Hudson Capital Management LLC acquired a new position in PulteGroup, Inc. (NYSE:PHM) in the 4th quarter, HoldingsChannel reports. The firm acquired 40,399 shares of the construction company’s stock, valued at approximately $1,343,000. PulteGroup accounts for approximately 1.0% of Hudson Capital Management LLC’s portfolio, making the stock its 28th largest holding.

Several other large investors also recently bought and sold shares of the company. Flinton Capital Management LLC increased its stake in shares of PulteGroup by 0.4% in the 2nd quarter. Flinton Capital Management LLC now owns 12,288 shares of the construction company’s stock worth $302,000 after purchasing an additional 48 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of PulteGroup by 3.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the construction company’s stock worth $100,000 after purchasing an additional 148 shares in the last quarter. Riverhead Capital Management LLC increased its stake in shares of PulteGroup by 1.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 13,673 shares of the construction company’s stock worth $336,000 after purchasing an additional 159 shares in the last quarter. Thrivent Financial For Lutherans boosted its holdings in PulteGroup by 2.2% in the 2nd quarter. Thrivent Financial For Lutherans now owns 10,722 shares of the construction company’s stock worth $263,000 after buying an additional 230 shares during the period. Finally, IHT Wealth Management LLC boosted its holdings in PulteGroup by 68.5% in the 2nd quarter. IHT Wealth Management LLC now owns 984 shares of the construction company’s stock worth $1,017,000 after buying an additional 400 shares during the period. Hedge funds and other institutional investors own 83.37% of the company’s stock.

PulteGroup, Inc. (PHM) traded up $0.55 on Tuesday, hitting $35.15. 3,933,400 shares of the company’s stock traded hands, compared to its average volume of 3,753,864. PulteGroup, Inc. has a twelve month low of $19.02 and a twelve month high of $35.19. The company has a market cap of $10,230.00, a P/E ratio of 17.23, a PEG ratio of 0.56 and a beta of 1.21. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.25 and a quick ratio of 0.25.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 3rd. Shareholders of record on Tuesday, December 12th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend was Monday, December 11th. PulteGroup’s dividend payout ratio (DPR) is presently 17.65%.

In other PulteGroup news, insider James R. Ellinghausen sold 136,912 shares of the stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $29.70, for a total transaction of $4,066,286.40. Following the completion of the transaction, the insider now owns 294,369 shares of the company’s stock, valued at approximately $8,742,759.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider James R. Ellinghausen sold 67,490 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $32.35, for a total transaction of $2,183,301.50. The disclosure for this sale can be found here. Insiders have sold a total of 297,202 shares of company stock valued at $9,394,580 in the last three months. Insiders own 0.71% of the company’s stock.

Several research analysts recently weighed in on PHM shares. UBS Group started coverage on shares of PulteGroup in a report on Wednesday, October 25th. They issued a “buy” rating and a $38.00 target price for the company. Zacks Investment Research downgraded shares of PulteGroup from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Citigroup downgraded shares of PulteGroup from a “neutral” rating to a “sell” rating and set a $26.00 target price for the company. in a report on Friday, October 20th. Credit Suisse Group set a $35.00 target price on shares of PulteGroup and gave the stock a “buy” rating in a report on Tuesday, October 24th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $22.00 target price (down previously from $27.00) on shares of PulteGroup in a report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, nine have given a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $32.38.

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About PulteGroup

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.

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Institutional Ownership by Quarter for PulteGroup (NYSE:PHM)

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