Shares of Lennar Corporation (LEN) Sees Large Inflow of Net Money Flow

Shares of Lennar Corporation (LEN) saw an erosion of -0.1 points in recent session. During the trading, the value of each share was $44.55, dropping -0.22%. The shares saw high fund-flow as the composite value of all the upticks was $20.3 million and the total value of all the downticks was a mere $13.98 million. The net money flow was seen at $6.32 million and the up/down ratio was measured at 1.45. On a weekly basis the shares of the shares has recorded a change of -2.71%.The block trade which occurred today had $1.03 million in upticks and $0 million in downticks with the up/down ratio climbing to 0. $1.03 million was the net money flow of the block transaction.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Lennar Corporation has dropped 4.35% in the last five trading days, however, the shares have posted positive gains of 4.66% in the last 4 weeks. Lennar Corporation is up 7.77% in the last 3-month period. Year-to-Date the stock performance stands at 4.66%. Lennar Corporation (NYSE:LEN) rose 0.54% or 0.24 points on Wednesday and made its way into the gainers of the day. After trading began at $44.74 the stock was seen hitting $45.17 as a peak level and $44.04 as the lowest level. The stock ended up at $44.89. The daily volume was measured at 4,335,704 shares. The 52-week high of the share price is $49.6 and the 52-week low is $37.14. The company has a market cap of $10,526 million.

Company has reported several Insider transactions to the SEC, on Jan 5, 2017, Jonathan M Jaffe (Vice President/COO) sold 20,000 shares at 43.05 per share price.On Sep 2, 2016, Irving Bolotin (director) sold 75,228 shares at 31.23 per share price.On Apr 8, 2016, Sherrill W Hudson (director) sold 2,500 shares at 47.54 per share price.

Lennar Corporation Last issued its quarterly earnings results on Dec 19, 2016. The company reported $1.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $1.27. The company had revenue of $3376.60 million for the quarter, compared to analysts expectations of $3314.39 million. The companys revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Lennar Corporation was Initiated by Barclays on Jan 6, 2017 to Overweight, Price Target of the shares are set at $50.

Lennar Corp is one of the nations leading builders of quality homes for all generations, building affordable, move-up and retirement homes. Under the Lennar Family of Builders banner, the Company includes the following brand names: Lennar Homes, U.S. Home, Greystone Homes, Village Builders, Renaissance Homes, Orrin Thompson Homes, Lundgren Bros., Winncrest Homes, Sunstar Communities, Don Galloway Homes, Patriot Homes, NuHome, Barry Andrews Homes, Concord Homes, Summit Homes, Cambridge Homes, Seppala Homes, Genesee and Rutenberg Homes.


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