Keeley Teton Advisors LLC Has $534,000 Stock Position in Landsea Homes Co. (NASDAQ:LSEA)

Keeley Teton Advisors LLC boosted its holdings in Landsea Homes Co. (NASDAQ:LSEA) by 95.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 62,915 shares of the company’s stock after purchasing an additional 30,654 shares during the quarter. Keeley Teton Advisors LLC’s holdings in Landsea Homes were worth $534,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in LSEA. Wells Fargo & Company MN grew its stake in shares of Landsea Homes by 17.9% in the 4th quarter. Wells Fargo & Company MN now owns 12,306 shares of the company’s stock valued at $104,000 after buying an additional 1,870 shares during the period. SG Americas Securities LLC grew its stake in Landsea Homes by 30.5% in the fourth quarter. SG Americas Securities LLC now owns 13,175 shares of the company’s stock valued at $112,000 after acquiring an additional 3,080 shares during the period. Summit Securities Group LLC bought a new stake in shares of Landsea Homes during the fourth quarter valued at approximately $38,000. State Street Corp raised its position in shares of Landsea Homes by 1.4% during the third quarter. State Street Corp now owns 327,961 shares of the company’s stock worth $4,050,000 after purchasing an additional 4,433 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Landsea Homes by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 439,087 shares of the company’s stock worth $3,729,000 after purchasing an additional 7,773 shares during the period. 82.99% of the stock is owned by institutional investors and hedge funds.

Landsea Homes Trading Down 2.2 %

Shares of Landsea Homes stock opened at $5.77 on Thursday. The company has a market capitalization of $209.62 million, a P/E ratio of 8.01, a price-to-earnings-growth ratio of 0.45 and a beta of 1.46. The stock has a fifty day simple moving average of $7.05 and a 200 day simple moving average of $8.99. Landsea Homes Co. has a 12-month low of $5.41 and a 12-month high of $14.04. The company has a current ratio of 2.81, a quick ratio of 2.81 and a debt-to-equity ratio of 0.78.

Wall Street Analyst Weigh In

A number of analysts have commented on LSEA shares. Barclays decreased their price target on shares of Landsea Homes from $7.00 to $6.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 8th. Wedbush reiterated an “outperform” rating and set a $15.00 price objective on shares of Landsea Homes in a report on Wednesday, March 5th.

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.