Victory Capital Management Inc. diminished its holdings in shares of PulteGroup, Inc. (NYSE:PHM) by three.eight% in the course of the third quarter, in response to the corporate in its most up-to-date 13F submitting with the SEC. The institutional investor owned 749,575 shares of the development firm’s inventory after promoting 29,627 shares in the course of the interval. Victory Capital Management Inc. owned about zero.25% of PulteGroup price $20,486,000 on the finish of the newest reporting interval.
Other institutional traders have additionally modified their holdings of the corporate. Tower Research Capital LLC TRC boosted its place in shares of PulteGroup by three.eight% in the course of the 2nd quarter. Tower Research Capital LLC TRC now owns four,086 shares of the development firm’s inventory valued at $100,000 after buying an extra 148 shares within the final quarter. Northwestern Mutual Wealth Management Co. boosted its place in shares of PulteGroup by 7.three% in the course of the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,845 shares of the development firm’s inventory valued at $168,000 after buying an extra 465 shares within the final quarter. Koch Industries Inc. purchased a brand new place in PulteGroup in the course of the 2nd quarter valued at about $220,000. QCM Cayman Ltd. purchased a brand new place in PulteGroup in the course of the 2nd quarter valued at about $223,000. Finally, BKS Advisors LLC purchased a brand new place in PulteGroup in the course of the 2nd quarter valued at about $232,000. Institutional traders and hedge funds personal 87.82% of the corporate’s inventory.
In different PulteGroup information, insider James R. Ellinghausen offered 136,912 shares of the enterprise’s inventory in a transaction dated Friday, October 27th. The shares had been offered at a mean value of $29.70, for a complete worth of $four,066,286.40. Following the completion of the transaction, the insider now immediately owns 294,369 shares of the corporate’s inventory, valued at $eight,742,759.30. The sale was disclosed in a authorized submitting with the SEC, which is accessible at this hyperlink. Insiders personal zero.71% of the corporate’s inventory.
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PulteGroup, Inc. (NYSE PHM) opened at $31.15 on Friday. PulteGroup, Inc. has a 12 month low of $18.18 and a 12 month excessive of $31.36. The agency has a market cap of $9,157.10, a PE ratio of 15.20, a price-to-earnings-growth ratio of zero.90 and a beta of 1.18. The firm has a debt-to-equity ratio of zero.72, a present ratio of zero.25 and a fast ratio of zero.25.
PulteGroup (NYSE:PHM) final introduced its earnings outcomes on Tuesday, October 24th. The building firm reported $zero.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $zero.59 by $zero.01. PulteGroup had a internet margin of seven.77% and a return on fairness of 14.38%. The firm had income of $2.13 billion in the course of the quarter, in comparison with the consensus estimate of $2.30 billion. During the identical interval within the earlier 12 months, the agency posted $zero.43 earnings per share. The firm’s income was up 9.6% on a year-over-year foundation. sell-side badysts anticipate that PulteGroup, Inc. will submit 2.18 EPS for the present 12 months.
Several brokerages not too long ago issued stories on PHM. Zacks Investment Research downgraded shares of PulteGroup from a “buy” score to a “hold” score in a report on Monday, October 30th. KeyCorp reissued a “hold” score on shares of PulteGroup in a report on Wednesday, November 1st. MKM Partners reissued a “neutral” score on shares of PulteGroup in a report on Tuesday, September fifth. Royal Bank Of Canada reissued a “buy” score and set a $28.00 value goal on shares of PulteGroup in a report on Monday, September 25th. Finally, Barclays PLC set a $26.00 value goal on shares of PulteGroup and gave the corporate a “hold” score in a report on Wednesday, October 25th. Two badysts have rated the inventory with a promote score, eight have badigned a maintain score, six have given a purchase score and one has issued a robust purchase score to the corporate’s inventory. The inventory presently has a consensus score of “Hold” and a mean value goal of $28.67.
PulteGroup, Inc is a homebuilder within the United States. The Company’s segments embrace Homebuilding and Financial Services. Its Homebuilding operations are engaged within the acquisition and growth of land primarily for residential functions throughout the United States and the development of housing on such land.
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