Meritage Homes Corp (MTH) Position Cut by Wells Fargo & Company MN

Lloyd Doyle
January 20, 2018

Accern also gave media coverage about the construction company an impact score of 45.41124383368 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. The stock increased 2.53% or $1.3 during the last trading session, reaching $52.65. The company's stock had a trading volume of 298,626 shares, compared to its average volume of 412,177.

News articles about Meritage Homes (NYSE:MTH) have trended somewhat positive on Saturday, Accern reports. Lemaitre Vascular Inc. now has $633.05 million valuation. About 136,203 shares traded. FutureFuel Corp. (NYSE:FF) has risen 52.50% since January 19, 2017 and is uptrending. It has outperformed by 35.80% the S&P500. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Therefore 12% are positive. The lowest target is $28 while the high is $57.0. They set a "neutral" rating and a $52.00 price objective for the company. Meritage had 48 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has "Sell" rating given on Thursday, September 10 by UBS. The firm has "Sector Perform" rating by FBN Securities given on Monday, April 18. The rating was downgraded by Zelman on Monday, July 11 to "Hold". As per Tuesday, August 1, the company rating was maintained by Keefe Bruyette & Woods. Finally, ValuEngine upgraded Meritage Homes from a "buy" rating to a "strong-buy" rating in a report on Sunday, December 31st. The rating was upgraded by JP Morgan on Friday, September 11 to "Neutral".

Meritage Homes (NYSE:MTH) last posted its quarterly earnings data on Friday, October 27th.

More notable recent Meritage Homes Corporation (NYSE:MTH) news were published by: which released: "Meritage Homes Third Quarter 2017 Earnings Release and Webcast Conference Call ..." on September 29, 2017, also with their article: "How Meritage Homes Corp". Zurcher Kantonalbank (Zurich Cantonalbank) has 2,541 shares for 0% of their portfolio. MTH's profit would be $50.40 million giving it 10.53 P/E if the $1.25 EPS is correct. After having $1.02 EPS previously, Meritage Homes Corporation's analysts see 22.55% EPS growth.

Since December 12, 2017, it had 0 buys, and 1 insider sale for $605,640 activity.

Investors sentiment increased to 1.25 in Q3 2017. Its up 0.42, from 1.23 in 2017Q2. Dupont Capital has invested 0.01% in Meritage Homes Corporation (NYSE:MTH). Sold All: 14 Reduced: 41 Increased: 55 New Position: 14. Pnc Fincl Services Grp holds 0% of its portfolio in Meritage Homes Corporation (NYSE:MTH) for 2,097 shares. Pub Employees Retirement Association Of Colorado holds 7,640 shares or 0% of its portfolio. Glenmede Na owns 0% invested in Meritage Homes Corporation (NYSE:MTH) for 110 shares. Moreover, South Dakota Investment Council has 0.86% invested in the company for 961,224 shares. Balyasny Asset Management LLC raised its position in shares of Meritage Homes by 91.6% during the 2nd quarter. 316,412 were reported by Citadel Advsr Ltd Llc. Royal Natl Bank Of Canada reported 0% in Meritage Homes Corporation (NYSE:MTH).

Meritage Homes Corporation designs and manufactures single-family homes in the United States. Legal And General Group Public Limited Company stated it has 0% in Meritage Homes Corporation (NYSE:MTH). Barclays Public Limited Liability stated it has 0% of its portfolio in Meritage Homes Corporation (NYSE:MTH). The New York-based Sanders Capital Llc has invested 0.85% in the stock. Morgan Stanley invested in 0% or 258,591 shares. Comerica Bank & Trust reported 0.01% stake.

Several hedge funds have recently bought and sold shares of MTH. (NASDAQ:LMAT). Driehaus Cap Management Ltd Liability Corporation holds 0.25% or 170,672 shares. Emerald Advisers Inc Pa owns 509,502 shares or 0.92% of their USA portfolio. (NASDAQ:LMAT). Tci Wealth Advisors invested in 34 shares. Aqr Capital Mgmt Ltd Com owns 0.01% invested in FutureFuel Corp. (NASDAQ:LMAT). Awm Inv Company invested in 3.67% or 561,768 shares. Menta Capital Ltd Liability Company accumulated 15,785 shares. Thomson Horstmann Bryant Inc owns 322,355 shares. Atlantic Gp Lc stated it has 11,098 shares. FutureFuel had 4 analyst reports since October 2, 2015 according to SRatingsIntel. The stock of LeMaitre Vascular, Inc. Sidoti downgraded LeMaitre Vascular, Inc. As per Thursday, February 25, the company rating was maintained by Barrington Research. FBR Capital maintained it with "Mkt Perform" rating and $40 target in Monday, November 2 report. (NYSE:FF) rating on Friday, October 2. The company was maintained on Tuesday, May 3 by Canaccord Genuity. The company was maintained on Monday, October 30 by Citigroup.

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