Anson Funds Management LP Sells 456,078 Shares of United Homes Group, Inc. $UHG

Key Points

• Anson Funds Management LP reduced its stake in United Homes Group, Inc. by 30.4% in the first quarter, now holding approximately 1.78% of the company with a value of $2.92 million.
• United Homes Group's stock opened at $4.24 and has a market cap of $249.31 million, with a 52-week low of $1.60 and a high of $6.93.
• The company reported an earnings per share (EPS) of ($0.11) for the quarter, with revenues totaling $105.51 million.

Anson Funds Management LP lowered its stake in shares of United Homes Group, Inc. (NASDAQ:UHG - Free Report) by 30.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,043,922 shares of the company's stock after selling 456,078 shares during the period. Anson Funds Management LP owned approximately 1.78% of United Homes Group worth $2,923,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in UHG. Northern Trust Corp raised its holdings in shares of United Homes Group by 7.3% during the fourth quarter. Northern Trust Corp now owns 54,357 shares of the company's stock valued at $230,000 after purchasing an additional 3,720 shares during the period. Millennium Management LLC raised its holdings in shares of United Homes Group by 42.3% in the 4th quarter. Millennium Management LLC now owns 37,994 shares of the company's stock worth $161,000 after acquiring an additional 11,289 shares during the last quarter. Polar Asset Management Partners Inc. acquired a new stake in shares of United Homes Group in the 4th quarter worth about $423,000. Seven Grand Managers LLC acquired a new stake in shares of United Homes Group in the 4th quarter worth about $180,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of United Homes Group by 34.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 23,396 shares of the company's stock worth $66,000 after acquiring an additional 6,000 shares during the last quarter. Institutional investors and hedge funds own 88.85% of the company's stock.

United Homes Group Stock Down 0.1%

Shares of UHG traded down $0.01 on Tuesday, reaching $4.12. The company's stock had a trading volume of 9,454 shares, compared to its average volume of 173,799. The company has a current ratio of 5.41, a quick ratio of 1.64 and a debt-to-equity ratio of 1.60. United Homes Group, Inc. has a twelve month low of $1.60 and a twelve month high of $6.93. The stock has a market capitalization of $241.96 million, a PE ratio of 68.58 and a beta of 1.22. The firm has a fifty day moving average of $3.98 and a 200-day moving average of $3.20.

United Homes Group (NASDAQ:UHG - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported ($0.11) earnings per share for the quarter. United Homes Group had a return on equity of 6.91% and a net margin of 1.16%.The business had revenue of $105.51 million during the quarter.

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.