Pulte Homes INC (PHM) Share Price Rose While Wafra Investment Advisory Group INC Has Lowered Its Stake by $3.31 Million

February 15, 2018 - By Richard Conner

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.15, from 0.91 in 2017Q2. It dropped, as 33 investors sold PHM shares while 187 reduced holdings. 46 funds opened positions while 121 raised stakes. 244.94 million shares or 1.98% less from 249.89 million shares in 2017Q2 were reported. Citigroup reported 0% in PulteGroup, Inc. (NYSE:PHM). Trust Department Mb Fin Bancshares N A stated it has 5,498 shares or 0.02% of all its holdings. Kentucky Retirement Ins Fund owns 7,508 shares for 0.04% of their portfolio. Envestnet Asset invested in 290,573 shares. Rbf Capital Limited Liability Com stated it has 0.17% in PulteGroup, Inc. (NYSE:PHM). Kbc Nv has invested 0.04% of its portfolio in PulteGroup, Inc. (NYSE:PHM). Janney Capital Mgmt Limited Liability Corporation has invested 0.66% of its portfolio in PulteGroup, Inc. (NYSE:PHM). Greenhaven Assocs holds 2.35% or 5.73 million shares. Nuveen Asset Mgmt Ltd Liability Corporation has invested 0% in PulteGroup, Inc. (NYSE:PHM). Credit Suisse Ag reported 0.02% in PulteGroup, Inc. (NYSE:PHM). Brown Cap Management Ltd Liability reported 54,436 shares. Bp Public Limited, a United Kingdom-based fund reported 36,000 shares. Gulf International Savings Bank (Uk) Limited has invested 0.04% in PulteGroup, Inc. (NYSE:PHM). Dumont & Blake Invest Advsr Ltd Llc holds 0.46% or 39,600 shares in its portfolio. Moreover, Tiaa Cref Invest has 0.06% invested in PulteGroup, Inc. (NYSE:PHM) for 3.06M shares.

Since October 26, 2017, it had 0 buys, and 2 sales for $7.21 million activity. $3.15M worth of PulteGroup, Inc. (NYSE:PHM) was sold by OShaughnessy Robert.

Wafra Investment Advisory Group Inc decreased its stake in Pulte Homes Inc. (PHM) by 17.87% based on its latest 2017Q3 regulatory filing with the SEC. Wafra Investment Advisory Group Inc sold 122,599 shares as the company’s stock rose 8.08% with the market. The institutional investor held 563,303 shares of the capital goods company at the end of 2017Q3, valued at $15.40 million, down from 685,902 at the end of the previous reported quarter. Wafra Investment Advisory Group Inc who had been investing in Pulte Homes Inc. for a number of months, seems to be less bullish one the $8.45B market cap company. The stock increased 0.07% or $0.02 during the last trading session, reaching $29.48. About 4.00M shares traded. PulteGroup, Inc. (NYSE:PHM) has risen 30.02% since February 15, 2017 and is uptrending. It has outperformed by 13.32% the S&P500.

Wafra Investment Advisory Group Inc, which manages about $7.55 billion and $2.06 billion US Long portfolio, upped its stake in Citizens Financial Group (NYSE:CFG) by 86,695 shares to 181,252 shares, valued at $6.86 million in 2017Q3, according to the filing. It also increased its holding in Home Depot Inc. (NYSE:HD) by 37,888 shares in the quarter, for a total of 157,554 shares, and has risen its stake in Apple Inc. (NASDAQ:AAPL).

More news for PulteGroup, Inc. (NYSE:PHM) were recently published by: Streetinsider.com, which released: “Form 4 PULTEGROUP INC/MI/ For: Feb 12 Filed by: OShaughnessy Robert” on February 15, 2018. Globenewswire.com‘s article titled: “PulteGroup Announces $500 Million Increase to Share Repurchase Plan” and published on January 30, 2018 is yet another important article.

PulteGroup, Inc. (NYSE:PHM) Ratings Coverage

Among 22 analysts covering PulteGroup (NYSE:PHM), 7 have Buy rating, 2 Sell and 13 Hold. Therefore 32% are positive. PulteGroup had 67 analyst reports since September 11, 2015 according to SRatingsIntel. On Tuesday, June 27 the stock rating was maintained by Bank of America with “Buy”. The rating was downgraded by Barclays Capital on Tuesday, July 11 to “Equal-Weight”. On Friday, January 8 the stock rating was upgraded by Raymond James to “Outperform”. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, January 27. The company was maintained on Tuesday, October 31 by KeyBanc Capital Markets. The firm has “Market Perform” rating given on Monday, April 25 by Raymond James. As per Sunday, August 20, the company rating was maintained by RBC Capital Markets. The stock of PulteGroup, Inc. (NYSE:PHM) earned “Buy” rating by Bank of America on Friday, January 27. Wedbush maintained the shares of PHM in report on Wednesday, April 26 with “Underperform” rating. As per Tuesday, November 14, the company rating was downgraded by Buckingham Research.

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