PDT Partners LLC Acquires Shares of 15,415 Legacy Housing Co. (NASDAQ:LEGH)

PDT Partners LLC bought a new stake in Legacy Housing Co. (NASDAQ:LEGH) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,415 shares of the company’s stock, valued at approximately $380,000. PDT Partners LLC owned approximately 0.06% of Legacy Housing as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Aquatic Capital Management LLC acquired a new position in Legacy Housing during the 4th quarter worth $33,000. KLP Kapitalforvaltning AS acquired a new position in Legacy Housing during the 4th quarter valued at about $49,000. JPMorgan Chase & Co. grew its position in shares of Legacy Housing by 11.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,423 shares of the company’s stock worth $148,000 after buying an additional 543 shares during the period. Wells Fargo & Company MN raised its stake in shares of Legacy Housing by 22.2% during the fourth quarter. Wells Fargo & Company MN now owns 6,581 shares of the company’s stock worth $162,000 after buying an additional 1,195 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its stake in Legacy Housing by 18.5% in the fourth quarter. MetLife Investment Management LLC now owns 6,924 shares of the company’s stock valued at $171,000 after acquiring an additional 1,081 shares during the last quarter. Institutional investors and hedge funds own 89.35% of the company’s stock.

Legacy Housing Stock Down 0.1 %

LEGH stock opened at $24.30 on Friday. Legacy Housing Co. has a twelve month low of $20.52 and a twelve month high of $29.31. The company has a market cap of $586.33 million, a P/E ratio of 11.20 and a beta of 0.91. The business’s fifty day moving average is $24.75 and its 200-day moving average is $25.31.

Legacy Housing (NASDAQ:LEGH) last posted its earnings results on Wednesday, March 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.07. Legacy Housing had a return on equity of 11.85% and a net margin of 33.11%. The company had revenue of $54.19 million during the quarter, compared to analyst estimates of $44.59 million.

About Legacy Housing

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers.