Dupont Capital Management Corp Boosts Stake in TRI Pointe Group Inc (NYSE:TPH)

Share on StockTwits

Dupont Capital Management Corp raised its holdings in TRI Pointe Group Inc (NYSE:TPH) by 48.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,897 shares of the construction company’s stock after purchasing an additional 4,197 shares during the quarter. Dupont Capital Management Corp’s holdings in TRI Pointe Group were worth $194,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of TPH. Tower Research Capital LLC TRC purchased a new stake in shares of TRI Pointe Group in the 2nd quarter valued at $31,000. NumerixS Investment Technologies Inc raised its holdings in shares of TRI Pointe Group by 53.8% in the 2nd quarter. NumerixS Investment Technologies Inc now owns 4,000 shares of the construction company’s stock valued at $48,000 after buying an additional 1,400 shares during the period. Signaturefd LLC raised its holdings in shares of TRI Pointe Group by 16.9% in the 3rd quarter. Signaturefd LLC now owns 4,617 shares of the construction company’s stock valued at $69,000 after buying an additional 667 shares during the period. Public Employees Retirement System of Ohio raised its holdings in shares of TRI Pointe Group by 12.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 9,581 shares of the construction company’s stock valued at $115,000 after buying an additional 1,023 shares during the period. Finally, GAM Holding AG purchased a new stake in shares of TRI Pointe Group in the 2nd quarter valued at $138,000.

TPH has been the topic of several research analyst reports. Zacks Investment Research upgraded TRI Pointe Group from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Friday, October 18th. Royal Bank of Canada set a $18.00 price objective on TRI Pointe Group and gave the company a “buy” rating in a report on Friday, November 1st. ValuEngine upgraded TRI Pointe Group from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th. B. Riley set a $18.00 price objective on TRI Pointe Group and gave the company a “buy” rating in a report on Tuesday, October 15th. Finally, TheStreet upgraded TRI Pointe Group from a “c+” rating to a “b” rating in a report on Wednesday, September 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $15.50.

TPH opened at $15.03 on Friday. TRI Pointe Group Inc has a 12 month low of $10.37 and a 12 month high of $16.33. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 7.91, a PEG ratio of 1.10 and a beta of 1.14. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.51 and a quick ratio of 0.51. The business has a fifty day moving average price of $15.23 and a 200 day moving average price of $13.69.

TRI Pointe Group (NYSE:TPH) last released its earnings results on Thursday, October 31st. The construction company reported $0.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.08. TRI Pointe Group had a return on equity of 9.72% and a net margin of 6.14%. The firm had revenue of $746.27 million during the quarter, compared to analysts’ expectations of $687.49 million. During the same period in the previous year, the firm posted $0.43 EPS. TRI Pointe Group’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, research analysts anticipate that TRI Pointe Group Inc will post 1.31 earnings per share for the current year.

TRI Pointe Group Company Profile

TRI Pointe Group, Inc engages in the design, construction, and sale of single-family detached and attached homes in the United States. It operates a portfolio of 6 brands across 10 states, including Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and Colorado; and Winchester Homes in Maryland and Virginia.

See Also: How are Outstanding Shares Different from Authorized Shares?

Institutional Ownership by Quarter for TRI Pointe Group (NYSE:TPH)

Receive News & Ratings for TRI Pointe Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TRI Pointe Group and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.