PDT Partners LLC purchased a new position in shares of Legacy Housing Co. (NASDAQ:LEGH - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 15,415 shares of the company's stock, valued at approximately $380,000. PDT Partners LLC owned 0.06% of Legacy Housing at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Geode Capital Management LLC lifted its stake in Legacy Housing by 17.8% in the third quarter. Geode Capital Management LLC now owns 269,325 shares of the company's stock valued at $7,367,000 after buying an additional 40,729 shares during the last quarter. Barclays PLC raised its position in shares of Legacy Housing by 294.1% during the 3rd quarter. Barclays PLC now owns 17,338 shares of the company's stock worth $474,000 after buying an additional 12,939 shares in the last quarter. JPMorgan Chase & Co. lifted its stake 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 worth $148,000 after acquiring an additional 543 shares during the period. Voss Capital LP boosted its holdings in shares of Legacy Housing by 8.7% in the fourth quarter. Voss Capital LP now owns 928,599 shares of the company's stock valued at $22,918,000 after acquiring an additional 74,087 shares in the last quarter. Finally, Boston Partners increased its stake in shares of Legacy Housing by 37.9% during the fourth quarter. Boston Partners now owns 18,049 shares of the company's stock valued at $445,000 after acquiring an additional 4,964 shares during the period. Institutional investors own 89.35% of the company's stock.
Legacy Housing Stock Up 1.2 %
LEGH traded up $0.29 during trading on Wednesday, reaching $25.20. The stock had a trading volume of 2,969 shares, compared to its average volume of 68,923. The stock has a 50 day moving average of $24.75 and a two-hundred day moving average of $25.25. The firm has a market capitalization of $608.05 million, a price-to-earnings ratio of 11.61 and a beta of 0.98. Legacy Housing Co. has a 1-year low of $20.55 and a 1-year high of $29.31.
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, beating the consensus estimate of $0.52 by $0.07. Legacy Housing had a return on equity of 11.85% and a net margin of 33.11%. The business had revenue of $54.19 million during the quarter, compared to analysts' expectations of $44.59 million.
About Legacy Housing
(
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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