Anson Funds Management LP Sells 456,078 Shares of United Homes Group, Inc. $UHG

Anson Funds Management LP cut its stake in United Homes Group, Inc. (NASDAQ:UHG) by 30.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,043,922 shares of the company’s stock after selling 456,078 shares during the quarter. Anson Funds Management LP’s holdings in United Homes Group were worth $2,923,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in UHG. Polar Asset Management Partners Inc. bought a new position in United Homes Group in the 4th quarter worth $423,000. Seven Grand Managers LLC bought a new stake in shares of United Homes Group during the 4th quarter valued at $180,000. AQR Capital Management LLC bought a new stake in shares of United Homes Group during the 1st quarter valued at $34,000. Millennium Management LLC boosted its holdings in shares of United Homes Group by 42.3% during the 4th quarter. Millennium Management LLC now owns 37,994 shares of the company’s stock valued at $161,000 after buying an additional 11,289 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of United Homes Group by 34.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 23,396 shares of the company’s stock valued at $66,000 after buying an additional 6,000 shares in the last quarter. 88.85% of the stock is currently owned by institutional investors.

United Homes Group Stock Performance

Shares of UHG stock opened at $4.24 on Thursday. United Homes Group, Inc. has a 12 month low of $1.60 and a 12 month high of $6.93. The stock has a market cap of $249.31 million, a PE ratio of 70.67 and a beta of 1.23. The company has a current ratio of 5.41, a quick ratio of 1.64 and a debt-to-equity ratio of 1.60. The company’s fifty day moving average price is $3.89 and its 200-day moving average price is $3.19.

United Homes Group (NASDAQ:UHG) last announced its earnings results on Thursday, August 7th. The company reported ($0.11) earnings per share for the quarter. United Homes Group had a net margin of 1.16% and a return on equity of 6.91%. The business had revenue of $105.51 million for 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.