Voss Capital LP Has $22.92 Million Stake in Legacy Housing Co. (NASDAQ:LEGH)

Voss Capital LP raised its position in shares of Legacy Housing Co. (NASDAQ:LEGH - Free Report) by 8.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 928,599 shares of the company's stock after purchasing an additional 74,087 shares during the quarter. Legacy Housing comprises 1.7% of Voss Capital LP's portfolio, making the stock its 21st largest holding. Voss Capital LP owned about 3.84% of Legacy Housing worth $22,918,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of LEGH. Meixler Investment Management Ltd. boosted its stake in Legacy Housing by 0.5% during the fourth quarter. Meixler Investment Management Ltd. now owns 107,440 shares of the company's stock valued at $2,652,000 after buying an additional 541 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Legacy Housing by 11.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,423 shares of the company's stock valued at $148,000 after purchasing an additional 543 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Legacy Housing by 9.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 11,706 shares of the company's stock worth $289,000 after purchasing an additional 1,030 shares during the last quarter. MetLife Investment Management LLC raised its holdings in shares of Legacy Housing by 18.5% in the 4th quarter. MetLife Investment Management LLC now owns 6,924 shares of the company's stock worth $171,000 after purchasing an additional 1,081 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Legacy Housing by 22.2% during the fourth quarter. Wells Fargo & Company MN now owns 6,581 shares of the company's stock valued at $162,000 after purchasing an additional 1,195 shares during the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Legacy Housing Stock Down 1.4 %

NASDAQ:LEGH traded down $0.34 during trading hours on Friday, reaching $24.55. 46,153 shares of the company's stock were exchanged, compared to its average volume of 69,388. The company has a market capitalization of $592.37 million, a P/E ratio of 11.31 and a beta of 0.91. Legacy Housing Co. has a 12 month low of $20.06 and a 12 month high of $29.31. The business's 50-day simple moving average is $24.89 and its two-hundred day simple moving average is $25.36.

Legacy Housing (NASDAQ:LEGH - Get Free Report) last issued its earnings results on Wednesday, March 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $44.59 million.

About Legacy Housing

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.