Kazazian Asset Management LLC cut its holdings in shares of UCP Inc (NYSE:UCP) by 18.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,291 shares of the construction company’s stock after selling 7,064 shares during the period. Kazazian Asset Management LLC’s holdings in UCP were worth $343,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in UCP. Dimensional Fund Advisors LP boosted its holdings in UCP by 1.3% during the second quarter. Dimensional Fund Advisors LP now owns 444,688 shares of the construction company’s stock worth $4,869,000 after buying an additional 5,879 shares in the last quarter. Parametric Portfolio Associates LLC grew its position in UCP by 4.3% in the second quarter. Parametric Portfolio Associates LLC now owns 12,874 shares of the construction company’s stock worth $141,000 after buying an additional 527 shares during the last quarter. Vanguard Group Inc. grew its position in UCP by 4.4% in the second quarter. Vanguard Group Inc. now owns 385,515 shares of the construction company’s stock worth $4,222,000 after buying an additional 16,296 shares during the last quarter. Northern Trust Corp grew its position in UCP by 2.7% in the second quarter. Northern Trust Corp now owns 78,740 shares of the construction company’s stock worth $862,000 after buying an additional 2,090 shares during the last quarter. Finally, Citigroup Inc. grew its position in UCP by 26.5% in the second quarter. Citigroup Inc. now owns 13,541 shares of the construction company’s stock worth $148,000 after buying an additional 2,834 shares during the last quarter. 76.77% of the stock is owned by institutional investors and hedge funds.

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UCP Inc (UCP) traded up 1.24% on Wednesday, hitting $11.44. The company’s stock had a trading volume of 64,680 shares. The company has a 50 day moving average price of $11.26 and a 200-day moving average price of $11.00. UCP Inc has a 1-year low of $7.96 and a 1-year high of $12.75.

UCP 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.

Institutional Ownership by Quarter for UCP (NYSE:UCP)

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