AE Wealth Administration LLC elevated its place in shares of PulteGroup, Inc. (NYSE:PHM – Free Report) by 14.6% through the 2nd quarter, based on the corporate in its most up-to-date Kind 13F submitting with the SEC. The fund owned 8,418 shares of the development firm’s inventory after buying a further 1,075 shares through the quarter. AE Wealth Administration LLC’s holdings in PulteGroup have been value $927,000 as of its most up-to-date SEC submitting.
A variety of different institutional buyers have additionally added to or decreased their stakes in PHM. Benjamin Edwards Inc. purchased a brand new place in shares of PulteGroup through the 1st quarter value roughly $26,000. WR Wealth Planners LLC lifted its holdings in PulteGroup by 54.7% through the second quarter. WR Wealth Planners LLC now owns 232 shares of the development firm’s inventory value $26,000 after buying a further 82 shares through the interval. LRI Investments LLC bought a brand new place in PulteGroup within the first quarter value $28,000. Rothschild Funding LLC purchased a brand new place in PulteGroup within the 2nd quarter valued at $31,000. Lastly, Candriam S.C.A. bought a brand new stake in shares of PulteGroup through the 2nd quarter valued at $33,000. 89.90% of the inventory is owned by institutional buyers.
Analysts Set New Value Targets
A variety of equities analysts not too long ago weighed in on PHM shares. Wedbush reissued a “impartial” score and issued a $115.00 value goal on shares of PulteGroup in a report on Friday, August sixteenth. Financial institution of America boosted their goal value on shares of PulteGroup from $138.00 to $160.00 and gave the corporate a “purchase” score in a analysis word on Thursday, September nineteenth. BTIG Analysis raised their value goal on shares of PulteGroup from $133.00 to $139.00 and gave the inventory a “purchase” score in a analysis word on Wednesday, July twenty fourth. Citigroup dropped their value goal on PulteGroup from $129.00 to $117.00 and set a “impartial” score on the inventory in a analysis word on Tuesday, July 2nd. Lastly, Wolfe Analysis downgraded PulteGroup from an “outperform” score to a “peer carry out” score in a analysis report on Wednesday, August 14th. Six equities analysis analysts have rated the inventory with a maintain score and eleven have given a purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat, the inventory has a mean score of “Reasonable Purchase” and a consensus goal value of $134.71.
Examine Out Our Newest Inventory Evaluation on PHM
PulteGroup Value Efficiency
Shares of NYSE PHM opened at $140.46 on Thursday. The inventory has a fifty day transferring common of $129.87 and a 200-day transferring common of $119.03. The inventory has a market cap of $29.15 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 0.59 and a beta of 1.62. The corporate has a debt-to-equity ratio of 0.15, a fast ratio of 0.76 and a present ratio of 0.76. PulteGroup, Inc. has a fifty-two week low of $68.80 and a fifty-two week excessive of $145.84.
PulteGroup (NYSE:PHM – Get Free Report) final posted its earnings outcomes on Tuesday, July twenty third. The development firm reported $3.83 earnings per share for the quarter, beating analysts’ consensus estimates of $3.27 by $0.56. PulteGroup had a return on fairness of 25.67% and a web margin of 16.75%. The enterprise had income of $4.60 billion through the quarter, in comparison with analyst estimates of $4.49 billion. Throughout the identical quarter within the earlier 12 months, the agency earned $3.00 EPS. The corporate’s quarterly income was up 9.8% in comparison with the identical quarter final 12 months. Equities analysis analysts anticipate that PulteGroup, Inc. will put up 12.9 earnings per share for the present 12 months.
PulteGroup Dividend Announcement
The corporate additionally not too long ago introduced a quarterly dividend, which might be paid on Wednesday, October 2nd. Buyers of document on Tuesday, September seventeenth might be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized foundation and a yield of 0.57%. The ex-dividend date is Tuesday, September seventeenth. PulteGroup’s dividend payout ratio (DPR) is presently 6.41%.
Insiders Place Their Bets
In different information, Director Thomas J. Folliard offered 19,000 shares of the enterprise’s inventory in a transaction on Wednesday, August twenty eighth. The shares have been offered at a mean value of $131.14, for a complete transaction of $2,491,660.00. Following the completion of the transaction, the director now immediately owns 45,230 shares within the firm, valued at roughly $5,931,462.20. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which might be accessed by way of the SEC web site. In associated information, Director Thomas J. Folliard offered 19,000 shares of PulteGroup inventory in a transaction on Wednesday, August twenty eighth. The inventory was offered at a mean value of $131.14, for a complete transaction of $2,491,660.00. Following the completion of the sale, the director now owns 45,230 shares of the corporate’s inventory, valued at $5,931,462.20. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which is out there by way of this hyperlink. Additionally, CFO Robert Oshaughnessy offered 28,993 shares of the enterprise’s inventory in a transaction dated Thursday, August 1st. The inventory was offered at a mean value of $129.29, for a complete worth of $3,748,504.97. Following the transaction, the chief monetary officer now owns 160,330 shares of the corporate’s inventory, valued at $20,729,065.70. The disclosure for this sale might be discovered right here. Insiders have offered 119,000 shares of firm inventory value $15,814,039 within the final three months. 0.83% of the inventory is at present owned by company insiders.
PulteGroup Firm Profile
PulteGroup, Inc, by way of its subsidiaries, primarily engages within the homebuilding enterprise in the USA. It acquires and develops land primarily for residential functions; and constructs housing on such land. The corporate additionally provides numerous residence designs, together with single-family indifferent, townhomes, condominiums, and duplexes below the Centex, Pulte Properties, Del Webb, DiVosta Properties, John Wieland Properties and Neighborhoods, and American West model names.
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