Advisory Research Inc. continued to hold its position in PulteGroup, Inc. (NYSE:PHM) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,049 shares of the construction company’s stock at the close of the second quarter. Advisory Research Inc.’s holdings in PulteGroup were worth $1,226,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Peloton Wealth Strategists increased its holdings in PulteGroup by 4.7% in the second quarter. Peloton Wealth Strategists now owns 89,700 shares of the construction company’s stock valued at $2,200,000 after buying an additional 4,000 shares in the last quarter. Hartwell J M Limited Partnership increased its holdings in PulteGroup by 4.3% in the second quarter. Hartwell J M Limited Partnership now owns 22,850 shares of the construction company’s stock valued at $561,000 after buying an additional 950 shares in the last quarter. Aviva PLC increased its holdings in PulteGroup by 9.5% in the second quarter. Aviva PLC now owns 179,277 shares of the construction company’s stock valued at $4,399,000 after buying an additional 15,540 shares in the last quarter. Mirador Capital Partners LP increased its holdings in PulteGroup by 3.7% in the second quarter. Mirador Capital Partners LP now owns 48,655 shares of the construction company’s stock valued at $1,246,000 after buying an additional 1,728 shares in the last quarter. Finally, HAP Trading LLC increased its holdings in PulteGroup by 26.7% in the second quarter. HAP Trading LLC now owns 96,520 shares of the construction company’s stock valued at $2,368,000 after buying an additional 20,336 shares in the last quarter. 85.71% of the stock is owned by institutional investors.

PulteGroup (NYSE:PHM) last announced its quarterly earnings results on Tuesday, July 25th. The construction company reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.02. The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.03 billion. PulteGroup had a net margin of 7.35% and a return on equity of 13.43%. The business’s revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.37 EPS.

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 3rd. Stockholders of record on Tuesday, September 19th were issued a $0.09 dividend. The ex-dividend date of this dividend was Monday, September 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.33%. PulteGroup’s dividend payout ratio is presently 20.00%.

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A number of research analysts have weighed in on PHM shares. FBR & Co reaffirmed an “outperform” rating and issued a $28.00 price objective (up previously from $26.00) on shares of PulteGroup in a report on Wednesday, July 26th. Zacks Investment Research raised shares of PulteGroup from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research note on Tuesday, July 4th. MKM Partners reissued a “neutral” rating on shares of PulteGroup in a research note on Tuesday, September 5th. Wedbush reissued a “neutral” rating and set a $22.00 target price on shares of PulteGroup in a research note on Tuesday, July 25th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $28.00 target price on shares of PulteGroup in a research note on Monday, September 25th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $25.45.

PulteGroup Profile

PulteGroup, Inc is a homebuilder in the United States. The Company’s segments include Homebuilding and Financial Services. Its Homebuilding operations are engaged in the acquisition and development of land primarily for residential purposes within the United States and the construction of housing on such land.

Institutional Ownership by Quarter for PulteGroup (NYSE:PHM)

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