Landsea Homes Co. (NASDAQ:LSEA) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in Landsea Homes Co. (NASDAQ:LSEA - Free Report) by 13.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,271,249 shares of the company's stock after purchasing an additional 151,520 shares during the quarter. Dimensional Fund Advisors LP owned 3.50% of Landsea Homes worth $10,793,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wells Fargo & Company MN boosted its stake in Landsea Homes by 17.9% during the 4th quarter. Wells Fargo & Company MN now owns 12,306 shares of the company's stock valued at $104,000 after purchasing an additional 1,870 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Landsea Homes by 30.5% in the fourth quarter. SG Americas Securities LLC now owns 13,175 shares of the company's stock worth $112,000 after purchasing an additional 3,080 shares during the last quarter. Summit Securities Group LLC purchased a new position in shares of Landsea Homes in the 4th quarter worth $38,000. Geode Capital Management LLC increased its position in shares of Landsea Homes by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 439,087 shares of the company's stock valued at $3,729,000 after purchasing an additional 7,773 shares during the last quarter. Finally, Empowered Funds LLC lifted its stake in Landsea Homes by 5.1% in the fourth quarter. Empowered Funds LLC now owns 193,501 shares of the company's stock worth $1,643,000 after purchasing an additional 9,353 shares during the last quarter. Hedge funds and other institutional investors own 82.99% of the company's stock.

Analyst Upgrades and Downgrades

LSEA has been the topic of a number of recent research reports. Wedbush reissued a "neutral" rating and set a $11.30 price target (down previously from $15.00) on shares of Landsea Homes in a research report on Tuesday. Barclays dropped their price objective on shares of Landsea Homes from $7.00 to $6.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Finally, Oppenheimer lowered shares of Landsea Homes from an "outperform" rating to a "market perform" rating in a research note on Tuesday.

Landsea Homes Stock Up 0.2%

NASDAQ LSEA traded up $0.03 during trading on Thursday, reaching $11.24. 321,036 shares of the company's stock were exchanged, compared to its average volume of 387,047. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.81 and a current ratio of 2.81. The company has a 50 day moving average price of $6.57 and a two-hundred day moving average price of $8.29. The stock has a market cap of $409.07 million, a P/E ratio of 15.60, a price-to-earnings-growth ratio of 0.45 and a beta of 1.60. Landsea Homes Co. has a 1 year low of $5.41 and a 1 year high of $14.04.

Landsea Homes Company Profile

Landsea Homes Corporation engages in the design, construction, marketing, and sale of suburban and urban single-family detached and attached homes in the United States. The company develops homes and communities; builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities.