Lennar Corp. (NYSE:LEN) is set to post its Q316 quarterly earnings results on Tuesday, September 20th.

Shares of Lennar Corp. (NYSE:LEN) opened at 44.34 on Monday. The stock has a 50 day moving average price of $46.82 and a 200-day moving average price of $46.47. The company has a market capitalization of $9.72 billion, a PE ratio of 11.84 and a beta of 1.37. Lennar Corp. has a 52 week low of $37.14 and a 52 week high of $54.23.

Several research firms have recently issued reports on LEN. Argus began coverage on Lennar Corp. in a report on Tuesday, July 5th. They set a “buy” rating and a $59.00 target price on the stock. Credit Suisse Group AG reissued a “hold” rating on shares of Lennar Corp. in a report on Tuesday, June 28th. MKM Partners set a $52.00 target price on Lennar Corp. and gave the stock a “hold” rating in a report on Wednesday, September 14th. Zacks Investment Research lowered Lennar Corp. from a “buy” rating to a “hold” rating in a research note on Monday, August 29th. Finally, FBR & Co reaffirmed an “outperform” rating and issued a $60.00 price objective on shares of Lennar Corp. in a research note on Wednesday, June 22nd. Six analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $55.10.

Large investors have recently modified their holdings of the company. Thrivent Financial for Lutherans increased its stake in shares of Lennar Corp. by 712.3% in the second quarter. Thrivent Financial for Lutherans now owns 341,558 shares of the company’s stock worth $15,746,000 after buying an additional 299,508 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in shares of Lennar Corp. by 13.1% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,219,725 shares of the company’s stock worth $56,230,000 after buying an additional 141,325 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of Lennar Corp. by 260.2% in the second quarter. Hsbc Holdings PLC now owns 184,613 shares of the company’s stock worth $8,510,000 after buying an additional 133,364 shares during the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of Lennar Corp. by 25.6% in the second quarter. Parametric Portfolio Associates LLC now owns 431,337 shares of the company’s stock worth $19,885,000 after buying an additional 87,877 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky increased its stake in shares of Lennar Corp. by 45.8% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 260,200 shares of the company’s stock worth $11,996,000 after buying an additional 81,700 shares during the last quarter. Institutional investors and hedge funds own 86.40% of the company’s stock.

About Lennar Corp.

Lennar Corporation is a homebuilder that operates in various states with deliveries of over 24,290 new homes. The Company’s segments include Homebuilding activities, which include Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston; Lennar Financial Services; Rialto, and Lennar Multifamily.

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