Shares of PulteGroup, Inc. (PHM) Sees Large Inflow of Net Money Flow

PulteGroup, Inc. (PHM) witnessed a selling pressure and the shares last traded with a loss of -0.04 points or -0.19% at $21.47. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $0.81 million with an inflow of $1.46 million in upticks and an outflow of $0.65 million in downticks. Using the data, the up/down ratio is found to be 2.24. The share price has recorded 0.99% on a weekly basis.A block trade of $0.59 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $0.59, signaling heavy buying.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of PulteGroup, Inc. rose by 3.77% in the last five trading days and 15.4% for the last 4 weeks. PulteGroup, Inc. is up 14.58% in the last 3-month period. Year-to-Date the stock performance stands at 15.4%. PulteGroup, Inc. (NYSE:PHM) witnessed a decline in the market cap on Wednesday as its shares dropped 1.39% or 0.3 points. After the session commenced at $21.54, the stock reached the higher end at $21.64 while it hit a low of $21.18. With the volume soaring to 8,274,866 shares, the last trade was called at $21.21. The company has a 52-week high of $22.4. The company has a market cap of $7,015 million and there are 330,739,750 shares in outstanding. The 52-week low of the share price is $15.21.

Company has reported several Insider transactions to the SEC, on Jan 26, 2017, Richard J Jr Dugas (director) sold 341,222 shares at 20.66 per share price.On Jul 28, 2016, Harmon D Smith (EVP & Chief Operating Officer) sold 53,582 shares at 22.05 per share price.On Jul 28, 2016, Steven M Cook (EVP, Ch. Legal Ofcr, Corp Secy) sold 20,000 shares at 22.06 per share price.

PulteGroup Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $0.59. The company had revenue of $2493.08 million for the quarter, compared to analysts expectations of $2329.82 million. The companys revenue was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.PulteGroup was Upgraded by BofA/Merrill to Buy on Jan 27, 2017. Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Outperform, Raises Price Target to $ 24 from a previous price target of $22 .PulteGroup was Initiated by Barclays on Jan 6, 2017 to Overweight, Price Target of the shares are set at $21.

Pulte Corporation is a publicly held holding company whose subsidiaries engage in the homebuilding and financial services businesses. The companys significant subsidiaries include Pulte Financial Companies, Inc., Pulte Diversified Companies, Inc., and other subsidiaries which are engaged in the homebuilding business.


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