Goldman Sachs Group Inc. Purchases Shares of 38,128 New Home Company Inc. (The) (NWHM)

Goldman Sachs Group Inc. acquired a new position in New Home Company Inc. (The) (NYSE:NWHM) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 38,128 shares of the construction company’s stock, valued at approximately $437,000. Goldman Sachs Group Inc. owned 0.18% of New Home Company Inc. (The) as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently modified their holdings of NWHM. Bank of New York Mellon Corp raised its position in shares of New Home Company Inc. (The) by 9.4% in the first quarter. Bank of New York Mellon Corp now owns 92,490 shares of the construction company’s stock worth $966,000 after acquiring an additional 7,921 shares during the period. FMR LLC raised its position in shares of New Home Company Inc. (The) by 39.6% during the 1st quarter. FMR LLC now owns 1,022,354 shares of the construction company’s stock worth $10,694,000 after purchasing an additional 290,000 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of New Home Company Inc. (The) by 39.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 166,400 shares of the construction company’s stock worth $1,741,000 after purchasing an additional 47,265 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of New Home Company Inc. (The) by 86.2% during the 1st quarter. Renaissance Technologies LLC now owns 37,800 shares of the construction company’s stock worth $395,000 after purchasing an additional 17,500 shares during the last quarter. Finally, Bank of Montreal Can acquired a new position in shares of New Home Company Inc. (The) during the 2nd quarter worth about $160,000. Institutional investors and hedge funds own 57.47% of the company’s stock.

In other news, insider Joseph David Davis sold 3,800 shares of the stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $11.56, for a total value of $43,928.00. Following the completion of the sale, the insider now owns 35,126 shares of the company’s stock, valued at approximately $406,056.56. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Lp Tcn/Tnhc sold 17,444 shares of the stock in a transaction that occurred on Thursday, October 5th. The shares were sold at an average price of $11.46, for a total transaction of $199,908.24. The disclosure for this sale can be found here. In the last quarter, insiders sold 54,743 shares of company stock valued at $622,896. 24.20% of the stock is owned by insiders.

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Shares of New Home Company Inc. (NYSE:NWHM) opened at $11.39 on Wednesday. The company has a market cap of $241.96, a PE ratio of 10.35 and a beta of 1.90. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.26. New Home Company Inc. has a 1-year low of $9.75 and a 1-year high of $12.55.

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

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