EntryPoint Capital LLC Makes New $208,000 Investment in Landsea Homes Co. (NASDAQ:LSEA)

EntryPoint Capital LLC bought a new stake in Landsea Homes Co. (NASDAQ:LSEA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 24,484 shares of the company’s stock, valued at approximately $208,000. EntryPoint Capital LLC owned approximately 0.07% of Landsea Homes at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barclays PLC lifted its holdings in Landsea Homes by 87.0% in the 3rd quarter. Barclays PLC now owns 209,290 shares of the company’s stock valued at $2,585,000 after purchasing an additional 97,391 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Landsea Homes by 20.8% in the third quarter. Wellington Management Group LLP now owns 694,900 shares of the company’s stock valued at $8,582,000 after buying an additional 119,500 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in shares of Landsea Homes by 36.6% in the fourth quarter. Sanctuary Advisors LLC now owns 54,012 shares of the company’s stock worth $473,000 after buying an additional 14,464 shares in the last quarter. Mill Road Capital Management LLC boosted its position in Landsea Homes by 18.2% during the third quarter. Mill Road Capital Management LLC now owns 912,857 shares of the company’s stock worth $11,274,000 after acquiring an additional 140,786 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted 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 worth $794,000 after acquiring an additional 43,909 shares during the last quarter. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Landsea Homes Price Performance

NASDAQ:LSEA opened at $6.38 on Friday. Landsea Homes Co. has a 52 week low of $6.37 and a 52 week high of $14.72. The stock’s fifty day moving average is $7.73 and its two-hundred day moving average is $9.65. The company has a market capitalization of $231.79 million, a P/E ratio of 8.86, a P/E/G ratio of 0.45 and a beta of 1.28. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.78.

Analysts Set New Price Targets

A number of research analysts have weighed in on LSEA shares. Wedbush reissued an “outperform” rating and issued a $15.00 target price on shares of Landsea Homes in a research note on Wednesday, March 5th. Barclays reduced their price objective on Landsea Homes from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Monday, March 3rd.

Landsea Homes 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.