From Yahoo Finance: 2025-04-01 07:50:00

River Road Asset Management released its Q4 2024 investor letter, reporting a 7.35% return for the AMG River Road Small Cap Value Fund. The fund significantly outperformed the Russell 2000® Value Index, with a 2024 return of 14.07%. Small cap and value stocks declined after a Republican victory in November and hawkish Fed comments. Small caps have lagged large caps for eight consecutive years.

LGI Homes, Inc. (NASDAQ:LGIH) was highlighted in the River Road Small Cap Value Fund’s Q4 2024 investor letter. The US-based home builder saw a one-month return of -5.49% and a 41.92% decrease in share value over the last 52 weeks. As of March 31, 2025, LGI Homes, Inc. stock closed at $66.47 per share with a market capitalization of $1.555 billion.

The Q4 2024 investor letter also mentioned LGI Homes, Inc. (NASDAQ:LGIH), the 15th largest U.S. homebuilder specializing in entry-level homes. The stock initially rallied in Q3 but lagged the market post-election due to rising interest rates. Despite affordability challenges, LGIH saw revenue growth in Q3, with flat gross margins and plans to increase home closings in FY 2025.



Read more at Yahoo Finance: LGI Homes (LGIH) Shares Sold off after Fed’s Reversed Course