Caxton Associates LLP Takes Position in Green Brick Partners, Inc. $GRBK

Caxton Associates LLP purchased a new stake in shares of Green Brick Partners, Inc. (NASDAQ:GRBK) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 8,198 shares of the financial services provider’s stock, valued at approximately $528,000.

A number of other large investors have also recently made changes to their positions in GRBK. Royal Bank of Canada lifted its position in Green Brick Partners by 7.4% during the first quarter. Royal Bank of Canada now owns 9,915 shares of the financial services provider’s stock valued at $579,000 after buying an additional 683 shares during the period. AQR Capital Management LLC increased its stake in shares of Green Brick Partners by 91.5% in the 1st quarter. AQR Capital Management LLC now owns 20,091 shares of the financial services provider’s stock worth $1,172,000 after acquiring an additional 9,597 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Green Brick Partners by 13.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 270,236 shares of the financial services provider’s stock valued at $15,757,000 after acquiring an additional 31,547 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Green Brick Partners by 7.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,597 shares of the financial services provider’s stock valued at $3,825,000 after acquiring an additional 4,763 shares during the period. Finally, CW Advisors LLC bought a new stake in Green Brick Partners during the second quarter worth about $223,000. 78.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Green Brick Partners Price Performance

NASDAQ GRBK opened at $72.45 on Tuesday. The company’s 50 day moving average is $72.27 and its two-hundred day moving average is $70.51. Green Brick Partners, Inc. has a 12 month low of $60.44 and a 12 month high of $83.18. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 9.41 and a beta of 1.79. The company has a current ratio of 7.57, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20.

Green Brick Partners (NASDAQ:GRBK) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, topping 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%.During the same period in the previous year, the business earned $1.67 EPS. The firm’s revenue was down 5.9% on a year-over-year basis. As a group, research analysts anticipate that Green Brick Partners, Inc. will post 8.34 earnings per share for the current 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.