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Discovering Momentum Stocks: PulteGroup, Inc. (PHM), Sanchez Energy Corporation (SN)

Alliancebernstein L.P. lowered its stake in shares of PulteGroup, Inc. (NYSE:PHM) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Following the transaction, the chief operating officer now owns 249,547 shares of the company's stock, valued at $5,340,305.80. Northwestern Mutual Wealth Management Co. raised its stake in PulteGroup by 12.4% during the first quarter. AQR Capital Management LLC now owns 403,459 shares of the company's stock valued at $7,416,000 after buying an additional 383,000 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft MBH purchased a new position in PulteGroup during the second quarter worth approximately $2,631,000. Finally, Commerce Bank purchased a new stake in PulteGroup during the first quarter valued at $207,000.

ILLEGAL ACTIVITY WARNING: "State of Wisconsin Investment Board Boosts Stake in PulteGroup, Inc". (NYSE:PHM) for 3 shares. If you are viewing this news story on another site, it was copied illegally and reposted in violation of worldwide copyright & trademark law. The legal version of this article can be accessed at https://www.truebluetribune.com/2017/09/15/pultegroup-inc-phm-shares-bought-by-state-of-wisconsin-investment-board.html.

Several equities research analysts have recently issued reports on PHM shares. Finally, Citigroup Inc. increased their price objective on shares of PulteGroup from $23.00 to $26.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 26th. Zacks Investment Research upgraded shares of PulteGroup from a "hold" rating to a "buy" rating and set a $27.00 target price for the company in a research report on Tuesday, July 4th. BidaskClub cut shares of PulteGroup from a "strong-buy" rating to a "buy" rating in a research report on Thursday, July 13th. MKM Partners reiterated a "neutral" rating on shares of PulteGroup in a research report on Tuesday, September 5th. The rating was upgraded by Wedbush on Thursday, July 13 to "Neutral". The consensus analyst target price is $26.07.

PulteGroup, Inc. has a beta of 1.69, offering the possibility of a higher rate of return, but also posing more risk.

Shares of Sanchez Energy Corporation (NYSE:SN) traded up 0.89% in the last session while performance was up 4.55% in the last five days. The firm's 50 day moving average is $25.39 and its 200 day moving average is $23.96. While the company's share hit the 52 week high on 09/13/17 stationing the value of $26.64.

Another critical number in evaluating a stock is P/E or Price to Earnings ratio. Revenue during the quarter was $2.02 billion, representing 12% growth from $1.8 billion in year-ago quarter. The construction business posted $0.47 EPS (EPS) for the period, exceeding Thomson Reuters' average forecast of $0.45 by $0.02. the business reported sales of $2.02 B for the period, compared to analysts' anticipations of $2.03 B. PulteGroup had a ROE of 13.43% and a net profit margin of 7.35%. During the same period in the prior year, the company posted $0.57 EPS. If they do continue, the current estimated yields on annualized basis would be 1.38% for PulteGroup Inc, 2.35% for Best Buy Inc, and 3.05% for Eversource Energy. Stockholders of record on Tuesday, September 19th will be paid a $0.09 dividend. Its down 0.31, from 1.22 in 2016Q3. The ex-dividend date is Wednesday, March 8th.

Let's have a look at some of the important valuation ratios of the PulteGroup, Inc.

PulteGroup, Inc is a homebuilder operating in the United States. The Company's segments include Homebuilding and Financial Services.



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