Anson Funds Management LP Takes Position in United Homes Group, Inc. (NASDAQ:UHG)

Anson Funds Management LP purchased a new position in shares of United Homes Group, Inc. (NASDAQ:UHG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,500,000 shares of the company's stock, valued at approximately $6,345,000. United Homes Group accounts for about 0.6% of Anson Funds Management LP's investment portfolio, making the stock its 20th largest position. Anson Funds Management LP owned approximately 3.10% of United Homes Group at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fidelity National Financial Inc. acquired a new position in shares of United Homes Group in the fourth quarter worth about $11,844,000. Dendur Capital LP boosted its holdings in United Homes Group by 759.5% in the fourth quarter. Dendur Capital LP now owns 1,199,889 shares of the company's stock worth $5,076,000 after purchasing an additional 1,060,279 shares during the period. Boston Partners grew its position in shares of United Homes Group by 127.6% during the 4th quarter. Boston Partners now owns 600,217 shares of the company's stock valued at $2,539,000 after buying an additional 336,460 shares during the last quarter. Ghisallo Capital Management LLC bought a new position in United Homes Group in the fourth quarter worth about $385,000. Finally, Stoneridge Investment Partners LLC boosted its stake in United Homes Group by 16.8% in the fourth quarter. Stoneridge Investment Partners LLC now owns 56,776 shares of the company's stock valued at $240,000 after acquiring an additional 8,187 shares during the period. Institutional investors and hedge funds own 88.85% of the company's stock.

United Homes Group Stock Performance

UHG stock traded down $0.09 during mid-day trading on Thursday, reaching $1.67. The company had a trading volume of 2,046,000 shares, compared to its average volume of 103,267. The company has a quick ratio of 1.58, a current ratio of 6.62 and a debt-to-equity ratio of 7.16. The stock's 50-day simple moving average is $2.74 and its two-hundred day simple moving average is $4.13. The stock has a market capitalization of $97.87 million, a P/E ratio of -2.83 and a beta of 0.97. United Homes Group, Inc. has a one year low of $1.60 and a one year high of $7.80.

United Homes Group (NASDAQ:UHG - Get Free Report) last announced its quarterly earnings results on Wednesday, March 12th. The company reported $0.16 earnings per share (EPS) for the quarter. United Homes Group had a positive return on equity of 1,250.34% and a negative net margin of 4.58%. The company had revenue of $134.81 million during the quarter.

United Homes Group Profile

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.