Arnold Van Den Berg Decreases His Position in UCP, Inc.

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Jul 13, 2015

Arnold Van Den Berg (Trades, Portfolio) of Century Management has been actively trading UCP, Inc. (UCP, Financial) in the past few months. On April 30 he added 62,831 shares increasing his portfolio stake in the stock by 10.13%. On June 30 he decreased his position in UCP, Inc. by 91.39% selling 624,353 shares. He currently holds 58,813 shares.

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Van Den Berg is the founder of Century Management, which began managing investment portfolios in 1974. He currently serves as the firm’s chairman, chief executive officer and co-chief investment officer. He is also the firm's lead portfolio manager. Van Den Berg currently holds approximately 0.70% of his portfolio in real estate.

UCP, Inc. is a land development and home building company Van Den Berg has been actively trading recently. UCP, Inc. has been in business since 2004. It primarily focuses on residential real estate development in the West Coast and Southeastern regions of the United States. In its most recent earnings announcement on May 11 it reported first quarter revenue of $43.5 million with a net loss of $1.8 million.

On July 10, UCP, Inc. closed at $7.21. For the one-year period through July 10 the stock has fallen 44.32%.