Fidelity National Financial Inc. Buys New Stake in United Homes Group, Inc. (NASDAQ:UHG)

Fidelity National Financial Inc. purchased a new position in United Homes Group, Inc. (NASDAQ:UHG - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,800,000 shares of the company's stock, valued at approximately $11,844,000. United Homes Group accounts for about 0.2% of Fidelity National Financial Inc.'s portfolio, making the stock its 14th largest holding. Fidelity National Financial Inc. owned approximately 5.78% of United Homes Group as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Wolverine Asset Management LLC lifted its stake in United Homes Group by 157.9% in 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. Barclays PLC lifted its position in shares of United Homes Group by 260.8% in the third quarter. Barclays PLC now owns 7,500 shares of the company's stock valued at $46,000 after acquiring an additional 5,421 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of 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 acquiring an additional 5,884 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in United Homes Group during the 3rd quarter worth about $97,000. Finally, Rhumbline Advisers raised its stake in United Homes Group by 432.0% in the 4th quarter. Rhumbline Advisers now owns 26,596 shares of the company's stock valued at $112,000 after purchasing an additional 21,597 shares during the last quarter. 88.85% of the stock is owned by hedge funds and other institutional investors.

United Homes Group Trading Up 2.4 %

Shares of United Homes Group stock traded up $0.05 during mid-day trading on Thursday, hitting $2.12. 21,768 shares of the stock were exchanged, compared to its average volume of 48,867. The stock has a market capitalization of $124.24 million, a price-to-earnings ratio of -3.59 and a beta of 0.93. United Homes Group, Inc. has a twelve month low of $1.96 and a twelve month high of $7.80. The company has a current ratio of 6.62, a quick ratio of 1.58 and a debt-to-equity ratio of 7.16. The company has a 50-day simple moving average of $3.12 and a 200 day simple moving average of $4.39.

United Homes Group (NASDAQ:UHG - Get Free Report) last announced its earnings results on Wednesday, March 12th. The company reported $0.16 earnings per share (EPS) for the quarter. United Homes Group had a negative net margin of 4.58% and a positive return on equity of 1,250.34%. The firm had revenue of $134.81 million for the quarter.

United Homes Group Profile

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.