ($0.09). The business had revenue of $523.70 million for the quarter, compared to analyst estimates of $539.86 million. Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%. The business’s quarterly revenue was up 25.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.56 EPS. On average, research analysts predict that Green Brick Partners, Inc. will post 8.24 EPS 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.