Tower Research Capital LLC TRC Has $63,000 Holdings in Landsea Homes Co. (NASDAQ:LSEA)

Tower Research Capital LLC TRC increased its stake in Landsea Homes Co. (NASDAQ:LSEA) by 100.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 7,439 shares of the company’s stock after purchasing an additional 3,721 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Landsea Homes were worth $63,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LSEA. Voss Capital LP raised its holdings in shares of Landsea Homes by 72.6% in the 4th quarter. Voss Capital LP now owns 1,320,153 shares of the company’s stock valued at $11,208,000 after purchasing an additional 555,153 shares during the period. Dimensional Fund Advisors LP grew its position in Landsea Homes by 13.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,271,249 shares of the company’s stock worth $10,793,000 after buying an additional 151,520 shares in the last quarter. Keeley Teton Advisors LLC lifted its stake in Landsea Homes by 95.0% during the fourth quarter. Keeley Teton Advisors LLC now owns 62,915 shares of the company’s stock worth $534,000 after purchasing an additional 30,654 shares during the last quarter. Barclays PLC lifted its stake in Landsea Homes by 12.9% during the fourth quarter. Barclays PLC now owns 236,339 shares of the company’s stock worth $2,007,000 after purchasing an additional 27,049 shares during the last quarter. Finally, Phoenix Financial Ltd. bought a new stake in Landsea Homes during the fourth quarter worth $168,000. 82.99% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LSEA has been the topic of several recent research reports. Wedbush reissued an “outperform” rating and set 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 for the company in a research report on Tuesday, April 8th.

Landsea Homes Trading Up 6.7%

Shares of LSEA stock opened at $6.51 on Monday. The company’s fifty day simple moving average is $6.42 and its two-hundred day simple moving average is $8.28. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.81 and a quick ratio of 2.81. Landsea Homes Co. has a 1 year low of $5.41 and a 1 year high of $14.04. The stock has a market capitalization of $237.03 million, a price-to-earnings ratio of 9.04, a PEG ratio of 0.45 and a beta of 1.60.

Landsea Homes Company Profile

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.