Russell Investments Group Ltd. increased its position in Landsea Homes Co. (NASDAQ:LSEA - Free Report) by 170.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 317,796 shares of the company's stock after purchasing an additional 200,175 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.88% of Landsea Homes worth $2,698,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of the company. Summit Securities Group LLC purchased a new position in shares of Landsea Homes during the fourth quarter valued at $38,000. Wells Fargo & Company MN grew its holdings in Landsea Homes by 17.9% during the 4th quarter. Wells Fargo & Company MN now owns 12,306 shares of the company's stock worth $104,000 after acquiring an additional 1,870 shares in the last quarter. SG Americas Securities LLC increased its position in Landsea Homes by 30.5% during the 4th quarter. SG Americas Securities LLC now owns 13,175 shares of the company's stock valued at $112,000 after purchasing an additional 3,080 shares during the period. Virtu Financial LLC bought a new stake in shares of Landsea Homes in the 3rd quarter valued at about $167,000. Finally, EntryPoint Capital LLC purchased a new stake in shares of Landsea Homes in the 4th quarter worth approximately $208,000. 82.99% of the stock is currently owned by hedge funds and other institutional investors.
Landsea Homes Stock Up 2.1 %
Shares of NASDAQ:LSEA traded up $0.13 during trading on Wednesday, reaching $6.29. The stock had a trading volume of 32,454 shares, compared to its average volume of 320,148. The company has a current ratio of 2.81, a quick ratio of 2.81 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $228.52 million, a P/E ratio of 8.74, a PEG ratio of 0.45 and a beta of 1.46. The firm's 50-day simple moving average is $6.88 and its 200 day simple moving average is $8.80. Landsea Homes Co. has a one year low of $5.41 and a one year high of $14.04.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on LSEA shares. Wedbush reissued an "outperform" rating and set a $15.00 price objective on shares of Landsea Homes in a report on Wednesday, March 5th. Barclays dropped their target price on Landsea Homes from $7.00 to $6.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th.
Read Our Latest Stock Report on LSEA
Landsea Homes Company 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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