Voss Capital LP Has $11.21 Million Stock Position in Landsea Homes Co. (NASDAQ:LSEA)

Voss Capital LP boosted its holdings in shares of Landsea Homes Co. (NASDAQ:LSEA - Free Report) by 72.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,320,153 shares of the company's stock after buying an additional 555,153 shares during the period. Landsea Homes comprises 0.8% of Voss Capital LP's portfolio, making the stock its 25th largest holding. Voss Capital LP owned approximately 3.64% of Landsea Homes worth $11,208,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Barclays PLC lifted its stake in Landsea Homes by 87.0% during the third quarter. Barclays PLC now owns 209,290 shares of the company's stock worth $2,585,000 after purchasing an additional 97,391 shares during the period. Sanctuary Advisors LLC boosted its stake in Landsea Homes by 36.6% in the 4th quarter. Sanctuary Advisors LLC now owns 54,012 shares of the company's stock valued at $473,000 after buying an additional 14,464 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Landsea Homes by 88.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 93,526 shares of the company's stock worth $794,000 after acquiring an additional 43,909 shares in the last quarter. Geode Capital Management LLC raised its stake in Landsea Homes by 13.1% during the third quarter. Geode Capital Management LLC now owns 431,314 shares of the company's stock worth $5,328,000 after acquiring an additional 49,830 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Landsea Homes by 40.0% during the third quarter. Jane Street Group LLC now owns 57,393 shares of the company's stock valued at $709,000 after acquiring an additional 16,408 shares during the period. 82.99% of the stock is owned by institutional investors.

Landsea Homes Price Performance

NASDAQ:LSEA traded down $0.07 during mid-day trading on Friday, reaching $6.13. 113,973 shares of the company were exchanged, compared to its average volume of 261,038. Landsea Homes Co. has a 12 month low of $5.41 and a 12 month high of $14.04. The stock has a market cap of $222.70 million, a PE ratio of 8.51, a PEG ratio of 0.45 and a beta of 1.46. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.78. The company has a fifty day moving average of $6.73 and a 200 day moving average of $8.71.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Barclays dropped their target price on shares of Landsea Homes from $7.00 to $6.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Wedbush reiterated an "outperform" rating and issued a $15.00 target price on shares of Landsea Homes in a research note on Wednesday, March 5th.

Landsea Homes Company Profile

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.