EPS for PulteGroup, Inc. (PHM) Expected At $0.45

June 20, 2017 - By Marguerite Chambers

 EPS for PulteGroup, Inc. (PHM) Expected At $0.45
Investors sentiment decreased to 0.79 in 2016 Q4. Its down 0.09, from 0.88 in 2016Q3. It turned negative, as 47 investors sold PulteGroup, Inc. shares while 154 reduced holdings. 57 funds opened positions while 102 raised stakes. 267.47 million shares or 4.04% less from 278.72 million shares in 2016Q3 were reported.
Fmr Limited Liability Company reported 0.03% in PulteGroup, Inc. (NYSE:PHM). Moreover, Susquehanna Llp has 0% invested in PulteGroup, Inc. (NYSE:PHM). Pub Employees Retirement Association Of Colorado holds 0.01% or 65,189 shares. Teacher Retirement Of Texas stated it has 565,817 shares or 0.07% of all its holdings. California-based Aperio Grp Limited Liability has invested 0.02% in PulteGroup, Inc. (NYSE:PHM). Growth Management Limited Partnership holds 0.82% or 1.00M shares in its portfolio. Prudential Financial owns 925,223 shares. Old Mutual Customised Solutions (Proprietary) Ltd accumulated 0.01% or 2,700 shares. Bluestein R H And owns 0.02% invested in PulteGroup, Inc. (NYSE:PHM) for 20,000 shares. The Wisconsin-based Mason Street Advsrs Limited Liability Corporation has invested 0.02% in PulteGroup, Inc. (NYSE:PHM). Lmm Limited Liability Co reported 3.47M shares. The Netherlands-based Apg Asset Management Nv has invested 0.01% in PulteGroup, Inc. (NYSE:PHM). Lpl Financial Ltd Liability reported 55,098 shares or 0.01% of all its holdings. Millennium Mgmt Ltd Liability Corporation has 70,453 shares. Amica Retiree Trust accumulated 2,459 shares.

Since January 24, 2017, it had 0 insider buys, and 12 sales for $15.91 million activity. The insider Ellinghausen James R sold 25,000 shares worth $587,500. $117,250 worth of PulteGroup, Inc. (NYSE:PHM) was sold by OSSOWSKI JAMES L. On Monday, January 30 SMITH HARMON D sold $1.03 million worth of PulteGroup, Inc. (NYSE:PHM) or 48,010 shares. On Friday, February 3 COOK STEVEN M sold $426,602 worth of PulteGroup, Inc. (NYSE:PHM) or 20,000 shares. DUGAS RICHARD J JR also sold $7.09 million worth of PulteGroup, Inc. (NYSE:PHM) shares. The insider ANDERSON BRIAN P sold $324,520.

Wall Street await PulteGroup, Inc. (NYSE:PHM) to release earnings on July, 20. Analysts forecast EPS of $0.45, up exactly $0.08 or 21.62 % from 2014’s $0.37 EPS. The expected PHM’s profit could reach $142.87M giving the stock 13.56 P/E in the case that $0.45 earnings per share is reported. After posting $0.31 EPS for the previous quarter, PulteGroup, Inc.’s analysts now forecast 45.16 % EPS growth. About 2.41 million shares traded. PulteGroup, Inc. (NYSE:PHM) has risen 30.02% since June 20, 2016 and is uptrending. It has outperformed by 13.32% the S&P500.

PulteGroup, Inc. (NYSE:PHM) Ratings Coverage

Among 15 analysts covering PulteGroup (NYSE:PHM), 6 have Buy rating, 2 Sell and 7 Hold. Therefore 40% are positive. PulteGroup has $26 highest and $15 lowest target. $20.09’s average target is -17.70% below currents $24.41 stock price. PulteGroup had 34 analyst reports since September 11, 2015 according to SRatingsIntel. On Tuesday, October 13 the stock rating was downgraded by Morgan Stanley to “Underweight”. The firm has “Underperform” rating by Bank of America given on Wednesday, March 16. The company was initiated on Thursday, September 29 by Wells Fargo. The stock of PulteGroup, Inc. (NYSE:PHM) earned “Underperform” rating by Wedbush on Tuesday, September 20. The firm has “Market Perform” rating by Raymond James given on Monday, April 25. The rating was upgraded by Raymond James on Friday, January 8 to “Outperform”. The firm has “Outperform” rating given on Wednesday, January 27 by RBC Capital Markets. The rating was upgraded by JP Morgan on Friday, September 11 to “Neutral”. RBC Capital Markets maintained it with “Outperform” rating and $24 target in Friday, January 27 report. The company was maintained on Friday, July 22 by RBC Capital Markets.

PulteGroup, Inc. is a homebuilder in the United States. The company has market cap of $7.75 billion. The Company’s divisions include Homebuilding and Financial Services. It has a 13.38 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.

More news for PulteGroup, Inc. (NYSE:PHM) were recently published by: Seekingalpha.com, which released: “PulteGroup: A Strong Homebuilder GARP Pick” on June 10, 2017. Nasdaq.com‘s article titled: “PulteGroup, Inc. (PHM) Ex-Dividend Date Scheduled for June 06, 2017” and published on June 05, 2017 is yet another important article.

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