Dimensional Fund Advisors LP increased its position in shares of Legacy Housing Co. (NASDAQ:LEGH - Free Report) by 7.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 713,928 shares of the company's stock after buying an additional 48,268 shares during the quarter. Dimensional Fund Advisors LP owned about 2.96% of Legacy Housing worth $17,619,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Advisory Research Inc. lifted its stake in shares of Legacy Housing by 34.0% in the 4th quarter. Advisory Research Inc. now owns 472,935 shares of the company's stock valued at $11,672,000 after purchasing an additional 120,000 shares during the last quarter. Barclays PLC boosted its stake in Legacy Housing by 10.6% during the fourth quarter. Barclays PLC now owns 19,174 shares of the company's stock worth $473,000 after buying an additional 1,836 shares during the period. Russell Investments Group Ltd. increased its position in shares of Legacy Housing by 43.4% during the fourth quarter. Russell Investments Group Ltd. now owns 31,474 shares of the company's stock valued at $777,000 after acquiring an additional 9,528 shares during the last quarter. Wells Fargo & Company MN raised its stake 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 acquiring an additional 1,195 shares during the period. Finally, ExodusPoint Capital Management LP acquired a new position in shares of Legacy Housing in the 4th quarter worth approximately $299,000. 89.35% of the stock is currently owned by institutional investors and hedge funds.
Legacy Housing Stock Down 1.9 %
NASDAQ LEGH traded down $0.47 on Friday, reaching $24.85. The stock had a trading volume of 40,200 shares, compared to its average volume of 67,957. The stock has a fifty day moving average price of $24.78 and a two-hundred day moving average price of $25.24. Legacy Housing Co. has a 12-month low of $21.67 and a 12-month high of $29.31. The firm has a market capitalization of $599.61 million, a price-to-earnings ratio of 11.45 and a beta of 0.98.
Legacy Housing (NASDAQ:LEGH - Get Free Report) last posted its earnings results on Wednesday, March 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.07. The firm had revenue of $54.19 million for the quarter, compared to analyst estimates 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
(
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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