Published: Mon, April 16, 2018
Medical | By Johnnie Horton

TRI Pointe Group (TPH) Expected to Announce Quarterly Sales of $551.67 Million


Moreover, Adirondack Research & Management Inc. has 1.96% invested in the company for 279,042 shares. The company had a trading volume of 1,526,074 shares, compared to its average volume of 1,217,363. The Home Depot, Inc. 21 investors sold all, 81 reduced holdings as TRI Pointe Group, Inc. ratio is positive. That's change of 0.21, from 2017Q3's 0.87. The ratio has increased, as 110 investment managers increased and opened new positions, while 102 sold and decreased their stock positions in Tri Pointe Homes Inc. Funds hold 161.87 million shares thus 1.81% less from 2017Q3's 164.86 million shares. Four analysts have provided estimates for TRI Pointe Group's earnings. 60 increased holdings while 50 funds bought holdings. ValuEngine raised TRI Pointe Group from a "buy" rating to a "strong-buy" rating in a research note on Sunday, December 31st. Central Securities Corp owns 700,000 shares or 2.01% of their U.S. portfolio. LS Investment Advisors LLC now owns 20,017 shares of the construction company's stock valued at $359,000 after buying an additional 7,923 shares during the last quarter. New York State Common Retirement Fund reported 168,300 shs. Jennison Ltd Liability Corp invested 0% in TRI Pointe Group, Inc.

Other analysts also recently issued research reports about the company. During the same period past year, the company posted $0.36 earnings per share. TPH's profit could reach $36.34M with 17.49 P/E in case $0.24 EPS is published. MetLife Investment Advisors LLC purchased a new position in shares of TRI Pointe Group in the fourth quarter worth about $2,893,000.

Shares of TPH stock traded up $0.38 during midday trading on Monday, hitting $16.43. Dreman Value Management L L C has invested 0.14% in TRI Pointe Group, Inc. (NYSE:TPH) has risen 30.16% since April 14, 2017 and is uptrending. TPH outperformed the S&P500 by 18.61%. 75,000 shs were sold by BAUER DOUGLAS F., worth $1.35 million on Tuesday, January 2.

Verizon Communicatio En (VZ) Stake Held by Hexavest Inc
Delphi Private Advisors LLC bought a new position in Verizon Communications in the 4th quarter worth approximately $141,000. Ionic Capital Management Llc decreased Verizon Communications Inc (Put) (VZ) stake by 61.24% reported in 2017Q4 SEC filing.

TRI Pointe Group, Inc., through its subsidiary, TRI Pointe Homes, Inc., engages in the design, construction, and sale of single-family attached and detached homes in the United States. For the next year, analysts anticipate that the firm will report sales of $3.60 billion per share, with estimates ranging from $3.40 billion to $4.08 billion. It also manufactures and sells land and lots.13.88 is the P/E ratio. The Company's homebuilding operation consists of six segments: Maracay Homes, including operations in Arizona; Pardee Homes, consisting of operations in California and Nevada; Quadrant Homes, consisting of operations in Washington; Trendmaker Homes, consisting of operations in Texas; TRI Pointe Homes, consisting of operations in California and Colorado, and Winchester Homes, consisting of operations in Maryland and Virginia. 71% are bullish. 9 are the (NYSE:TPH)'s analyst reports since October 26, 2017 according to StockzIntelligence Inc. Zacks Investment Research raised shares of TRI Pointe Group from a "hold" rating to a "buy" rating and set a $21.00 price objective on the stock in a research note on Saturday, January 6th. The lowest target is $15.0 while the high is $24.0. They issued a "buy" rating and a $14.00 price objective on the stock. TPH was included in 4 notes of analysts from September 20, 2016. On Thursday, January 4 the stock has "Buy" rating by Susquehanna. On Friday, December 29 the rating was maintained by Wedbush with "Outperform". On Thursday, October 26 the firm earned "Market Outperform" rating by JMP Securities.

Big Money Sentiment increased to 1.08 in 2017 Q4. Moneta Grp Invest Advsrs Llc holds 0.01% of its portfolio in The Home Depot, Inc. (NYSE:HD) for 321 shares. Alphamark Ltd Co owns 0.05% invested in The Home Depot, Inc. Citadel Ltd Liability Com holds 1.22M shs or 0.01% of its capital. Shell Asset Company stated it has 0.91% of its portfolio in The Home Depot, Inc. BlackRock Inc. now owns 19,037,872 shares of the construction company's stock valued at $341,159,000 after buying an additional 729,721 shares during the period. Janney Capital Mgmt Limited accumulated 0.06% or 7,162 shares. Pittenger And Anderson Incorporated, a Nebraska-based fund reported 15,830 shares. (NYSE:HD). Lombard Odier Asset Mgmt (Switzerland) reported 1.41% of its portfolio in The Home Depot, Inc. For the next financial year, analysts forecast that the business will report earnings of $2.13 per share, with EPS estimates ranging from $1.96 to $2.45. The construction company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.06.

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