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Green Brick Partners, Inc. is owned by Rice Hall James & Associates LLC, which has a $2.76 million investment (NASDAQ:GRBK)

Green Brick Partners, Inc. is owned by Rice Hall James & Associates LLC, which has a $2.76 million investment (NASDAQ:GRBK)

The most recent 13F filing that Rice Hall James & Associates LLC submitted to the Securities and Exchange Commission reveals that the company’s holdings in Green Brick Partners, Inc. (NASDAQ: GRBK) were reduced during the third quarter by 23.7%. The fund was left with 129,015 shares of the financial services company’s stock after selling 40,048 shares throughout the period in question. Rice Hall James & Associates LLC disclosed to the Securities and Exchange Commission in its most recent filing that the company owned 0.27% of Green Brick Partners, which at the time had a market value of $2,758,000. The company provided this information.

Other hedge funds’ total investments in GRBK have undergone various scale-related transformations due to these alterations. During the third quarter of 2018, Wipfli Financial Advisors LLC made a new investment in Green Brick Partners. The expense of this investment came to a total of $42,000 for the company. Lazard Asset Management LLC increased its holdings in Green Brick Partners during the first quarter by purchasing additional shares for approximately 51,000 dollars. This was done to diversify the company’s holdings. The percentage of Green Brick Partners owned by Covestor Ltd. increased by 1,175.2% during the year’s first three months. Covestor Ltd. now has a total of 2,882 shares, with a market cap of $57,000. This is because the company made an additional purchase of 2,656 shares during the most recent quarter. Point72 Hong Kong Ltd. increased its holdings in Green Brick Partners by 86.3% during the first three months of 2018. Point72 Hong Kong Ltd now owns a total of 3,182 shares of the $63,000 company’s stock after purchasing an additional 1,474 shares during the most recent quarter. And finally, during the first quarter of this year, Amalgamated Bank increased its stake in Green Brick Partners by investing an additional $80,000. This brought the total amount of money invested by the bank to $160,000. To the tune of 88.42% of the company’s shares, hedge funds and other institutional investors are the owners.

Several different equity analysts have written recent reports on GRBK. These analyses are available on their respective websites, which can be accessed here. In a report that was released on November 22, JPMorgan Chase & Co. altered their rating for Green Brick Partners from “underweight” to “neutral” and increased their price target for the company from $19.50 to $26.50 JPMorgan Chase & Co. altered their rating for Green Brick Partners from “underweight” to “neutral” and increased their price target for the company from $19.50 to $26.50. Green Brick Partners’ stock received a rating of “neutral” from B. Riley in a research report published on Tuesday, October 18. Additionally, the company lowered its price objective on the stock from $27.00 to $23.00. The stock was also assigned a price target considered “neutral” based on the analysis. StockNews.com kicked off its coverage of Green Brick Partners on October 12 by publishing the first of its research articles on the company. This marked the beginning of the website’s coverage of the company. They advised their clients to “hold” the stock moving forward. According to information provided by Bloomberg, five different research analysts have recommended that investors maintain their holdings of shares of the company. At this time, the “Hold” recommendation is the most popular one for the company, and a price target of $25.17 is considered the most popular.

NASDAQ: GRBK was first available for trading on Monday with an opening price of $27.70. The company currently has a simple moving average of $24.36 for the past 50 days, and its simple moving average for the past 200 days is $24.02, respectively. The company’s current market capitalization value is estimated to be 1.28 billion dollars, while its PE ratio stands at 4.55 and its beta stands at 1.50. Green Brick Partners, Inc. experienced price fluctuations during the previous year that reached as high as $30.80 (at their lowest point) and $16.80 (at their highest point). The debt-to-equity ratio is calculated to be 0.34, the quick ratio is determined to be 0.55, and the current ratio is determined to be 6.10.

On November 2, the most recent quarterly earnings report for Green Brick Partners, traded on the NASDAQ under the GRBK, was made public. The company that provides financial services reported earnings per share for the quarter that came in at $1.57, which is $0.24 more than the estimate made by the consensus, which was $1.33. Green Brick Partners achieved a return on equity of 33.18 percent, and the net margin for the company was 16.85 percent. The actual revenue for the quarter was $407.94 million, which was significantly higher than the analysts’ forecast of $395.78 million. Green Brick Partners, Inc. is expected to generate earnings of $6.07 per share in 2018, according to projections made available by professionals in the field of research.

Green Brick Partners, Inc. is a company based in the United States that specializes in developing real estate and constructing residential buildings. The company can be broken down into three distinct business segments:

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