Boston Partners Raises Stock Holdings in United Homes Group, Inc. (NASDAQ:UHG)

Boston Partners lifted its holdings in shares of United Homes Group, Inc. (NASDAQ:UHG) by 127.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 600,217 shares of the company’s stock after acquiring an additional 336,460 shares during the period. Boston Partners owned 1.24% of United Homes Group worth $2,539,000 at the end of the most recent reporting period.

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

United Homes Group Trading Down 5.3 %

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 stock’s 50 day simple moving average is $3.97 and its 200-day simple moving average is $4.93. United Homes Group, Inc. has a 12-month low of $3.14 and a 12-month high of $7.80. The firm has a market cap of $164.11 million, a P/E ratio of -5.75 and a beta of 0.81.

United Homes Group (NASDAQ:UHG) last announced its quarterly earnings data on Wednesday, March 12th. The company reported $0.16 EPS 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 company had revenue of $134.81 million during the quarter.

About United Homes Group

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.