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Pulte Group (PHM) Share Price Declined While Btc Capital Management Decreased Its Stake; Pnc Financial Services Group Has Lifted Its Carmax (KMX) Stake

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Btc Capital Management Inc decreased its stake in Pulte Group Inc (PHM) by 20.42% based on its latest 2017Q4 regulatory filing with the SEC. Btc Capital Management Inc sold 27,979 shares as the company’s stock declined 12.41% with the market. The institutional investor held 109,037 shares of the capital goods company at the end of 2017Q4, valued at $3.62 million, down from 137,016 at the end of the previous reported quarter. Btc Capital Management Inc who had been investing in Pulte Group Inc for a number of months, seems to be less bullish one the $8.54 billion market cap company. The stock increased 1.12% or $0.33 during the last trading session, reaching $29.91. About 3.36 million shares traded. PulteGroup, Inc. (NYSE:PHM) has risen 24.54% since May 20, 2017 and is uptrending. It has outperformed by 12.99% the S&P500.

Pnc Financial Services Group Inc increased its stake in Carmax Inc (KMX) by 5.4% based on its latest 2017Q4 regulatory filing with the SEC. Pnc Financial Services Group Inc bought 10,829 shares as the company’s stock declined 8.40% with the market. The institutional investor held 211,418 shares of the automotive aftermarket company at the end of 2017Q4, valued at $13.56 million, up from 200,589 at the end of the previous reported quarter. Pnc Financial Services Group Inc who had been investing in Carmax Inc for a number of months, seems to be bullish on the $11.73 billion market cap company. The stock decreased 1.27% or $0.85 during the last trading session, reaching $65.87. About 1.24M shares traded. CarMax, Inc. (NYSE:KMX) has risen 1.49% since May 20, 2017 and is uptrending. It has underperformed by 10.06% the S&P500.

Pnc Financial Services Group Inc, which manages about $103.04B US Long portfolio, decreased its stake in Range Res Corp (NYSE:RRC) by 48,000 shares to 46,413 shares, valued at $791,000 in 2017Q4, according to the filing. It also reduced its holding in Arrow Electrs Inc (NYSE:ARW) by 6,831 shares in the quarter, leaving it with 14,820 shares, and cut its stake in Advanced Micro Devices Inc (NASDAQ:AMD).

Among 18 analysts covering Carmax Inc (NYSE:KMX), 9 have Buy rating, 2 Sell and 7 Hold. Therefore 50% are positive. Carmax Inc had 65 analyst reports since August 3, 2015 according to SRatingsIntel. Buckingham Research initiated CarMax, Inc. (NYSE:KMX) on Friday, November 13 with “Buy” rating. On Monday, March 28 the stock rating was downgraded by Sterne Agee CRT to “Neutral”. The rating was maintained by Oppenheimer on Monday, April 24 with “Buy”. As per Friday, December 22, the company rating was maintained by Susquehanna. The firm has “Outperform” rating given on Tuesday, January 12 by Oppenheimer. The rating was downgraded by Susquehanna on Thursday, June 22 to “Neutral”. The rating was maintained by RBC Capital Markets on Monday, February 12 with “Buy”. Vetr upgraded CarMax, Inc. (NYSE:KMX) rating on Wednesday, September 2. Vetr has “Strong-Buy” rating and $66.98 target. The firm has “Outperform” rating given on Friday, April 6 by Credit Suisse. The rating was maintained by Deutsche Bank with “Hold” on Friday, April 8.

More news for CarMax, Inc. (NYSE:KMX) were recently published by: Seekingalpha.com, which released: “Tracking Lou Simpson’s SQ Advisors Portfolio – Q1 2018 Update” on May 18, 2018. Fool.com‘s article titled: “7 Car-Shopping Tips for First-Time Buyers” and published on May 17, 2018 is yet another important article.

Since December 15, 2017, it had 2 insider buys, and 10 insider sales for $11.48 million activity. FOLLIARD THOMAS J also sold $565,120 worth of CarMax, Inc. (NYSE:KMX) on Thursday, February 1. $217,767 worth of stock was sold by GOODMAN SHIRA on Wednesday, April 11. GRAFTON W ROBERT bought $2,280 worth of CarMax, Inc. (NYSE:KMX) on Friday, December 29. Another trade for 49,714 shares valued at $3.13 million was sold by Wood William C Jr.. Shares for $478,064 were sold by Newberry Darren C on Tuesday, January 16. Shares for $310,600 were bought by Bensen Peter J.

Investors sentiment increased to 1.04 in 2017 Q4. Its up 0.14, from 0.9 in 2017Q3. It increased, as 39 investors sold KMX shares while 152 reduced holdings. 64 funds opened positions while 134 raised stakes. 174.62 million shares or 7.20% less from 188.17 million shares in 2017Q3 were reported. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt Corp has invested 0.03% in CarMax, Inc. (NYSE:KMX). Nj State Employees Deferred Compensation Plan invested in 15,000 shares or 0.17% of the stock. Atlantic Trust Gp Limited holds 0% or 2,507 shares in its portfolio. First Allied Advisory Ser accumulated 14,635 shares. Tiaa Cref Management Ltd invested in 2.29 million shares. 413,182 were reported by Hhr Asset Mgmt Limited Co. Decatur Capital Incorporated has invested 1.79% in CarMax, Inc. (NYSE:KMX). Texas Permanent School Fund owns 0.04% invested in CarMax, Inc. (NYSE:KMX) for 49,775 shares. Moreover, Ws Mgmt Lllp has 1.86% invested in CarMax, Inc. (NYSE:KMX). Cannell Peter B & Inc owns 180,073 shares. Ballentine Prtn Ltd Co holds 0.01% of its portfolio in CarMax, Inc. (NYSE:KMX) for 3,902 shares. Needham Inv Mgmt Limited Liability owns 111,000 shares. Sirios Cap Mgmt Lp has 3.86% invested in CarMax, Inc. (NYSE:KMX). Parkwood Limited reported 0.74% of its portfolio in CarMax, Inc. (NYSE:KMX). Andra Ap invested in 0.04% or 28,700 shares.

Since December 8, 2017, it had 1 insider buy, and 5 selling transactions for $5.40 million activity. On Wednesday, May 2 the insider GRISE CHERYL W sold $430,384. Another trade for 1,045 shares valued at $32,732 was made by SMITH HARMON D on Tuesday, May 8. OLEARY PATRICK J sold 8,677 shares worth $260,607. OShaughnessy Robert also sold $3.15M worth of PulteGroup, Inc. (NYSE:PHM) shares.

Investors sentiment increased to 1.01 in Q4 2017. Its up 0.25, from 0.76 in 2017Q3. It is positive, as 30 investors sold PHM shares while 182 reduced holdings. 86 funds opened positions while 128 raised stakes. 236.87 million shares or 3.30% less from 244.94 million shares in 2017Q3 were reported. Mirador Capital Prtnrs Lp owns 48,502 shares or 0.88% of their US portfolio. Virtu Fincl Limited Liability Co, New York-based fund reported 56,092 shares. Voloridge Mngmt Ltd Liability holds 0.06% or 82,387 shares. Clough Capital Partners LP invested in 345,294 shares. Rmb Cap Mngmt Ltd Company invested 0.01% in PulteGroup, Inc. (NYSE:PHM). Cypress Asset Mngmt Tx accumulated 8,400 shares. Mariner Wealth Advsrs holds 0.01% or 7,262 shares in its portfolio. Moreover, Utah Retirement Systems has 0.04% invested in PulteGroup, Inc. (NYSE:PHM). 1,537 are held by Ledyard Bank. D E Shaw & Co has invested 0.03% of its portfolio in PulteGroup, Inc. (NYSE:PHM). Ajo Lp invested in 0.59% or 4.15 million shares. Bridgeway Cap Mgmt accumulated 0.38% or 1.05 million shares. Guardian Capital Lp holds 457,005 shares or 0.22% of its portfolio. Livforsakringsbolaget Skandia Omsesidigt accumulated 23,648 shares. Moreover, Chase Counsel Corporation has 2.44% invested in PulteGroup, Inc. (NYSE:PHM).

Analysts await PulteGroup, Inc. (NYSE:PHM) to report earnings on July, 24. They expect $0.74 EPS, up 57.45% or $0.27 from last year’s $0.47 per share. PHM’s profit will be $211.29M for 10.10 P/E if the $0.74 EPS becomes a reality. After $0.59 actual EPS reported by PulteGroup, Inc. for the previous quarter, Wall Street now forecasts 25.42% EPS growth.

Among 22 analysts covering PulteGroup (NYSE:PHM), 11 have Buy rating, 2 Sell and 9 Hold. Therefore 50% are positive. PulteGroup had 76 analyst reports since September 11, 2015 according to SRatingsIntel. The stock of PulteGroup, Inc. (NYSE:PHM) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, October 31. The firm has “Market Perform” rating given on Thursday, September 29 by Wells Fargo. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, August 22. The firm has “Sell” rating given on Friday, October 20 by Citigroup. The rating was maintained by RBC Capital Markets on Wednesday, April 25 with “Buy”. The company was maintained on Thursday, April 26 by JP Morgan. The stock has “Underperform” rating by Wedbush on Wednesday, April 26. The firm earned “Hold” rating on Monday, April 4 by Zelman. The rating was upgraded by JP Morgan on Wednesday, January 13 to “Overweight”. The firm has “Outperform” rating given on Wednesday, October 25 by RBC Capital Markets.

More recent PulteGroup, Inc. (NYSE:PHM) news were published by: Seekingalpha.com which released: “PulteGroup’s (PHM) Management at JP Morgan Homebuilding and Building Products Conference (Transcript)” on May 16, 2018. Also Seekingalpha.com published the news titled: “PulteGroup, Inc. 2018 Q1 – Results – Earnings Call Slides” on April 24, 2018. Seekingalpha.com‘s news article titled: “PulteGroup Does It Again” with publication date: April 27, 2018 was also an interesting one.

Btc Capital Management Inc, which manages about $2.73B and $580.90 million US Long portfolio, upped its stake in Synchrony Finl (NYSE:SYF) by 26,293 shares to 44,244 shares, valued at $1.71 million in 2017Q4, according to the filing. It also increased its holding in Intel Corp (NASDAQ:INTC) by 34,334 shares in the quarter, for a total of 142,083 shares, and has risen its stake in Ishares Tr (IWB).

CarMax, Inc. (NYSE:KMX) Institutional Positions Chart

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