Anson Funds Management LP Buys New Shares in United Homes Group, Inc. (NASDAQ:UHG)

Anson Funds Management LP bought a new stake in shares of United Homes Group, Inc. (NASDAQ:UHG - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,500,000 shares of the company's stock, valued at approximately $6,345,000. United Homes Group comprises about 0.6% of Anson Funds Management LP's holdings, making the stock its 20th largest position. Anson Funds Management LP owned about 3.10% of United Homes Group at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Northern Trust Corp increased its holdings in United Homes Group by 7.3% during the fourth quarter. Northern Trust Corp now owns 54,357 shares of the company's stock worth $230,000 after buying an additional 3,720 shares during the last quarter. Ghisallo Capital Management LLC bought a new position in shares of United Homes Group during the 4th quarter valued at approximately $385,000. Dendur Capital LP increased its stake in shares of United Homes Group by 759.5% during the 4th 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 last quarter. Fidelity National Financial Inc. bought a new stake in shares of United Homes Group in the 4th quarter worth approximately $11,844,000. Finally, JPMorgan Chase & Co. lifted its stake in United Homes Group by 116.9% in the fourth quarter. JPMorgan Chase & Co. now owns 19,521 shares of the company's stock valued at $83,000 after purchasing an additional 10,523 shares during the last quarter. Institutional investors own 88.85% of the company's stock.

United Homes Group Stock Performance

UHG traded down $0.04 during trading hours on Wednesday, hitting $1.76. The stock had a trading volume of 132,171 shares, compared to its average volume of 51,622. The stock has a market cap of $103.14 million, a PE ratio of -2.98 and a beta of 0.97. United Homes Group, Inc. has a 1 year low of $1.74 and a 1 year high of $7.80. 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 company's fifty day simple moving average is $2.78 and its 200 day simple moving average is $4.14.

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

About United Homes Group

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.