Mad River Investors Sells 4,500 Shares of Green Brick Partners, Inc. (GRBK)

Mad River Investors Sells 4,500 Shares of Green Brick Partners, Inc. (GRBK)

Mad River Investors decreased its position in Green Brick Partners, Inc. (NASDAQ:GRBK) by 2.3% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 191,250 shares of the company’s stock after selling 4,500 shares during the period. Green Brick Partners makes up 2.0% of Mad River Investors’ holdings, making the stock its 16th largest position. Mad River Investors owned 0.39% of Green Brick Partners worth $1,580,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Kirr Marbach & Co. LLC IN raised its stake in Green Brick Partners by 3.0% in the third quarter. Kirr Marbach & Co. LLC IN now owns 32,410 shares of the company’s stock valued at $268,000 after buying an additional 950 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in Green Brick Partners by 143.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 35,840 shares of the company’s stock valued at $261,000 after buying an additional 21,100 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in Green Brick Partners during the second quarter valued at approximately $108,000. Ranger Investment Management L.P. raised its stake in Green Brick Partners by 4.2% in the second quarter. Ranger Investment Management L.P. now owns 121,800 shares of the company’s stock valued at $885,000 after buying an additional 4,930 shares in the last quarter. Finally, State Street Corp raised its stake in Green Brick Partners by 0.4% in the second quarter. State Street Corp now owns 286,855 shares of the company’s stock valued at $2,086,000 after buying an additional 1,072 shares in the last quarter. 82.85% of the stock is currently owned by institutional investors and hedge funds.

Shares of Green Brick Partners, Inc. (NASDAQ:GRBK) opened at 9.55 on Friday. The company has a 50 day moving average of $9.83 and a 200 day moving average of $8.56. The stock has a market capitalization of $467.35 million, a price-to-earnings ratio of 22.68 and a beta of 2.11. Green Brick Partners, Inc. has a 52-week low of $4.75 and a 52-week high of $10.85.

Green Brick Partners (NASDAQ:GRBK) last issued its quarterly earnings results on Monday, November 7th. The company reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.02. Green Brick Partners had a return on equity of 9.00% and a net margin of 6.00%. Analysts predict that Green Brick Partners, Inc. will post $0.47 EPS for the current fiscal year.

Green Brick Partners Company Profile

Green Brick Partners, Inc, formerly BioFuel Energy Corp., is a real estate operator. The Company is involved in the purchase and development of land for residential use, construction lending and home building operations. The Company operates through two segments: land development and homebuilding services.

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