*Heartland Advisors INC Maintains Stake in Lgi Homes INC (LGIH)

April 16, 2018 - By Sheila Anderson

LGI Homes, Inc. (NASDAQ:LGIH) Corporate LogoDuring Q4 2017 the big money sentiment increased to 1.14. That’s change of 0.05, from 2017Q3’s 1.09. 15 investors sold all, 62 reduced holdings as LGIH ratio improved. 45 grew positions while 43 funds took positions. Funds hold 18.17 million shares thus 6.23% less from 2017Q3’s 19.37 million shares. State Of Tennessee Treasury Department holds 13,386 shs. Tci Wealth reported 18 shs stake. Raymond James Finance Services Advisors holds 8,014 shs or 0% of its capital. 2.57M are owned by Blackrock. C M Bidwell Associate holds 0.03% or 405 shs. Commonwealth Bank Of Aus holds 1,133 shs. 6,696 are owned by Aperio Grp Ltd Com. Us Bancorporation De invested in 5,956 shs or 0% of the stock. Metropolitan Life Insur Com Ny stated it has 0.01% in LGI Homes, Inc. (NASDAQ:LGIH). State Street owns 610,001 shs. State Board Of Administration Of Florida Retirement System accumulated 3,982 shs or 0% of the stock. Telemus Capital Limited Liability Co invested 0.12% of its capital in LGI Homes, Inc. (NASDAQ:LGIH). Arizona-based Arizona State Retirement has invested 0.02% in LGI Homes, Inc. (NASDAQ:LGIH). Wasatch Advsrs stated it has 433,799 shs. Rhumbline Advisers has invested 0.01% in LGI Homes, Inc. (NASDAQ:LGIH).

LGIH registered $9.26 million net activity with 1 buy and 8 selling transactions since October 18, 2017. $78,901 worth of LGI Homes, Inc. (NASDAQ:LGIH) was bought by Edone Ryan. On Thursday, March 15 16,967 shs were sold by Merdian Charles Michael, worth $1.08 million. $264,402 worth of LGI Homes, Inc. (NASDAQ:LGIH) was sold by Britton Margaret Mary. Lipar Eric Thomas sold 25,000 shs worth $1.80M. Snider Michael Larry also sold $1.33 million worth of LGI Homes, Inc. (NASDAQ:LGIH) on Thursday, March 15. 1,541 LGI Homes, Inc. (NASDAQ:LGIH) shs with value of $98,321 were sold by Eaton Rachel Lyons.

The stake In Lgi Homes Inc (LGIH) was decreased owned by Heartland Advisors Inc. According to 2017Q4 Securities and Exchange form the reduction is 28.58%. By selling 120,050 shares Heartland Advisors Inc made the stock sank with 3.40%. At the end of 2017Q4, the institutional investor held 300,000 shares of the capital goods company, valued at $22.51 million, down from 420,050 at the end of the previous reported quarter. $1.58B is the market cap of Lgi Homes Inc. LGIH reached $70.65 on during the last trading session after $0.78 change.LGI Homes, Inc. has volume of 155,744 shares. Since April 16, 2017 LGIH has risen 115.57% and is uptrending. LGIH outperformed by 104.02% the S&P 500.

Heartland Advisors Inc manages about $6.06 billion and $1.55B US Long portfolio. According to a filing the fund increased its stake in Harsco Corp (NYSE:HSC) by 234,350 shares to 443,720 shares, valued at $8.28M in 2017Q4. For a total of 191,323 shares it increased its holding in Lamar Advertising Company New (NASDAQ:LAMR) by 156,573 shares in the quarter, and has risen its stake in Patterson Uti Energy Inc (NASDAQ:PTEN).

Analysts await LGI Homes, Inc. (NASDAQ:LGIH) to report earnings on May, 8. They expect $0.70 EPS, up 34.62 % or $0.18 from last year’s $0.52 per share. LGIH’s profit will be $15.63M for 25.23 P/E if the $0.70 EPS becomes a reality. After $1.43 actual EPS reported by LGI Homes, Inc. for the previous quarter, Wall Street now forecasts -51.05 % negative EPS growth.

LGI Homes, Inc. (NASDAQ:LGIH) Ratings Coverage

Total analysts of 2 have positions in LGI Homes (NASDAQ:LGIH) as follows: 1 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 50%. Since November 8, 2017 according to StockzIntelligence Inc LGI Homes has 4 analyst reports. On Wednesday, November 8 the rating was maintained by Wedbush with “Hold”. On Wednesday, November 8 the rating was maintained by JMP Securities with “Market Outperform”. On Tuesday, April 10 the rating was downgraded by Wedbush to “Hold”. On Tuesday, February 13 the rating was upgraded by Wedbush to “Outperform”.

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

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