Legacy Housing Co. (NASDAQ:LEGH) Shares Acquired by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC lifted its position in shares of Legacy Housing Co. (NASDAQ:LEGH - Free Report) by 56.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 81,970 shares of the company's stock after buying an additional 29,460 shares during the quarter. Brandywine Global Investment Management LLC owned approximately 0.34% of Legacy Housing worth $2,023,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Meixler Investment Management Ltd. grew its holdings in Legacy Housing by 0.5% during the 4th 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 during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Legacy Housing by 11.1% in the third quarter. JPMorgan Chase & Co. now owns 5,423 shares of the company's stock valued at $148,000 after acquiring an additional 543 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Legacy Housing by 17.8% during the third quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company's stock valued at $153,000 after acquiring an additional 848 shares during the last quarter. Exchange Traded Concepts LLC increased its position in Legacy Housing by 9.6% during 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 in the last quarter. Finally, ABS Direct Equity Fund LLC raised its stake in Legacy Housing by 3.3% in the 3rd quarter. ABS Direct Equity Fund LLC now owns 50,000 shares of the company's stock valued at $1,368,000 after purchasing an additional 1,574 shares during the last quarter. 89.35% of the stock is currently owned by hedge funds and other institutional investors.

Legacy Housing Trading Down 4.2 %

Shares of Legacy Housing stock traded down $1.01 during mid-day trading on Monday, hitting $23.22. 66,675 shares of the stock were exchanged, compared to its average volume of 69,378. The stock has a market capitalization of $560.28 million, a price-to-earnings ratio of 10.70 and a beta of 0.91. Legacy Housing Co. has a twelve month low of $19.42 and a twelve month high of $29.31. The company has a 50-day simple moving average of $25.74 and a 200 day simple moving average of $25.67.

Legacy Housing (NASDAQ:LEGH - Get Free Report) last announced 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 net margin of 33.11% and a return on equity of 11.85%. The firm had revenue of $54.19 million for the quarter, compared to analyst estimates of $44.59 million.

Legacy Housing Profile

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.