Russell Investments Group Ltd. grew its position in shares of Landsea Homes Co. (NASDAQ:LSEA - Free Report) by 170.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 317,796 shares of the company's stock after purchasing an additional 200,175 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.88% of Landsea Homes worth $2,698,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of LSEA. Summit Securities Group LLC bought a new stake in shares of Landsea Homes in the 4th quarter valued at about $38,000. Wells Fargo & Company MN grew its holdings in shares of Landsea Homes by 17.9% in the fourth quarter. Wells Fargo & Company MN now owns 12,306 shares of the company's stock worth $104,000 after purchasing an additional 1,870 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Landsea Homes by 30.5% in the fourth quarter. SG Americas Securities LLC now owns 13,175 shares of the company's stock worth $112,000 after buying an additional 3,080 shares during the period. Virtu Financial LLC bought a new stake in Landsea Homes during the 3rd quarter valued at $167,000. Finally, EntryPoint Capital LLC purchased a new stake in Landsea Homes during the 4th quarter valued at $208,000. Institutional investors own 82.99% of the company's stock.
Landsea Homes Price Performance
LSEA remained flat at $5.93 on Monday. 183,835 shares of the company's stock traded hands, compared to its average volume of 260,774. The business has a 50-day simple moving average of $6.96 and a two-hundred day simple moving average of $8.86. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.81 and a quick ratio of 2.81. The firm has a market cap of $215.44 million, a price-to-earnings ratio of 8.24, a P/E/G ratio of 0.45 and a beta of 1.46. Landsea Homes Co. has a twelve month low of $5.41 and a twelve month high of $14.04.
Analyst Ratings Changes
Several equities analysts have recently commented on LSEA shares. Barclays lowered their price objective on shares of Landsea Homes from $7.00 to $6.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Wedbush reissued an "outperform" rating and set a $15.00 target price on shares of Landsea Homes in a research note on Wednesday, March 5th.
Read Our Latest Report on Landsea Homes
About Landsea Homes
(
Free Report)
Landsea Homes Corporation engages in the design, construction, marketing, and sale of suburban and urban single-family detached and attached homes in the United States. The company develops homes and communities; builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities.
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