United Homes Group, Inc. (NASDAQ:UHG) Shares Bought by Boston Partners

Boston Partners lifted its position in shares of United Homes Group, Inc. (NASDAQ:UHG) by 127.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 600,217 shares of the company’s stock after acquiring an additional 336,460 shares during the quarter. Boston Partners’ holdings in United Homes Group were worth $2,539,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Stoneridge Investment Partners LLC raised its holdings in United Homes Group by 16.8% during the fourth quarter. Stoneridge Investment Partners LLC now owns 56,776 shares of the company’s stock worth $240,000 after purchasing an additional 8,187 shares during the last quarter. Rhumbline Advisers increased its position in shares of United Homes Group by 432.0% in the fourth quarter. Rhumbline Advisers now owns 26,596 shares of the company’s stock valued at $112,000 after buying an additional 21,597 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of United Homes Group during the 3rd quarter worth $97,000. Wolverine Asset Management LLC boosted its position in shares of United Homes Group by 157.9% in the 4th quarter. Wolverine Asset Management LLC now owns 10,265 shares of the company’s stock worth $43,000 after buying an additional 6,285 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in United Homes Group by 189.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,998 shares of the company’s stock valued at $55,000 after acquiring an additional 5,884 shares during the last quarter. Institutional investors and hedge funds own 88.85% of the company’s stock.

United Homes Group Stock Performance

NASDAQ:UHG opened at $3.39 on Friday. The company has a current ratio of 6.62, a quick ratio of 1.58 and a debt-to-equity ratio of 7.16. The company has a market capitalization of $164.11 million, a P/E ratio of -5.75 and a beta of 0.81. The firm has a 50-day moving average price of $3.97 and a two-hundred day moving average price of $4.93. United Homes Group, Inc. has a twelve month low of $3.14 and a twelve month high of $7.80.

United Homes Group (NASDAQ:UHG) last issued its quarterly earnings data on Wednesday, March 12th. The company reported $0.16 earnings per share for the quarter. United Homes Group had a negative net margin of 4.58% and a positive return on equity of 1,250.34%. The business had revenue of $134.81 million during the quarter.

United Homes Group Company Profile

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.