Vanguard Group Inc. Has $15.38 Million Position in Legacy Housing Co. (NASDAQ:LEGH)

Vanguard Group Inc. boosted its holdings in shares of Legacy Housing Co. (NASDAQ:LEGH) by 14.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 623,287 shares of the company’s stock after acquiring an additional 80,982 shares during the quarter. Vanguard Group Inc.’s holdings in Legacy Housing were worth $15,383,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LEGH. Geode Capital Management LLC grew its stake in Legacy Housing by 17.8% during the third quarter. Geode Capital Management LLC now owns 269,325 shares of the company’s stock worth $7,367,000 after purchasing an additional 40,729 shares during the period. Barclays PLC raised its stake in shares of Legacy Housing by 294.1% in the third quarter. Barclays PLC now owns 17,338 shares of the company’s stock worth $474,000 after purchasing an additional 12,939 shares during the last quarter. State Street Corp boosted its holdings in Legacy Housing by 5.9% during the 3rd quarter. State Street Corp now owns 207,972 shares of the company’s stock worth $5,688,000 after acquiring an additional 11,599 shares during the last quarter. Boston Partners increased its stake in Legacy Housing by 37.9% in the 4th quarter. Boston Partners now owns 18,049 shares of the company’s stock valued at $445,000 after buying an additional 4,964 shares during the last quarter. Finally, Bard Associates Inc. grew its stake in Legacy Housing by 1.1% in the 4th quarter. Bard Associates Inc. now owns 199,548 shares of the company’s stock valued at $4,925,000 after purchasing an additional 2,134 shares during the period. 89.35% of the stock is owned by institutional investors and hedge funds.

Legacy Housing Stock Up 0.5 %

LEGH opened at $24.21 on Friday. The company’s 50-day moving average price is $25.30 and its two-hundred day moving average price is $25.45. Legacy Housing Co. has a twelve month low of $19.42 and a twelve month high of $29.31. The stock has a market cap of $584.16 million, a price-to-earnings ratio of 11.16 and a beta of 0.91.

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

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.