Chicago Capital Management LLC acquired a new stake in UCP Inc (NYSE:UCP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,321 shares of the construction company’s stock, valued at approximately $332,000. Chicago Capital Management LLC owned approximately 0.38% of UCP at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its stake in shares of UCP by 148.4% in the first quarter. Dimensional Fund Advisors LP now owns 438,809 shares of the construction company’s stock valued at $4,454,000 after buying an additional 262,161 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of UCP by 347.4% in the fourth quarter. Renaissance Technologies LLC now owns 194,600 shares of the construction company’s stock valued at $2,345,000 after buying an additional 151,100 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of UCP during the second quarter valued at about $479,000. Wellington Management Group LLP increased its stake in shares of UCP by 4.3% in the first quarter. Wellington Management Group LLP now owns 576,270 shares of the construction company’s stock valued at $5,849,000 after buying an additional 24,002 shares during the last quarter. Finally, Teachers Advisors LLC increased its stake in shares of UCP by 96.7% in the fourth quarter. Teachers Advisors LLC now owns 17,033 shares of the construction company’s stock valued at $205,000 after buying an additional 8,372 shares during the last quarter. 75.87% of the stock is owned by institutional investors and hedge funds.
Shares of UCP Inc (UCP) remained flat at $11.25 during mid-day trading on Monday. The stock had a trading volume of 47,957 shares. The company has a 50-day moving average of $11.16 and a 200-day moving average of $11.11. UCP Inc has a 12 month low of $7.65 and a 12 month high of $12.75. The firm has a market capitalization of $89.53 million, a PE ratio of 8.80 and a beta of 1.37.
UCP (NYSE:UCP) last issued its quarterly earnings data on Thursday, May 4th. The construction company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. UCP had a net margin of 3.66% and a return on equity of 4.53%. The firm had revenue of $94.50 million for the quarter, compared to analyst estimates of $94.60 million. During the same period in the prior year, the business posted $0.01 EPS. The business’s revenue for the quarter was up 38.6% compared to the same quarter last year. On average, equities research analysts expect that UCP Inc will post $0.65 EPS for the current year.
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UCP Company Profile
UCP, Inc is a homebuilder and land developer with a focus on residential land acquisition, development and entitlement, as well as home design, construction and sales. The Company operates in two segments: homebuilding and land development. The homebuilding and land segments include two geographic regions: West and Southeast.
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