Legacy Housing Co. (NASDAQ:LEGH) Shares Sold by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC cut its holdings in Legacy Housing Co. (NASDAQ:LEGH - Free Report) by 61.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,399 shares of the company's stock after selling 14,805 shares during the period. Bridgeway Capital Management LLC's holdings in Legacy Housing were worth $232,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Barclays PLC lifted its position in shares of Legacy Housing by 294.1% during the third quarter. Barclays PLC now owns 17,338 shares of the company's stock worth $474,000 after acquiring an additional 12,939 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Legacy Housing by 11.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,423 shares of the company's stock valued at $148,000 after acquiring an additional 543 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Legacy Housing by 7.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 713,928 shares of the company's stock valued at $17,619,000 after purchasing an additional 48,268 shares during the last quarter. Voss Capital LP raised its position in shares of Legacy Housing by 8.7% in the 4th quarter. Voss Capital LP now owns 928,599 shares of the company's stock worth $22,918,000 after acquiring an additional 74,087 shares in the last quarter. Finally, Hsbc Holdings PLC purchased a new stake in shares of Legacy Housing in the 4th quarter worth approximately $341,000. Hedge funds and other institutional investors own 89.35% of the company's stock.

Analysts Set New Price Targets

Separately, B. Riley assumed coverage on Legacy Housing in a report on Friday. They issued a "neutral" rating and a $26.00 target price on the stock.

Legacy Housing Price Performance

Shares of NASDAQ:LEGH traded up $0.07 during trading hours on Friday, hitting $23.60. 92,316 shares of the company's stock traded hands, compared to its average volume of 68,249. The firm has a market capitalization of $569.18 million, a P/E ratio of 10.88 and a beta of 0.98. The business has a fifty day moving average price of $24.67 and a 200-day moving average price of $25.19. Legacy Housing Co. has a 1 year low of $21.67 and a 1 year high of $29.31.

Legacy Housing (NASDAQ:LEGH - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.16). Legacy Housing had a net margin of 33.11% and a return on equity of 11.85%. The business had revenue of $35.70 million for the quarter, compared to analysts' expectations of $44.13 million.

Legacy Housing Company Profile

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers.