Renaissance Technologies LLC increased its stake in Landsea Homes Co. (NASDAQ:LSEA - Free Report) by 195.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 281,113 shares of the company's stock after buying an additional 186,013 shares during the quarter. Renaissance Technologies LLC owned approximately 0.77% of Landsea Homes worth $2,387,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Summit Securities Group LLC acquired a new position in Landsea Homes in the fourth quarter valued at about $38,000. Wells Fargo & Company MN lifted its stake in shares of Landsea Homes by 17.9% in 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 period. SG Americas Securities LLC increased its position in Landsea Homes by 30.5% in the 4th quarter. SG Americas Securities LLC now owns 13,175 shares of the company's stock valued at $112,000 after buying an additional 3,080 shares in the last quarter. Virtu Financial LLC bought a new stake in Landsea Homes during the 3rd quarter worth approximately $167,000. Finally, EntryPoint Capital LLC purchased a new position in shares of Landsea Homes in the 4th quarter worth approximately $208,000. Institutional investors and hedge funds own 82.99% of the company's stock.
Landsea Homes Stock Performance
NASDAQ:LSEA traded up $0.10 during trading hours on Thursday, reaching $6.20. The company had a trading volume of 10,118 shares, compared to its average volume of 260,275. Landsea Homes Co. has a 1-year low of $5.41 and a 1-year high of $14.04. The firm has a market cap of $225.21 million, a PE ratio of 8.60, a price-to-earnings-growth ratio of 0.45 and a beta of 1.46. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.81 and a quick ratio of 2.81. The business's 50 day moving average price is $6.60 and its 200-day moving average price is $8.61.
Analyst Ratings Changes
A number of analysts have issued reports on the company. Wedbush reissued an "outperform" rating and issued a $15.00 target price on shares of Landsea Homes in a research report on Wednesday, March 5th. Barclays decreased their price objective on Landsea Homes from $7.00 to $6.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th.
Get Our Latest Analysis on Landsea Homes
Landsea Homes Profile
(
Free Report)
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.
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