Institutional Investor’s Pro-MDC Holdings Inc (NYSE:MDC) Sentiment In 2016 Q4

July 18, 2017 - By Hazel Jackson

 Institutional Investor's Pro MDC Holdings Inc (NYSE:MDC) Sentiment In  2016 Q4

Sentiment for MDC Holdings Inc (NYSE:MDC)

MDC Holdings Inc (NYSE:MDC) institutional sentiment increased to 2.57 in 2016 Q4. Its up 1.35, from 1.22 in 2016Q3. The ratio is more positive, as 131 hedge funds opened new and increased equity positions, while 51 cut down and sold stock positions in MDC Holdings Inc. The hedge funds in our partner’s database now own: 46.20 million shares, up from 39.84 million shares in 2016Q3. Also, the number of hedge funds holding MDC Holdings Inc in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 18 Reduced: 33 Increased: 90 New Position: 41.

M.D.C. Holdings, Inc. is engaged in two primary operations, including homebuilding and financial services. The company has market cap of $1.86 billion. The Company’s divisions include West, including divisions located in Arizona, California, Nevada and Washington; Mountain, including divisions located in Colorado and Utah; East, including divisions located in Virginia, Florida and Maryland, which includes Pennsylvania and New Jersey; mortgage operations, including HomeAmerican Mortgage Corporation, and Other, which includes Allegiant Insurance Company, Inc., StarAmerican Insurance Ltd., American Home Insurance Agency, Inc. and American Home Title and Escrow Company. It has a 16.15 P/E ratio. The homebuilding activities consist of subsidiary companies that purchases finished lots or develop lots necessary for the construction and sale of single-family detached homes to first-time and first-time move-up homebuyers under the name Richmond American Homes.

The stock increased 0.17% or $0.06 on July 17, reaching $36.13. About shares traded. M.D.C. Holdings, Inc. (NYSE:MDC) has risen 65.26% since July 18, 2016 and is uptrending. It has outperformed by 48.56% the S&P500.

Cventures Inc. holds 100% of its portfolio in M.D.C. Holdings, Inc. for 6.78 million shares. Pacifica Capital Investments Llc owns 335,944 shares or 4.28% of their US portfolio. Moreover, Lesa Sroufe & Co has 3.48% invested in the company for 155,415 shares. The Virginia-based Investment Management Of Virginia Llc has invested 1.46% in the stock. Vertex One Asset Management Inc., a British Columbia – Canada-based fund reported 310,469 shares.#img1#

Since January 1, 0001, it had 0 buys, and 10 selling transactions for $8.52 million activity.

M.D.C. Holdings, Inc. (NYSE:MDC) Ratings Coverage

Ratings analysis reveals 17% of MDC Holdings’s analysts are positive. Out of 6 Wall Street analysts rating MDC Holdings, 1 give it “Buy”, 2 “Sell” rating, while 3 recommend “Hold”. The lowest target is $21.50 while the high is $35. The stock’s average target of $26.63 is -26.29% below today’s ($36.13) share price. MDC was included in 16 notes of analysts from August 6, 2015. The stock of M.D.C. Holdings, Inc. (NYSE:MDC) has “Equal Weight” rating given on Wednesday, January 20 by Barclays Capital. The stock of M.D.C. Holdings, Inc. (NYSE:MDC) earned “Buy” rating by Citigroup on Friday, August 7. The stock has “Buy” rating by Deutsche Bank on Monday, May 16. The company was initiated on Thursday, September 29 by Wells Fargo. FBN Securities downgraded M.D.C. Holdings, Inc. (NYSE:MDC) on Friday, March 17 to “Sector Perform” rating. The stock has “Neutral” rating by Citigroup on Wednesday, May 10. The company was downgraded on Monday, January 30 by Evercore. KeyBanc Capital Markets upgraded M.D.C. Holdings, Inc. (NYSE:MDC) on Thursday, August 6 to “” rating. The firm earned “Underperform” rating on Tuesday, May 16 by Wells Fargo. The company was initiated on Tuesday, October 13 by Barclays Capital.

More notable recent M.D.C. Holdings, Inc. (NYSE:MDC) news were published by: Prnewswire.com which released: “MDC Holdings Increases Number Of Directors On The Board And Appoints Courtney …” on June 27, 2017, also Prnewswire.com with their article: “MDC Holdings Announces 2017 Second Quarter Earnings Release Schedule And …” published on July 11, 2017, Prnewswire.com published: “4 Richmond American Neighborhoods Opening In South Denver Metro” on July 05, 2017. More interesting news about M.D.C. Holdings, Inc. (NYSE:MDC) were released by: Prnewswire.com and their article: “Homebuilder Opens New Neighborhood In Anaverde, West Of Palmdale, California” published on July 11, 2017 as well as Prnewswire.com‘s news article titled: “Exciting New Offerings From Richmond American Homes In Jacksonville” with publication date: June 30, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.