Cerity Partners LLC reduced its position in Legacy Housing Co. (NASDAQ:LEGH - Free Report) by 40.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,419 shares of the company's stock after selling 72,857 shares during the period. Cerity Partners LLC owned approximately 0.44% of Legacy Housing worth $2,883,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its stake in shares of Legacy Housing by 193.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 91,453 shares of the company's stock worth $2,501,000 after purchasing an additional 60,292 shares during the last quarter. BNP Paribas Financial Markets raised its position in Legacy Housing by 17.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company's stock valued at $153,000 after buying an additional 848 shares during the last quarter. State Street Corp lifted its stake in Legacy Housing by 5.9% during the 3rd quarter. State Street Corp now owns 207,972 shares of the company's stock valued at $5,688,000 after acquiring an additional 11,599 shares in the last quarter. Barclays PLC lifted its stake in Legacy Housing by 294.1% during the 3rd quarter. Barclays PLC now owns 17,338 shares of the company's stock valued at $474,000 after acquiring an additional 12,939 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Legacy Housing by 17.8% during the 3rd quarter. Geode Capital Management LLC now owns 269,325 shares of the company's stock worth $7,367,000 after acquiring an additional 40,729 shares during the last quarter. Institutional investors and hedge funds own 89.35% of the company's stock.
Legacy Housing Price Performance
Shares of LEGH stock traded up $0.12 on Friday, hitting $24.21. The stock had a trading volume of 52,468 shares, compared to its average volume of 69,872. Legacy Housing Co. has a 12-month low of $19.42 and a 12-month high of $29.31. The stock has a market cap of $584.16 million, a price-to-earnings ratio of 11.16 and a beta of 0.91. The business has a 50 day moving average of $25.22 and a 200 day moving average of $25.43.
Legacy Housing (NASDAQ:LEGH - Get Free Report) last announced its earnings results on Wednesday, March 12th. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.07. The firm had revenue of $54.19 million for the quarter, compared to the consensus estimate of $44.59 million. 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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