How Analysts Rated Meritage Homes Corp (NYSE:MTH) Last Week?

July 18, 2017 - By Marie Mckinney

 How Analysts Rated Meritage Homes Corp (NYSE:MTH) Last Week?
Investors sentiment decreased to 0.89 in 2016 Q4. Its down 0.61, from 1.5 in 2016Q3. It worsened, as 13 investors sold Meritage Homes Corp shares while 51 reduced holdings. 15 funds opened positions while 42 raised stakes. 38.63 million shares or 1.58% less from 39.26 million shares in 2016Q3 were reported.
Citigroup, New York-based fund reported 76,124 shares. Blackrock Fund has 3.71M shares. Element Cap Ltd Liability Corp reported 0.82% of its portfolio in Meritage Homes Corp (NYSE:MTH). Rhumbline Advisers owns 61,645 shares. Bank Of Montreal Can reported 4,378 shares. Metropolitan Life Insurance Company Ny invested in 0.01% or 26,100 shares. Creative Planning stated it has 0% of its portfolio in Meritage Homes Corp (NYSE:MTH). Geode Capital Limited Company holds 277,621 shares or 0% of its portfolio. Glenmede Trust Communication Na has invested 0% of its portfolio in Meritage Homes Corp (NYSE:MTH). Natl Bank Of Ny Mellon holds 526,254 shares or 0.01% of its portfolio. Amp Cap Invsts owns 0% invested in Meritage Homes Corp (NYSE:MTH) for 7,129 shares. Tower Rech Capital Lc (Trc) reported 0.01% stake. 19,328 are owned by Arizona State Retirement Sys. Bnp Paribas Arbitrage owns 9,665 shares for 0% of their portfolio. 61,600 were accumulated by Swiss Comml Bank.

Since February 13, 2017, it had 0 insider buys, and 6 sales for $1.09 million activity. The insider Lord Phillippe sold 1,857 shares worth $63,742. $183,800 worth of Meritage Homes Corp (NYSE:MTH) was sold by HADDOCK GERALD W. The insider Sferruzza Hilla sold 1,315 shares worth $45,019.

Meritage Homes Corp (NYSE:MTH) Ratings Coverage

Among 14 analysts covering Meritage (NYSE:MTH), 1 have Buy rating, 2 Sell and 11 Hold. Therefore 7% are positive. Meritage had 38 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was upgraded by JP Morgan to “Overweight” on Wednesday, January 13. JP Morgan upgraded Meritage Homes Corp (NYSE:MTH) on Friday, September 11 to “Neutral” rating. The firm has “Sell” rating by Zacks given on Friday, August 14. The stock of Meritage Homes Corp (NYSE:MTH) has “Equal-Weight” rating given on Tuesday, October 13 by Barclays Capital. The stock of Meritage Homes Corp (NYSE:MTH) earned “Hold” rating by Evercore on Friday, October 30. The firm earned “Neutral” rating on Wednesday, August 12 by UBS. The stock of Meritage Homes Corp (NYSE:MTH) has “Sector Perform” rating given on Monday, April 18 by FBN Securities. The company was maintained on Monday, November 2 by FBR Capital. The stock of Meritage Homes Corp (NYSE:MTH) has “Hold” rating given on Monday, July 11 by Zelman. Zacks downgraded Meritage Homes Corp (NYSE:MTH) on Monday, September 7 to “Sell” rating. Below is a list of Meritage Homes Corp (NYSE:MTH) latest ratings and price target changes.

23/06/2017 Broker: Credit Suisse Rating: Neutral New Target: $40 Initiates Coverage On
28/04/2017 Broker: Wood Rating: Hold New Target: $37.00 Maintain
03/04/2017 Broker: JMP Securities Old Rating: Mkt Perform New Rating: Mkt Outperform Upgrade
08/02/2017 Broker: BTIG Research Rating: Neutral Initiates Coverage On
30/01/2017 Broker: Evercore Old Rating: Buy New Rating: Hold Downgrade

The stock decreased 0.12% or $0.05 on July 17, reaching $42.4. About shares traded. Meritage Homes Corp (NYSE:MTH) has risen 18.92% since July 18, 2016 and is uptrending. It has outperformed by 2.22% the S&P500.

Meritage Homes Corporation operates as a holding company. The company has market cap of $1.71 billion. The Firm is a designer and builder of single-family homes. It has a 11.79 P/E ratio. The Firm operates through two divisions: homebuilding and financial services.

More notable recent Meritage Homes Corp (NYSE:MTH) news were published by: Prnewswire.com which released: “Whirlpool Corporation Secures 4-Year Renewal with Meritage Homes” on January 30, 2017, also Fool.com with their article: “Meritage Homes Corp Stock Down 12% Post Earnings: Here’s What Matters” published on April 28, 2016, Seekingalpha.com published: “Meritage Homes’ (MTH) CEO Steve Hilton on Q1 2017 Results – Earnings Call …” on April 27, 2017. More interesting news about Meritage Homes Corp (NYSE:MTH) were released by: Globenewswire.com and their article: “Meritage Homes to Host Analyst Meeting at New York Stock Exchange March 14, 2017” published on March 09, 2017 as well as Fool.com‘s news article titled: “Meritage Homes Corp. Finishes 2016 Strong, but a Few Things Bear Watching” with publication date: February 02, 2017.

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