Victory Capital Management Inc. Raises Position in Tri Pointe Homes Inc. $TPH

Victory Capital Management Inc. has increased its stake in Tri Pointe Homes Inc. by 11.4% in the third quarter, now owning 815,037 shares valued at approximately $27.7 million, representing about 0.95% of the company. Institutional investors collectively own 97.01% of the stock. Tri Pointe Homes recently reported quarterly earnings of $0.80 per share, surpassing analyst estimates, although revenue decreased by 22.5% year-over-year.