Voss Capital LP Purchases 555,153 Shares of Landsea Homes Co. (NASDAQ:LSEA)

Voss Capital LP increased its holdings in Landsea Homes Co. (NASDAQ:LSEA - Free Report) by 72.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,320,153 shares of the company's stock after purchasing an additional 555,153 shares during the quarter. Landsea Homes makes up approximately 0.8% of Voss Capital LP's holdings, making the stock its 25th largest holding. Voss Capital LP owned about 3.64% of Landsea Homes worth $11,208,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of LSEA. Barclays PLC grew its position in shares of Landsea Homes by 87.0% in the 3rd quarter. Barclays PLC now owns 209,290 shares of the company's stock worth $2,585,000 after buying an additional 97,391 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in Landsea Homes by 36.6% in the 4th quarter. Sanctuary Advisors LLC now owns 54,012 shares of the company's stock worth $473,000 after purchasing an additional 14,464 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Landsea Homes by 88.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 93,526 shares of the company's stock worth $794,000 after purchasing an additional 43,909 shares during the period. Geode Capital Management LLC lifted its position in shares of Landsea Homes by 13.1% in the 3rd quarter. Geode Capital Management LLC now owns 431,314 shares of the company's stock worth $5,328,000 after purchasing an additional 49,830 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of Landsea Homes by 40.0% during the 3rd quarter. Jane Street Group LLC now owns 57,393 shares of the company's stock valued at $709,000 after purchasing an additional 16,408 shares in the last quarter. Hedge funds and other institutional investors own 82.99% of the company's stock.

Landsea Homes Stock Up 2.6 %

NASDAQ:LSEA traded up $0.16 during mid-day trading on Thursday, hitting $6.20. 150,434 shares of the company's stock were exchanged, compared to its average volume of 261,690. The business has a fifty day moving average price of $6.78 and a 200 day moving average price of $8.75. Landsea Homes Co. has a one year low of $5.41 and a one year high of $14.04. The company has a market cap of $225.25 million, a PE ratio of 8.61, a P/E/G ratio of 0.45 and a beta of 1.46. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.81 and a quick ratio of 2.81.

Analyst Ratings Changes

LSEA has been the subject of several research analyst reports. 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 report on Tuesday, April 8th. Wedbush restated an "outperform" rating and issued a $15.00 target price on shares of Landsea Homes in a research note on Wednesday, March 5th.

About Landsea Homes

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.