Readers say this is also quick review tool that saves researchers time in getting a view of the manufactured housing industry, through the lens of publicly traded stocks.
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ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here.
9 key market indicators, ‘at the closing bell…’
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Russell 2000 1,404.54 +5.28 (+0.38%)
Manufactured Housing Composite Value 6.22.2017
Manufactured Housing Connected Stocks
Today’s Big Movers
Tricon, LCI lead the leaders. NOB, SKY lead the bleeders. See below for all the ‘scores and highlights.’
Today’s MH Market Spotlight Report – LPX
LPX supplies manufactured housing producers, as well as others in the building trades.
The Market Daily says that, “Alliancebernstein L.P. boosted its stake in Louisiana-Pacific Corporation (NYSE:LPX) by 34.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 342,607 shares of the construction company’s stock after buying an additional 87,940 shares during the period.
Alliancebernstein L.P. owned about 0.24% of Louisiana-Pacific Corporation worth $8,504,000 at the end of the most recent reporting period.”
Other institutional investor moves included.
“Fortaleza Asset Management Inc. raised its position in Louisiana-Pacific Corporation by 8.2% in the fourth quarter. Fortaleza Asset Management Inc. now owns 6,890 shares of the construction company’s stock valued at $130,000 after buying an additional 520 shares in the last quarter.
Elkfork Partners LLC purchased a new position in Louisiana-Pacific Corporation during the fourth quarter valued at about $180,000.
Acrospire Investment Management LLC raised its position in Louisiana-Pacific Corporation by 0.8% in the first quarter. Acrospire Investment Management LLC now owns 7,741 shares of the construction company’s stock valued at $192,000 after buying an additional 60 shares in the last quarter.
Breton Hill Capital Ltd. purchased a new position in Louisiana-Pacific Corporation during the first quarter valued at about $221,000.
Finally, World Asset Management Inc purchased a new position in Louisiana-Pacific Corporation during the first quarter valued at about $222,000. 93.56% of the stock is currently owned by institutional investors and hedge funds.”
See Recent Exclusive 1 Year Snapshot of All Tracked Stocks
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII)
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses.
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