Corebridge Financial Inc. Sells 421 Shares of Legacy Housing Co. (NASDAQ:LEGH)

Corebridge Financial Inc. trimmed its position in Legacy Housing Co. (NASDAQ:LEGH) by 7.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,574 shares of the company’s stock after selling 421 shares during the period. Corebridge Financial Inc.’s holdings in Legacy Housing were worth $138,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in LEGH. KLP Kapitalforvaltning AS bought a new position in shares of Legacy Housing in the 4th quarter worth about $49,000. JPMorgan Chase & Co. lifted its holdings in shares of Legacy Housing by 11.1% during the third quarter. JPMorgan Chase & Co. now owns 5,423 shares of the company’s stock valued at $148,000 after purchasing an additional 543 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Legacy Housing by 17.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company’s stock worth $153,000 after buying an additional 848 shares during the last quarter. Exchange Traded Concepts LLC increased its position in Legacy Housing by 9.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 11,706 shares of the company’s stock valued at $289,000 after buying an additional 1,030 shares in the last quarter. Finally, Barclays PLC raised its stake in Legacy Housing by 294.1% during the third quarter. Barclays PLC now owns 17,338 shares of the company’s stock valued at $474,000 after buying an additional 12,939 shares during the last quarter. Institutional investors own 89.35% of the company’s stock.

Legacy Housing Trading Up 0.5 %

NASDAQ LEGH opened at $23.98 on Tuesday. Legacy Housing Co. has a 12 month low of $19.42 and a 12 month high of $29.31. The stock’s fifty day moving average price is $25.46 and its 200-day moving average price is $25.49. The stock has a market cap of $578.61 million, a P/E ratio of 11.05 and a beta of 0.91.

Legacy Housing (NASDAQ:LEGH) last issued 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 net margin of 33.11% and a return on equity of 11.85%. The business had revenue of $54.19 million during the quarter, compared to analysts’ expectations of $44.59 million.

Legacy Housing Profile

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.