Lennar（纽约证券交易所代码：LEN）在 StockNews.com 上调至 “买入”_新浪财经

Lennar (NYSE:LEN – Get Rating) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating in a research report issued on Wednesday.

A number of other research analysts have also recently commented on the company. Bank of America upgraded Lennar from an "underperform" rating to a "neutral" rating and upped their price target for the stock from $92.00 to $102.00 in a research note on Wednesday, January 11th. Credit Suisse Group raised their price target on shares of Lennar from $88.00 to $96.00 and gave the company a "neutral" rating in a research report on Thursday, March 16th. Oppenheimer initiated coverage on Lennar in a research report on Wednesday, March 1st. They set a "market perform" rating on the stock. BTIG Research boosted their target price on Lennar from $116.00 to $120.00 in a research note on Thursday, March 16th. Finally, UBS Group upped their target price on shares of Lennar from $117.00 to $127.00 and gave the stock a "buy" rating in a research note on Thursday, March 16th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Lennar has a consensus rating of "Hold" and a consensus price target of $104.60.

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Lennar Stock Performance

NYSE LEN opened at $105.50 on Wednesday. The stock has a fifty day simple moving average of $101.15 and a 200-day simple moving average of $91.68. The company has a current ratio of 7.82, a quick ratio of 1.38 and a debt-to-equity ratio of 0.16. The stock has a market cap of $30.56 billion, a PE ratio of 6.54, a P/E/G ratio of 1.75 and a beta of 1.44. Lennar has a twelve month low of $62.54 and a twelve month high of $109.28.

Lennar (NYSE:LEN – Get Rating) last announced its quarterly earnings results on Wednesday, March 15th. The construction company reported $2.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.56 by $0.56. Lennar had a net margin of 13.86% and a return on equity of 21.18%. The business had revenue of $6.49 billion during the quarter, compared to analysts' expectations of $5.99 billion. During the same period last year, the business earned $2.70 earnings per share. The business's revenue for the quarter was up 4.6% on a year-over-year basis. Equities analysts anticipate that Lennar will post 9.72 earnings per share for the current year.

Insider Transactions at Lennar

In related news, CFO Diane J. Bessette sold 9,289 shares of the company's stock in a transaction on Thursday, March 23rd. The shares were sold at an average price of $103.16, for a total value of $958,253.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 9.53% of the company's stock.

Hedge Funds Weigh In On Lennar

Institutional investors have recently added to or reduced their stakes in the stock. Clearbridge Investments LLC increased its holdings in shares of Lennar by 0.4% in the fourth quarter. Clearbridge Investments LLC now owns 27,918 shares of the construction company's stock valued at $2,527,000 after purchasing an additional 113 shares during the period. Exencial Wealth Advisors LLC raised its position in Lennar by 3.3% during the 3rd quarter. Exencial Wealth Advisors LLC now owns 3,920 shares of the construction company's stock worth $292,000 after buying an additional 127 shares during the last quarter. Mutual Advisors LLC lifted its stake in shares of Lennar by 2.3% in the 3rd quarter. Mutual Advisors LLC now owns 5,908 shares of the construction company's stock worth $440,000 after acquiring an additional 131 shares during the period. Intech Investment Management LLC increased its stake in shares of Lennar by 0.9% during the third quarter. Intech Investment Management LLC now owns 14,063 shares of the construction company's stock worth $1,048,000 after acquiring an additional 131 shares during the period. Finally, Industrial Alliance Investment Management Inc. raised its holdings in Lennar by 2.2% during the third quarter. Industrial Alliance Investment Management Inc. now owns 6,730 shares of the construction company's stock worth $502,000 after purchasing an additional 146 shares in the last quarter. Institutional investors and hedge funds own 82.68% of the company's stock.

About Lennar

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Lennar Corp. engages in the provision of real estate related financial and investment management services. It operates through the following segments: Homebuilding East, Central, Texas, and West, Financial Services, Multifamily, and Lennar Other. The Homebuilding East, Central, Texas, and West segment constructs and sells homes primarily for first-time, move-up, and active adult homebuyers primarily under the Lennar brand name.