Gratia Capital LLC Has Trimmed Its Holding in Lgi Homes INC (LGIH) by $27.46 Million

May 17, 2018 - By Harriett Tippett

LGI Homes, Inc. (NASDAQ:LGIH) LogoInvestors sentiment increased to 1.14 in Q4 2017. Its up 0.05, from 1.09 in 2017Q3. It improved, as 15 investors sold LGIH shares while 62 reduced holdings. 43 funds opened positions while 45 raised stakes. 18.17 million shares or 6.23% less from 19.37 million shares in 2017Q3 were reported. Price T Rowe Assocs Inc Md holds 0% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH) for 4,846 shares. Teachers Retirement System Of The State Of Kentucky has 5,900 shares for 0.01% of their portfolio. Texas Permanent School Fund invested 0.01% in LGI Homes, Inc. (NASDAQ:LGIH). Northern Trust Corporation holds 212,083 shares. Campbell & Adviser Lc reported 0.33% stake. State Of Tennessee Treasury Department owns 13,386 shares. 46,489 were accumulated by Fincl Bank Of America De. Lpl Limited Liability holds 4,790 shares. Grandeur Peak Advsrs Limited Company, Us-based fund reported 102,326 shares. Howe & Rusling has 0.03% invested in LGI Homes, Inc. (NASDAQ:LGIH). Zurcher Kantonalbank (Zurich Cantonalbank) has 1,236 shares. Bank & Trust Of New York Mellon accumulated 266,331 shares or 0.01% of the stock. Pub Sector Pension Board has 10,733 shares. Gratia Limited Liability holds 3.8% or 202,402 shares in its portfolio. Rhumbline Advisers holds 40,119 shares.

Since January 16, 2018, it had 1 insider buy, and 8 selling transactions for $9.26 million activity. $369,487 worth of LGI Homes, Inc. (NASDAQ:LGIH) was sold by Lipar Jack Anthony. On Friday, April 6 Lipar Eric Thomas sold $1.83 million worth of LGI Homes, Inc. (NASDAQ:LGIH) or 25,000 shares. Britton Margaret Mary also sold $264,402 worth of LGI Homes, Inc. (NASDAQ:LGIH) shares. 1,400 shares valued at $78,901 were bought by Edone Ryan on Friday, March 2. On Thursday, March 15 the insider Snider Michael Larry sold $1.33 million. Eaton Rachel Lyons had sold 1,541 shares worth $98,321.

Steve Pei decreased its stake in Lgi Homes Inc (LGIH) by 64.4% based on its latest 2017Q4 regulatory filing with the SEC. Gratia Capital Llc sold 366,159 shares as the company’s stock declined 3.40% with the market. The hedge fund run by Steve Pei held 202,402 shares of the capital goods company at the end of 2017Q4, valued at $15.19M, down from 568,561 at the end of the previous reported quarter. Gratia Capital Llc who had been investing in Lgi Homes Inc for a number of months, seems to be less bullish one the $1.34 billion market cap company. The stock decreased 1.33% or $0.7963 during the last trading session, reaching $59.2037. About 360,357 shares traded. LGI Homes, Inc. (NASDAQ:LGIH) has risen 115.57% since May 17, 2017 and is uptrending. It has outperformed by 104.02% the S&P500.

Gratia Capital Llc, which manages about $521.00 million and $399.23M US Long portfolio, upped its stake in Nexstar Media Group Inc (NASDAQ:NXST) by 126,589 shares to 257,589 shares, valued at $20.14 million in 2017Q4, according to the filing. It also increased its holding in Insight Enterprises Inc (NASDAQ:NSIT) by 328,207 shares in the quarter, for a total of 361,300 shares, and has risen its stake in Gms Inc.

Analysts await LGI Homes, Inc. (NASDAQ:LGIH) to report earnings on August, 14. They expect $1.66 earnings per share, up 19.42 % or $0.27 from last year’s $1.39 per share. LGIH’s profit will be $37.54 million for 8.92 P/E if the $1.66 EPS becomes a reality. After $1.10 actual earnings per share reported by LGI Homes, Inc. for the previous quarter, Wall Street now forecasts 50.91 % EPS growth.

More recent LGI Homes, Inc. (NASDAQ:LGIH) news were published by: Globenewswire.com which released: “LGI Homes to Host 2018 First Quarter Earnings Conference Call” on April 18, 2018. Also Globenewswire.com published the news titled: “LGI Homes, Inc. Reports First Quarter 2018 Results” on May 08, 2018. Seekingalpha.com‘s news article titled: “LGI Homes’ (LGIH) CEO Eric Lipar on Q1 2018 Results – Earnings Call Transcript” with publication date: May 08, 2018 was also an interesting one.

LGI Homes, Inc. (NASDAQ:LGIH) Institutional Positions Chart

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