2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. increased its position in Landsea Homes Co. ( NASDAQ:LSEA – Free Report ) by 170.
2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 317,796 shares of the company’s stock after purchasing an additional 200,175 shares during the quarter. Russell Investments Group Ltd.
owned approximately 0.88% of Landsea Homes worth $2,698,000 at the end of the most recent quarter. A number of other institutional investors have also recently bought and sold shares of the business.
Summit Securities Group LLC bought a new position in shares of Landsea Homes during the 4th quarter worth about $38,000. Wells Fargo & Company MN lifted its stake in Landsea Homes by 17.9% during the fourth quarter.
Wells Fargo & Company MN now owns 12,306 shares of the company’s stock worth $104,000 after purchasing an additional 1,870 shares during the period. SG Americas Securities LLC boosted its holdings in Landsea Homes by 30.5% during the fourth quarter.
SG Americas Securities LLC now owns 13,175 shares of the company’s stock valued at $112,000 after purchasing an additional 3,080 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Landsea Homes in the 3rd quarter valued at approximately $167,000. Finally, EntryPoint Capital LLC acquired a new position in shares of Landsea Homes in the 4th quarter worth approximately $208,000.
Institutional investors and hedge funds own 82.99% of the company’s stock. Wall Street Analyst Weigh In A number of analysts have weighed in on LSEA shares.
Barclays lowered their price target on Landsea Homes from $7.00 to $6.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th.
Wedbush reaffirmed an “outperform” rating and issued a $15.00 target price on shares of Landsea Homes in a report on Wednesday, March 5th. Landsea Homes Stock Up 2.
8 % NASDAQ LSEA opened at $5.93 on Friday. The stock’s 50 day simple moving average is $7.
01 and its 200 day simple moving average is $8.95. The company has a debt-to-equity ratio of 0.
78, a current ratio of 2.81 and a quick ratio of 2.81.
Landsea Homes Co. has a one year low of $5.41 and a one year high of $14.
04. The firm has a market cap of $215.44 million, a PE ratio of 8.
24, a price-to-earnings-growth ratio of 0.45 and a beta of 1.46.
Landsea Homes Company Profile ( Free Report ) Landsea Homes Corporation engages in the design, construction, marketing, and sale of suburban and urban single-family detached and attached homes in the United States. The company develops homes and communities; builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities. Featured Stories Want to see what other hedge funds are holding LSEA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Landsea Homes Co. ( NASDAQ:LSEA – Free Report ). Receive News & Ratings for Landsea Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Landsea Homes and related companies with MarketBeat.
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