Renaissance Technologies LLC raised its stake in UCP Inc (NYSE:UCP) by 58.9% during the first quarter, Holdings Channel reports. 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’s holdings in UCP were worth $3,138,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of UCP. Dimensional Fund Advisors LP boosted its stake in UCP by 21.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 176,648 shares of the construction company’s stock valued at $2,129,000 after buying an additional 31,122 shares during the period. Teachers Advisors LLC boosted its stake in UCP by 96.7% in the fourth quarter. Teachers Advisors LLC now owns 17,033 shares of the construction company’s stock valued at $205,000 after buying an additional 8,372 shares during the period. Bank of New York Mellon Corp boosted its stake 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 valued at $293,000 after buying an additional 2,331 shares during the period. Ameriprise Financial Inc. boosted its stake in UCP by 0.3% in the first quarter. Ameriprise Financial Inc. now owns 842,763 shares of the construction company’s stock valued at $8,554,000 after buying an additional 2,742 shares during the period. Finally, Parametric Portfolio Associates LLC boosted its stake in UCP by 5.0% in the first quarter. Parametric Portfolio Associates LLC now owns 12,347 shares of the construction company’s stock valued at $125,000 after buying an additional 593 shares during the period. 76.77% of the stock is currently owned by institutional investors.

UCP Inc (NYSE:UCP) traded up 1.24% during mid-day trading on Friday, hitting $11.44. 64,680 shares of the stock traded hands. The firm has a market cap of $91.04 million, a price-to-earnings ratio of 8.95 and a beta of 1.37. The stock has a 50-day moving average of $11.21 and a 200 day moving average of $11.02. UCP Inc has a 1-year low of $7.96 and a 1-year high of $12.75.

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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.

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Institutional Ownership by Quarter for UCP (NYSE:UCP)

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