1 week Ago By Defense World Staff
Prudential Financial Inc. reduced its position in Landsea Homes Co. (NASDAQ:LSEA – Free Report) by 9.
2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 49,230 shares of the company’s stock after selling 5,000 shares during the quarter. Prudential Financial Inc.
owned about 0.14% of Landsea Homes worth $418,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors also recently modified their holdings of the stock.
Centiva Capital LP bought a new position in shares of Landsea Homes during the third quarter worth about $170,000. Quarry LP bought a new position in shares of Landsea Homes in the third quarter worth $44,000. State Street Corp increased its stake in Landsea Homes by 1.
4% during the 3rd quarter. State Street Corp now owns 327,961 shares of the company’s stock valued at $4,050,000 after buying an additional 4,433 shares during the period. Wellington Management Group LLP raised its holdings in Landsea Homes by 20.
8% during the third quarter. Wellington Management Group LLP now owns 694,900 shares of the company’s stock worth $8,582,000 after purchasing an additional 119,500 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in shares of Landsea Homes by 40.
0% in the 3rd quarter. Jane Street Group LLC now owns 57,393 shares of the company’s stock worth $709,000 after buying an additional 16,408 shares in the last quarter. Institutional investors and hedge funds own 82.
99% of the company’s stock. Landsea Homes Stock Up 6.9 %Shares of LSEA stock opened at $6.
03 on Thursday. The company has a market capitalization of $219.07 million, a price-to-earnings ratio of 8.
38, a PEG 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. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.
81 and a current ratio of 2.81. The stock’s 50 day simple moving average is $7.
27 and its 200 day simple moving average is $9.20. Analysts Set New Price TargetsLSEA has been the topic of several recent research reports.
Wedbush restated an “outperform” rating and issued a $15.00 price target on shares of Landsea Homes in a research report on Wednesday, March 5th. Barclays lowered their price target on shares of Landsea Homes from $7.
00 to $6.00 and set an “equal weight” rating on the stock in a report on Tuesday.Get Our Latest Stock Report on LSEAAbout 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.Recommended StoriesFive stocks we like better than Landsea HomesHow to Short Nasdaq: An Easy-to-Follow GuideQuantum Computing: The $6.5 Billion Opportunity You Can’t IgnoreHow to Start Investing in Real EstateAre Tariffs Threatening Disney’s Comeback Story?Should You Invest in Penny Stocks?Is Alphabet a Generational Buying Opportunity at These Levels?.
