Voss Capital LP Boosts Stock Position in Landsea Homes Co. (NASDAQ:LSEA)

Voss Capital LP lifted its position in Landsea Homes Co. (NASDAQ:LSEA) by 72.6% in the 4th quarter, HoldingsChannel reports. The firm owned 1,320,153 shares of the company’s stock after purchasing an additional 555,153 shares during the quarter. Landsea Homes makes up about 0.8% of Voss Capital LP’s portfolio, making the stock its 25th largest position. Voss Capital LP’s holdings in Landsea Homes were worth $11,208,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC raised its position in Landsea Homes by 87.0% during 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 shares of Landsea Homes by 36.6% during the fourth quarter. Sanctuary Advisors LLC now owns 54,012 shares of the company’s stock worth $473,000 after purchasing an additional 14,464 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in Landsea Homes by 88.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 93,526 shares of the company’s stock valued at $794,000 after purchasing an additional 43,909 shares during the period. Geode Capital Management LLC boosted its holdings in Landsea Homes by 13.1% in the third quarter. Geode Capital Management LLC now owns 431,314 shares of the company’s stock valued at $5,328,000 after purchasing an additional 49,830 shares during the last quarter. Finally, Jane Street Group LLC grew its position in Landsea Homes by 40.0% during the 3rd quarter. Jane Street Group LLC now owns 57,393 shares of the company’s stock worth $709,000 after purchasing an additional 16,408 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

Wall Street Analysts Forecast Growth

LSEA has been the subject of several analyst reports. Wedbush reissued an “outperform” rating and issued a $15.00 price objective on shares of Landsea Homes in a report on Wednesday, March 5th. Barclays lowered their price objective on Landsea Homes from $7.00 to $6.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th.

Landsea Homes Trading Up 2.8 %

Shares of Landsea Homes stock opened at $5.93 on Monday. Landsea Homes Co. has a fifty-two week low of $5.41 and a fifty-two week 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 company has a market cap of $215.44 million, a P/E ratio of 8.24, a price-to-earnings-growth ratio of 0.45 and a beta of 1.46. The firm has a 50-day simple moving average of $6.96 and a two-hundred day simple moving average of $8.86.

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.