Boston Partners grew its stake in United Homes Group, Inc. (NASDAQ:UHG - Free Report) by 127.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 600,217 shares of the company's stock after purchasing an additional 336,460 shares during the quarter. Boston Partners owned about 1.24% of United Homes Group worth $2,539,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Barclays PLC boosted its position in shares of United Homes Group by 260.8% during the third quarter. Barclays PLC now owns 7,500 shares of the company's stock valued at $46,000 after purchasing an additional 5,421 shares in the last quarter. JPMorgan Chase & Co. lifted its position in United Homes Group by 189.0% during the third quarter. JPMorgan Chase & Co. now owns 8,998 shares of the company's stock valued at $55,000 after buying an additional 5,884 shares during the period. Wolverine Asset Management LLC boosted its holdings in shares of United Homes Group by 157.9% during the 4th quarter. Wolverine Asset Management LLC now owns 10,265 shares of the company's stock valued at $43,000 after buying an additional 6,285 shares in the last quarter. Stoneridge Investment Partners LLC grew its position in shares of United Homes Group by 16.8% in the 4th quarter. Stoneridge Investment Partners LLC now owns 56,776 shares of the company's stock worth $240,000 after buying an additional 8,187 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of United Homes Group in the 3rd quarter worth about $97,000. 88.85% of the stock is owned by hedge funds and other institutional investors.
United Homes Group Stock Up 6.4 %
NASDAQ UHG traded up $0.19 during trading hours on Wednesday, reaching $3.14. 68,709 shares of the company's stock traded hands, compared to its average volume of 43,696. United Homes Group, Inc. has a 52-week low of $2.80 and a 52-week high of $7.80. The company has a debt-to-equity ratio of 7.16, a current ratio of 6.62 and a quick ratio of 1.58. The firm has a 50-day simple moving average of $3.93 and a 200 day simple moving average of $4.87. The firm has a market cap of $184.01 million, a PE ratio of -5.32 and a beta of 0.81.
United Homes Group (NASDAQ:UHG - Get Free Report) last released its earnings results on Wednesday, March 12th. The company reported $0.16 EPS for the quarter. The firm had revenue of $134.81 million for the quarter. United Homes Group had a positive return on equity of 1,250.34% and a negative net margin of 4.58%.
United Homes Group Company Profile
(
Free Report)
United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.
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