Bridgeway Capital Management LLC cut its holdings in Legacy Housing Co. (NASDAQ:LEGH - Free Report) by 61.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 9,399 shares of the company's stock after selling 14,805 shares during the quarter. Bridgeway Capital Management LLC's holdings in Legacy Housing were worth $232,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Aquatic Capital Management LLC acquired a new position in shares of Legacy Housing in the 4th quarter valued at approximately $33,000. KLP Kapitalforvaltning AS acquired a new position in shares of Legacy Housing in the 4th quarter valued at approximately $49,000. JPMorgan Chase & Co. grew its position 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 purchasing an additional 543 shares during the period. Wells Fargo & Company MN grew its position in shares of Legacy Housing by 22.2% in the 4th quarter. Wells Fargo & Company MN now owns 6,581 shares of the company's stock valued at $162,000 after purchasing an additional 1,195 shares during the period. Finally, MetLife Investment Management LLC grew its position in shares of Legacy Housing by 18.5% in the 4th quarter. MetLife Investment Management LLC now owns 6,924 shares of the company's stock valued at $171,000 after purchasing an additional 1,081 shares during the period. 89.35% of the stock is currently owned by institutional investors and hedge funds.
Legacy Housing Stock Performance
Shares of LEGH opened at $25.73 on Tuesday. Legacy Housing Co. has a 52-week low of $21.67 and a 52-week high of $29.31. The stock has a 50 day simple moving average of $24.80 and a 200 day simple moving average of $25.24. The firm has a market capitalization of $620.84 million, a PE ratio of 11.86 and a beta of 0.98.
Legacy Housing (NASDAQ:LEGH - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The company reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by ($0.16). Legacy Housing had a return on equity of 11.85% and a net margin of 33.11%.
Legacy Housing Company Profile
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Free Report)
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.
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