PulteGroup (PHM) Stock Rating Reconfirmed at RBC Capital; The $35.0 Target Indicates 6.71% Potential; Caxton Associates LP Cut By $5.02 Million Its Applied Matls (AMAT) Position

November 15, 2017 - By Clifton Ray

Among 21 analysts covering PulteGroup (NYSE:PHM), 7 have Buy rating, 2 Sell and 12 Hold. Therefore 33% are positive. PulteGroup has $38 highest and $15 lowest target. $25.42’s average target is -22.50% below currents $32.8 stock price. PulteGroup had 56 analyst reports since September 11, 2015 according to SRatingsIntel. On Wednesday, January 13 the stock rating was upgraded by JP Morgan to “Overweight”. Wedbush maintained the shares of PHM in report on Wednesday, April 26 with “Underperform” rating. On Tuesday, February 14 the stock rating was upgraded by FBR Capital to “Outperform”. On Tuesday, October 31 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The rating was downgraded by Buckingham Research to “Neutral” on Tuesday, November 14. As per Friday, January 8, the company rating was upgraded by Raymond James. The company was maintained on Tuesday, August 22 by KeyBanc Capital Markets. Barclays Capital downgraded the stock to “Equal-Weight” rating in Tuesday, July 11 report. RBC Capital Markets maintained PulteGroup, Inc. (NYSE:PHM) on Wednesday, January 27 with “Outperform” rating. The firm earned “Neutral” rating on Thursday, July 13 by Wedbush.

Caxton Associates Lp decreased Applied Matls Inc (AMAT) stake by 42.14% reported in 2017Q2 SEC filing. Caxton Associates Lp sold 122,445 shares as Applied Matls Inc (AMAT)’s stock rose 23.58%. The Caxton Associates Lp holds 168,155 shares with $6.95M value, down from 290,600 last quarter. Applied Matls Inc now has $60.17B valuation. The stock declined 0.39% or $0.22 reaching $56.2 per share. About 34,268 shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since November 15, 2016 and is uptrending. It has outperformed by 104.70% the S&P500.




Since June 1, 2017, it had 0 insider buys, and 1 sale for $230,750 activity. Another trade for 5,000 shares valued at $230,750 was sold by Forrest Stephen R.

Investors sentiment decreased to 0.82 in 2017 Q2. Its down 0.33, from 1.15 in 2017Q1. It is negative, as 48 investors sold AMAT shares while 346 reduced holdings. 105 funds opened positions while 219 raised stakes. 826.54 million shares or 0.80% less from 833.19 million shares in 2017Q1 were reported. Clinton Gp has invested 0.36% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). The Vermont-based Communication Of Vermont has invested 0.25% in Applied Materials, Inc. (NASDAQ:AMAT). Twin Tree Mngmt Limited Partnership invested in 0.01% or 29,751 shares. Tdam Usa Inc stated it has 0.77% in Applied Materials, Inc. (NASDAQ:AMAT). Parkwood reported 0.07% stake. Lpl Finance Limited Liability Corp owns 78,291 shares for 0.01% of their portfolio. Atlanta Cap Group has invested 0.14% in Applied Materials, Inc. (NASDAQ:AMAT). Morgan Stanley has 4.17M shares for 0.05% of their portfolio. Bowling Portfolio Lc invested in 102,005 shares or 0.62% of the stock. North Star Invest Management Corporation owns 6,856 shares. Susquehanna Gp Limited Liability Partnership holds 76,694 shares or 0% of its portfolio. Lumbard And Kellner Llc reported 22,250 shares. 1.14 million are held by Artemis Mngmt Llp. Bremer Tru Association has invested 0.19% in Applied Materials, Inc. (NASDAQ:AMAT). Cibc Ww Corporation owns 231,721 shares.

Caxton Associates Lp increased Alphabet Inc stake by 2,500 shares to 14,000 valued at $12.72M in 2017Q2. It also upped Amazon Com Inc (NASDAQ:AMZN) stake by 4,850 shares and now owns 7,350 shares. Altria Group Inc (Call) (NYSE:MO) was raised too.

Among 25 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 24 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Applied Materials Inc. had 97 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, February 13. The firm has “Hold” rating given on Friday, August 14 by Nomura. The firm earned “Outperform” rating on Tuesday, August 9 by Credit Suisse. The rating was maintained by Needham with “Buy” on Monday, September 18. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Wednesday, May 25 by Citigroup. The firm has “Underperform” rating given on Monday, October 5 by RBC Capital Markets. The firm earned “Buy” rating on Monday, July 10 by DA Davidson. The firm earned “Buy” rating on Monday, August 15 by Stifel Nicolaus. The firm has “Buy” rating by Nomura given on Friday, September 29. RBC Capital Markets maintained it with “Sector Perform” rating and $24 target in Friday, May 20 report.

Analysts await Applied Materials, Inc. (NASDAQ:AMAT) to report earnings on November, 16 after the close. They expect $0.90 earnings per share, up 36.36% or $0.24 from last year’s $0.66 per share. AMAT’s profit will be $963.58M for 15.61 P/E if the $0.90 EPS becomes a reality. After $0.86 actual earnings per share reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 4.65% EPS growth.

Since June 6, 2017, it had 0 insider buys, and 1 insider sale for $324,520 activity. ANDERSON BRIAN P also sold $324,520 worth of PulteGroup, Inc. (NYSE:PHM) on Tuesday, June 6.

Investors sentiment decreased to 0.91 in Q2 2017. Its down 0.31, from 1.22 in 2017Q1. It dived, as 35 investors sold PulteGroup, Inc. shares while 170 reduced holdings. 56 funds opened positions while 130 raised stakes. 249.89 million shares or 6.67% less from 267.74 million shares in 2017Q1 were reported. Hancock Hldg Com holds 0.09% of its portfolio in PulteGroup, Inc. (NYSE:PHM) for 88,632 shares. 432,923 were accumulated by Wilsey Asset. Strs Ohio, Ohio-based fund reported 4,044 shares. The North Carolina-based Bancshares Of America De has invested 0.02% in PulteGroup, Inc. (NYSE:PHM). Chartist Ca reported 8,813 shares. National Bank Of Montreal Can reported 669,271 shares or 0.02% of all its holdings. Mcf Advsr Ltd has invested 0.06% of its portfolio in PulteGroup, Inc. (NYSE:PHM). Deutsche State Bank Ag holds 1.38M shares. Manchester Llc owns 2,350 shares or 0.01% of their US portfolio. State Common Retirement Fund accumulated 1.00 million shares. Tarbox Family Office holds 27 shares. Stifel Financial holds 78,286 shares or 0.01% of its portfolio. Pathstone Family Office Lc, New Jersey-based fund reported 17 shares. Oskie Limited Liability Co stated it has 93,466 shares. Factory Mutual Ins accumulated 1.39 million shares or 0.4% of the stock.

PulteGroup, Inc. is a homebuilder in the United States. The company has market cap of $9.34 billion. The Company’s divisions include Homebuilding and Financial Services. It has a 15.61 P/E ratio. The Company’s Homebuilding activities are engaged in the acquisition and development of land primarily for residential purposes within the United States and the construction of housing on such land.

Analysts await PulteGroup, Inc. (NYSE:PHM) to report earnings on January, 25. They expect $0.84 earnings per share, up 25.37% or $0.17 from last year’s $0.67 per share. PHM’s profit will be $239.20 million for 9.76 P/E if the $0.84 EPS becomes a reality. After $0.60 actual earnings per share reported by PulteGroup, Inc. for the previous quarter, Wall Street now forecasts 40.00% EPS growth.

About 7,089 shares traded. PulteGroup, Inc. (NYSE:PHM) has risen 30.02% since November 15, 2016 and is uptrending. It has outperformed by 13.32% the S&P500.

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