Stock to Track: PulteGroup, Inc. (PHM)

PA held its stake in PulteGroup, Inc. (NYSE:PHM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).

PulteGroup, Inc. has 1 year price target of $24.04.

A number of other hedge funds have also bought and sold shares of PHM. Orinda Asset Management LLC acquired a new position in shares of PulteGroup during the third quarter valued at approximately $153,000. Advisory Services Network LLC increased its position in shares of PulteGroup by 5.4% in the third quarter. The volume of 3.26 Million shares climbed up over an trading activity of 2.73 Million shares. The company also reported net diluted EPS reading of $1.75 for the quarter ended 2016-12-31. The company's market cap is $7.54 Billion.

Receive PulteGroup, Inc. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PulteGroup, Inc. with MarketBeat.com's FREE daily email newsletter. Following the completion of the sale, the insider now directly owns 435,187 shares of the company's stock, valued at approximately $9,138,927. Institutional investors own 88.78% of the company's stock.

01/27/2017 - PulteGroup, Inc. had its "outperform" rating reiterated by analysts at RBC Capital. (NYSE:PHM) opened at 23.72 on Friday.

Now we look at the Moving Averages, the 200-day is 19.18, the 50-day is 12.52 and the 20-day is 5.73.

The 13 analysts offering 12-month price forecasts for PulteGroup Inc have a median target of 24.00, with a high estimate of 27.50 and a low estimate of 15.00.

The Stock now has the market capitalization of $7.55 Billion, P/E (price to earnings ttm) of 13.35 and Weekly volatility of 1.77% and monthly volatility of 1.85% respectively.

PulteGroup (NYSE:PHM) last announced its quarterly earnings results on Thursday, January 26th. (PHM) reported its EPS in the last quarter as $0.83/Share beating the analyst estimate of $0.59/Share by the difference of $0.24. According to their predictions High & Low revenue estimates are 1.8 Billion and 1.65 Billion respectively. As of February 28th, there was short interest totalling 24,223,849 shares, a growth of 17.1% from the February 15th total of 20,680,470 shares.

Many Analysts provided their foresight on Revenue Estimates of PulteGroup, Inc. where they believe that the company has the potential to earn average revenue of $1.75 Billion for the current quarter. Equities research analysts anticipate that PulteGroup will post $2.23 earnings per share for the current fiscal year. The ex-dividend date of this dividend is Wednesday, March 8th.

Dividend History For PulteGroup, Inc.

Several brokerages recently weighed in on PHM.

These are 2 Sell Ratings, 7 Hold Ratings, 6 Buy Ratings. Bank of America Corp upgraded PulteGroup from an "underperform" rating to a "buy" rating and set a $25.00 price target on the stock in a research note on Friday, January 27th. BTIG Research began coverage on shares of PulteGroup in a research report on Tuesday, February 7th. Additionally, Wells Fargo Initiated its ratings on the stock to Market Perform. In addition, for the current month 5 analysts gave ratings for hold as compared to last month 5 analysts stood in same position. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $24.00 price objective (up from $22.00) on shares of PulteGroup in a research report on Friday, January 27th. The Stock has YTD (year to date) performance of 29.67 percent. Following the sale, the director now directly owns 1,216,348 shares in the company, valued at approximately $25,275,711.44. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Richard J. Dugas, Jr. sold 341,222 shares of the stock in a transaction dated Thursday, January 26th. The stock was sold at an average price of $20.78, for a total value of $7,090,593.16. With an institutional ownership near 92%, it carries an earnings per share ratio of 1.78.