Kathmere Capital Administration LLC grew its stake in shares of PulteGroup, Inc. (NYSE:PHM – Free Report) by 26.1% within the 2nd quarter, in keeping with its most up-to-date Type 13F submitting with the Securities & Alternate Fee. The fund owned 3,965 shares of the development firm’s inventory after buying an extra 821 shares in the course of the interval. Kathmere Capital Administration LLC’s holdings in PulteGroup had been price $437,000 on the finish of the newest quarter.
Plenty of different institutional traders additionally not too long ago made modifications to their positions in PHM. WR Wealth Planners LLC grew its stake in shares of PulteGroup by 54.7% within the second quarter. WR Wealth Planners LLC now owns 232 shares of the development firm’s inventory valued at $26,000 after buying an extra 82 shares within the final quarter. Lebenthal International Advisors LLC raised its place in shares of PulteGroup by 3.9% within the second quarter. Lebenthal International Advisors LLC now owns 2,329 shares of the development firm’s inventory valued at $256,000 after shopping for an extra 87 shares within the final quarter. Tocqueville Asset Administration L.P. boosted its stake in shares of PulteGroup by 2.0% within the first quarter. Tocqueville Asset Administration L.P. now owns 5,092 shares of the development firm’s inventory valued at $614,000 after shopping for an extra 101 shares in the course of the interval. Patten Group Inc. grew its place in PulteGroup by 2.9% in the course of the second quarter. Patten Group Inc. now owns 3,805 shares of the development firm’s inventory price $419,000 after shopping for an extra 109 shares within the final quarter. Lastly, NBC Securities Inc. elevated its stake in PulteGroup by 2.4% in the course of the 1st quarter. NBC Securities Inc. now owns 4,774 shares of the development firm’s inventory price $575,000 after buying an extra 112 shares in the course of the interval. Institutional traders personal 89.90% of the corporate’s inventory.
PulteGroup Inventory Efficiency
Shares of PHM inventory opened at $143.17 on Friday. The agency has a market capitalization of $29.71 billion, a price-to-earnings ratio of 11.46, a PEG ratio of 0.58 and a beta of 1.62. The corporate has a present ratio of 0.76, a fast ratio of 0.76 and a debt-to-equity ratio of 0.15. The enterprise’s 50-day shifting common worth is $130.92 and its 200-day shifting common worth is $119.55. PulteGroup, Inc. has a 12 month low of $68.80 and a 12 month 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, topping analysts’ consensus estimates of $3.27 by $0.56. The agency had income of $4.60 billion for the quarter, in comparison with analyst estimates of $4.49 billion. PulteGroup had a internet margin of 16.75% and a return on fairness of 25.67%. The corporate’s income for the quarter was up 9.8% in comparison with the identical quarter final 12 months. Throughout the identical interval within the earlier 12 months, the agency posted $3.00 EPS. Equities analysis analysts forecast that PulteGroup, Inc. will put up 12.9 EPS for the present 12 months.
PulteGroup Dividend Announcement
The enterprise additionally not too long ago introduced a quarterly dividend, which will likely be paid on Wednesday, October 2nd. Traders of report on Tuesday, September seventeenth will likely be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.56%. The ex-dividend date is Tuesday, September seventeenth. PulteGroup’s dividend payout ratio is at present 6.41%.
Insiders Place Their Bets
In different information, CFO Robert Oshaughnessy bought 28,993 shares of the inventory in a transaction dated Thursday, August 1st. The inventory was bought at a median worth of $129.29, for a complete worth of $3,748,504.97. Following the completion of the sale, the chief monetary officer now owns 160,330 shares of the corporate’s inventory, valued at $20,729,065.70. The sale was disclosed in a authorized submitting with the SEC, which is out there at this hyperlink. In different information, Director Thomas J. Folliard bought 19,000 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, August twenty eighth. The shares had been bought at a median worth of $131.14, for a complete worth of $2,491,660.00. Following the transaction, the director now owns 45,230 shares within the firm, valued at roughly $5,931,462.20. The sale was disclosed in a submitting with the Securities & Alternate Fee, which might be accessed by the SEC web site. Additionally, CFO Robert Oshaughnessy bought 28,993 shares of the inventory in a transaction on Thursday, August 1st. The inventory was bought at a median worth of $129.29, for a complete transaction of $3,748,504.97. Following the sale, 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. Within the final three months, insiders have bought 119,000 shares of firm inventory valued at $15,814,039. 0.83% of the inventory is at present owned by firm insiders.
Wall Road Analysts Forecast Development
Plenty of analysis corporations have not too long ago weighed in on PHM. Royal Financial institution of Canada upped their goal worth on PulteGroup from $113.00 to $120.00 and gave the corporate a “sector carry out” ranking in a analysis report on Wednesday, July twenty fourth. Wolfe Analysis downgraded shares of PulteGroup from an “outperform” ranking to a “peer carry out” ranking in a analysis observe on Wednesday, August 14th. Oppenheimer boosted their goal worth on shares of PulteGroup from $143.00 to $151.00 and gave the corporate an “outperform” ranking in a analysis report on Wednesday, July twenty fourth. Wedbush reiterated a “impartial” ranking and set a $115.00 worth goal on shares of PulteGroup in a analysis report on Friday, August sixteenth. Lastly, Barclays boosted their worth goal on shares of PulteGroup from $131.00 to $150.00 and gave the corporate an “chubby” ranking in a analysis report on Wednesday, July twenty fourth. Six equities analysis analysts have rated the inventory with a maintain ranking and eleven have issued a purchase ranking to the inventory. In response to knowledge from MarketBeat.com, PulteGroup presently has a median ranking of “Average Purchase” and a median worth goal of $134.71.
Learn Our Newest Inventory Evaluation on PHM
PulteGroup Profile
PulteGroup, Inc, by 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 gives numerous dwelling designs, together with single-family indifferent, townhomes, condominiums, and duplexes beneath the Centex, Pulte Houses, Del Webb, DiVosta Houses, John Wieland Houses and Neighborhoods, and American West model names.
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