Crossmark Global Holdings Inc. 收购了 PulteGroup, Inc.(纽约证券交易所代码:PHM)

Crossmark Global Holdings Inc. 收购了 PulteGroup, Inc.(纽约证券交易所代码:PHM)
2023年04月06日 16:52 富途牛牛综合

Crossmark Global Holdings Inc. grew its holdings in PulteGroup, Inc. (NYSE:PHM – Get Rating) by 19.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,726 shares of the construction company's stock after purchasing an additional 1,419 shares during the period. Crossmark Global Holdings Inc.'s holdings in PulteGroup were worth $397,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Balyasny Asset Management LLC acquired a new position in PulteGroup during the third quarter worth $78,542,000. First Trust Advisors LP boosted its position in shares of PulteGroup by 29.4% in the first quarter. First Trust Advisors LP now owns 4,850,407 shares of the construction company's stock valued at $203,232,000 after acquiring an additional 1,101,565 shares during the period. Greenhaven Associates Inc. boosted its position in shares of PulteGroup by 25.0% in the third quarter. Greenhaven Associates Inc. now owns 5,305,310 shares of the construction company's stock valued at $198,949,000 after acquiring an additional 1,062,570 shares during the period. Invesco Ltd. boosted its position in shares of PulteGroup by 36.3% in the first quarter. Invesco Ltd. now owns 3,651,100 shares of the construction company's stock valued at $152,982,000 after acquiring an additional 972,310 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in shares of PulteGroup by 315.1% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 773,614 shares of the construction company's stock valued at $29,011,000 after acquiring an additional 587,257 shares during the period. 88.07% of the stock is currently owned by institutional investors and hedge funds.

Get

PulteGroup

alerts:

Analysts Set New Price Targets

Several research analysts have commented on the company. The Goldman Sachs Group boosted their target price on PulteGroup from $45.00 to $50.00 and gave the stock a "neutral" rating in a research note on Thursday, January 12th. Wedbush increased their target price on shares of PulteGroup from $47.00 to $57.00 and gave the company a "neutral" rating in a research report on Wednesday, February 1st. BTIG Research increased their price target on PulteGroup from $61.00 to $68.00 and gave the stock a "buy" rating in a report on Wednesday, February 1st. StockNews.com initiated coverage on PulteGroup in a report on Thursday, March 16th. They set a "buy" rating on the stock. Finally, Wolfe Research upgraded PulteGroup from a "peer perform" rating to an "outperform" rating and set a $64.00 target price on the stock in a report on Wednesday, March 22nd. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $61.86.

PulteGroup Trading Up 0.4 %

NYSE PHM opened at $58.63 on Thursday. The stock has a market capitalization of $13.15 billion, a price-to-earnings ratio of 5.28, a PEG ratio of 0.48 and a beta of 1.33. PulteGroup, Inc. has a one year low of $35.03 and a one year high of $60.89. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.62 and a quick ratio of 0.62. The business's fifty day moving average is $55.67 and its 200-day moving average is $47.61.

PulteGroup (NYSE:PHM – Get Rating) last released its earnings results on Tuesday, January 31st. The construction company reported $3.63 EPS for the quarter, topping analysts' consensus estimates of $2.88 by $0.75. PulteGroup had a return on equity of 31.85% and a net margin of 16.13%. The company had revenue of $5.17 billion for the quarter, compared to analysts' expectations of $4.59 billion. During the same period in the previous year, the business posted $2.51 EPS. The business's revenue for the quarter was up 18.7% compared to the same quarter last year. Equities research analysts predict that PulteGroup, Inc. will post 7.52 EPS for the current year.

PulteGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 4th. Investors of record on Monday, March 20th were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Friday, March 17th. PulteGroup's dividend payout ratio is currently 5.77%.

Insider Activity

In other news, VP Brien P. O'meara sold 4,924 shares of the company's stock in a transaction dated Thursday, February 2nd. The stock was sold at an average price of $60.00, for a total transaction of $295,440.00. Following the sale, the vice president now directly owns 17,308 shares in the company, valued at $1,038,480. The sale was disclosed in a document filed with the SEC, which is available at this link. In other news, VP Brien P. O'meara sold 4,924 shares of the business's stock in a transaction dated Thursday, February 2nd. The stock was sold at an average price of $60.00, for a total transaction of $295,440.00. Following the completion of the transaction, the vice president now owns 17,308 shares of the company's stock, valued at $1,038,480. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Todd N. Sheldon sold 15,998 shares of the business's stock in a transaction dated Thursday, March 2nd. The stock was sold at an average price of $53.83, for a total value of $861,172.34. Following the transaction, the executive vice president now directly owns 82,339 shares of the company's stock, valued at approximately $4,432,308.37. The disclosure for this sale can be found here. Insiders have sold a total of 50,739 shares of company stock worth $2,845,149 over the last ninety days. Company insiders own 0.71% of the company's stock.

PulteGroup Profile

(Get Rating)

PulteGroup, Inc engages in the homebuilding business. The firm is also involved in mortgage banking and title and insurance brokerage operations. It operates through the Homebuilding and Financial services business segments. The Homebuilding segment includes operations from Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Virginia, Georgia, North Carolina, South Carolina, Tennessee, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio, Texas, Arizona, California, Nevada, New Mexico, and Washington.

Recommended Stories

  • Get a free copy of the StockNews.com research report on PulteGroup (PHM)
  • Penny Stock Wag! Group Co. Has Solid Sell-Side Support
  • Staples Stocks Get Lift From Conagra Results, New Highs In Sight
  • SGH Bottomed, But Can It Reverse And Move Higher?
  • Is Pinterest Showing Signs of an Improving Ad Market?
  • At 3x Earnings, Avis Budget Is Worth Taking for a Spin

Want to see what other hedge funds are holding PHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PulteGroup, Inc. (NYSE:PHM – Get Rating).

Receive News & Ratings for PulteGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PulteGroup and related companies with MarketBeat.com's FREE daily email newsletter.

海量资讯、精准解读,尽在新浪财经APP

VIP课程推荐

加载中...

APP专享直播

1/10

热门推荐

收起
新浪财经公众号
新浪财经公众号

24小时滚动播报最新的财经资讯和视频,更多粉丝福利扫描二维码关注(sinafinance)

7X24小时

  • 04-06 恒尚节能 603137 15.9
  • 04-06 索辰科技 688507 245.56
  • 04-06 迪尔化工 831304 3.98
  • 04-06 森泰股份 301429 28.75
  • 04-06 光大同创 301387 58.32
  • 产品入口: 新浪财经APP-股票-免费问股
    新浪首页 语音播报 相关新闻 返回顶部