Schwab Charles Investment Management Inc. lifted its position in New Home Company Inc. (The) (NYSE:NWHM) by 3.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,549 shares of the construction company’s stock after purchasing an additional 500 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.08% of New Home Company Inc. (The) worth $190,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Bank of Montreal Can bought a new stake in shares of New Home Company Inc. (The) in the second quarter worth about $160,000. Trexquant Investment LP bought a new stake in shares of New Home Company Inc. (The) in the second quarter worth about $249,000. Cigna Investments Inc. New bought a new stake in shares of New Home Company Inc. (The) in the second quarter worth about $380,000. First Quadrant L P CA bought a new stake in shares of New Home Company Inc. (The) in the second quarter worth about $425,000. Finally, Renaissance Technologies LLC grew its position in New Home Company Inc. (The) by 86.2% in the first quarter. Renaissance Technologies LLC now owns 37,800 shares of the construction company’s stock worth $395,000 after acquiring an additional 17,500 shares in the last quarter. 57.47% of the stock is currently owned by hedge funds and other institutional investors.

New Home Company Inc. (NWHM) opened at $11.59 on Tuesday. New Home Company Inc. has a 12-month low of $9.75 and a 12-month high of $12.55. The stock has a market capitalization of $234.44, a P/E ratio of 10.03 and a beta of 1.90. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.16 and a current ratio of 1.16.

New Home Company Inc. (The) (NYSE:NWHM) last announced its quarterly earnings results on Friday, October 27th. The construction company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.06. The firm had revenue of $157.93 million during the quarter, compared to analyst estimates of $143.66 million. New Home Company Inc. (The) had a return on equity of 9.52% and a net margin of 2.73%. New Home Company Inc. (The)’s quarterly revenue was down 11.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.27 earnings per share. equities research analysts forecast that New Home Company Inc. will post 0.96 EPS for the current fiscal year.

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In related news, insider Joseph David Davis sold 3,304 shares of the business’s stock in a transaction that occurred on Friday, October 6th. The shares were sold at an average price of $11.55, for a total value of $38,161.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lp Tcn/Tnhc sold 4,394 shares of the business’s stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $11.35, for a total transaction of $49,871.90. The disclosure for this sale can be found here. Insiders sold 54,743 shares of company stock valued at $622,896 in the last quarter. 24.20% of the stock is owned by company insiders.

NWHM has been the subject of several recent research reports. Zacks Investment Research upgraded New Home Company Inc. (The) from a “sell” rating to a “hold” rating in a research report on Saturday, August 12th. ValuEngine lowered New Home Company Inc. (The) from a “buy” rating to a “hold” rating in a research report on Monday, November 6th.

About New Home Company Inc. (The)

The New Home Company Inc is a homebuilding company. The Company focuses on the design, construction and sale of consumer-driven homes in various metropolitan areas within certain markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and the greater Phoenix area.

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Institutional Ownership by Quarter for New Home Company Inc. (The) (NYSE:NWHM)

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