Dimensional Fund Advisors LP raised its position in shares of Green Brick Partners Inc (NASDAQ:GRBK) by 7.8% in the third quarter, HoldingsChannel.com reports. The firm owned 839,724 shares of the financial services provider’s stock after buying an additional 60,713 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Green Brick Partners were worth $8,313,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Citadel Advisors LLC bought a new stake in shares of Green Brick Partners during the 3rd quarter valued at about $111,000. Susquehanna International Group LLP bought a new stake in shares of Green Brick Partners during the 2nd quarter valued at about $118,000. Hotchkis & Wiley Capital Management LLC bought a new stake in shares of Green Brick Partners during the 3rd quarter valued at about $139,000. Macquarie Group Ltd. bought a new stake in shares of Green Brick Partners during the 3rd quarter valued at about $139,000. Finally, Alliancebernstein L.P. bought a new stake in shares of Green Brick Partners during the 2nd quarter valued at about $159,000. Institutional investors and hedge funds own 79.29% of the company’s stock.
A number of equities research analysts have issued reports on the company. BidaskClub downgraded Green Brick Partners from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. TheStreet upgraded Green Brick Partners from a “c+” rating to a “b” rating in a research note on Friday, October 27th.
Green Brick Partners (NASDAQ:GRBK) last announced its quarterly earnings data on Monday, November 6th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. Green Brick Partners had a return on equity of 12.07% and a net margin of 7.05%.
In related news, insider Jed Dolson sold 5,400 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $11.02, for a total transaction of $59,508.00. Following the completion of the transaction, the insider now directly owns 89,583 shares in the company, valued at approximately $987,204.66. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 53.50% of the company’s stock.
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Green Brick Partners Profile
Green Brick Partners, Inc operates in the real estate industry. The Company operates through two segments. The builder operations segment includes its controlled builders results, which include building and selling single-family detached homes and townhomes that are designed and built to meet local customer preferences, and the sale of lots.
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