ExodusPoint Capital Management LP acquired a new stake in Legacy Housing Co. (NASDAQ:LEGH - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,120 shares of the company's stock, valued at approximately $299,000. ExodusPoint Capital Management LP owned 0.05% of Legacy Housing at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new position in Legacy Housing in the fourth quarter valued at about $49,000. JPMorgan Chase & Co. increased its holdings in Legacy Housing by 11.1% in 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 during the last quarter. BNP Paribas Financial Markets raised its position in Legacy Housing by 17.8% in the third quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company's stock valued at $153,000 after purchasing an additional 848 shares during the period. Exchange Traded Concepts LLC lifted its stake in Legacy Housing by 9.6% during the fourth 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 in the last quarter. Finally, Barclays PLC boosted its position in shares of Legacy Housing by 294.1% during the third quarter. Barclays PLC now owns 17,338 shares of the company's stock worth $474,000 after buying an additional 12,939 shares during the period. 89.35% of the stock is owned by hedge funds and other institutional investors.
Legacy Housing Price Performance
Shares of LEGH stock traded up $0.08 on Tuesday, hitting $24.06. The stock had a trading volume of 81,904 shares, compared to its average volume of 70,157. The firm has a market capitalization of $580.54 million, a P/E ratio of 11.09 and a beta of 0.91. The company's 50 day moving average price is $25.46 and its 200-day moving average price is $25.49. Legacy Housing Co. has a 1 year low of $19.42 and a 1 year high of $29.31.
Legacy Housing (NASDAQ:LEGH - Get Free Report) last posted its quarterly earnings data on Wednesday, March 12th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.52 by $0.07. Legacy Housing had a net margin of 33.11% and a return on equity of 11.85%. The business had revenue of $54.19 million during the quarter, compared to analyst estimates 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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