The Top Three Holders Of Lennar Corporation (LEN)

Doris Richards
April 17, 2018

The construction company reported $1.11 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.76 by $0.35.

Earnings per Share Details of Lennar Corporation: The EPS of LEN is strolling at 3.35, measuring its EPS growth this year at -15.4 percent. $73.42's average target is 27.40% above currents $57.63 stock price. As the earnings per share (EPS) formula is stated as earnings available to common shareholders divided by number of common stock shares outstanding, therefore its diluted EPS is calculated to be 1.07 (ttm).

LEN has been the subject of a number of other reports. Zacks' earnings per share calculations are a mean average based on a survey of analysts that that provide coverage for Lennar. Wedbush set a $60.00 price objective on shares of Lennar and gave the stock a hold rating in a research note on Thursday, January 4th. Now it has a market worth of $18814.11M. San Francisco Sentry Group Inc Inc (Ca) reported 0% in Lennar Corporation (NYSE:LEN). Bank of America maintained Lennar Corporation (NYSE:LEN) rating on Wednesday, October 4.

Analysts have a mean recommendation of 2.20 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). KBW's target indicates a potential upside of 28.41 % from the company's last price.

Shares of Lennar stock opened at $56.94 on Thursday. Higher the beta discloses more riskiness and lower the beta lower the risk. Incline Global Management Llc bought 1.19 million shares as the company's stock declined 7.91% with the market. At the same time as, it has debt to equity ratio of 0.89 and similar long term debt to equity ratio was 0.89. SONNENFELD JEFFREY sold $131,943 worth of Lennar Corporation (NYSE:LEN) on Friday, April 6.

Shares of optical components makers Acacia Communications, Oclaro, Lumentum and Finisar took a beating after Reuters reported that the USA government was banning American companies from selling components to Chinese telecom equipment maker ZTE Corp 0000063.SZ (0763.HK). Operating Margin is seen at 6.3 percent. The current analyst consensus rating clocked at 3.2.The technical indicator does not lead us to believe the stock will see more gains/loss anytime soon. During the same quarter a year ago, the business posted $0.59 EPS. The company's quarterly revenue was up 27.5% compared to the same quarter a year ago. Itau Unibanco Holding S.A. acquired a new position in shares of Lennar in the 4th quarter valued at about $103,000. The company now has an average volume of 5.22 Million. The shares were sold at an average price of $62.98, for a total value of $131,943.10. Ltd. grew its position in Lennar by 0.3% during the third quarter.

Investors may be tracking certain levels on shares of Lennar Corp (LEN). Brown Advisory Inc. boosted its holdings in Lennar by 35.5% during the 3rd quarter. The stock's price to sales ratio for trailing twelve months is 1.36 and price to book ratio for the most recent quarter is 1.11, whereas price to cash per share for the most recent quarter are 17.52. Corient Capital Partners LLC grew its position in Lennar by 6.8% during the fourth quarter. Md Sass Investors Services Inc sold 126,285 shares as the company's stock declined 8.33% with the market. It also increased its holding in Snap On Inc (NYSE:SNA) by 43,990 shares in the quarter, for a total of 160,040 shares, and has risen its stake in Chubb Limited. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hedge funds and other institutional investors own 88.68% of the company's stock. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. The shares were sold at an average price of $69.50, for a total transaction of $695,000.00. Following the transaction, the director now directly owns 32,072 shares in the company, valued at approximately $2,019,894.56. Mizuho raised shares of Lennar from a "neutral" rating to a "buy" rating in a research report on Thursday, January 18th. Following the completion of the sale, the chief financial officer now owns 356,043 shares of the company's stock, valued at $25,635,096. The disclosure for this sale can be found here.

Given the stock's recent action, it seemed like a good time to take a closer look at the company's current data.

Multiple company employees have indulged in significant insider trading.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 9th. The ex-dividend date of this dividend is Tuesday, April 24th.

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