Renaissance Technologies LLC Boosts Position in UCP Inc (UCP)

Renaissance Technologies LLC raised its position in shares of UCP Inc (NYSE:UCP) by 58.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 309,139 shares of the construction company’s stock after buying an additional 114,539 shares during the period. Renaissance Technologies LLC owned about 3.89% of UCP worth $3,138,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Ameriprise Financial Inc. increased its position in UCP by 0.3% in the first quarter. Ameriprise Financial Inc. now owns 842,763 shares of the construction company’s stock worth $8,554,000 after buying an additional 2,742 shares in the last quarter. Wellington Management Group LLP increased its position in UCP by 4.3% in the first quarter. Wellington Management Group LLP now owns 576,270 shares of the construction company’s stock worth $5,849,000 after buying an additional 24,002 shares in the last quarter. Dimensional Fund Advisors LP increased its position in UCP by 148.4% in the first quarter. Dimensional Fund Advisors LP now owns 438,809 shares of the construction company’s stock worth $4,454,000 after buying an additional 262,161 shares in the last quarter. Bank of New York Mellon Corp increased its position in UCP by 8.8% in the first quarter. Bank of New York Mellon Corp now owns 28,889 shares of the construction company’s stock worth $293,000 after buying an additional 2,331 shares in the last quarter. Finally, Teachers Advisors LLC increased its position in UCP by 96.7% in the fourth quarter. Teachers Advisors LLC now owns 17,033 shares of the construction company’s stock worth $205,000 after buying an additional 8,372 shares in the last quarter. Institutional investors own 76.77% of the company’s stock.

Shares of UCP Inc (NYSE:UCP) traded up 1.24% on Friday, hitting $11.44. 64,680 shares of the company’s stock were exchanged. UCP Inc has a 12-month low of $7.96 and a 12-month high of $12.75. The company’s 50-day moving average price is $11.21 and its 200 day moving average price is $11.02. The stock has a market cap of $91.04 million, a price-to-earnings ratio of 8.95 and a beta of 1.37.

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About UCP

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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