KB Home (NYSE:KBH) Institutional Investor Sentiment Analysis

July 18, 2017 - By Marry Poplack

 KB Home (NYSE:KBH) Institutional Investor Sentiment Analysis

Sentiment for KB Home (NYSE:KBH)

KB Home (NYSE:KBH) institutional sentiment decreased to 1.14 in 2016 Q4. Its down -0.04, from 1.18 in 2016Q3. The ratio has worsened, as 98 investment managers increased or opened new stock positions, while 86 sold and decreased their stock positions in KB Home. The investment managers in our partner’s database now own: 85.48 million shares, up from 79.92 million shares in 2016Q3. Also, the number of investment managers holding KB Home in their top 10 stock positions increased from 0 to 1 for an increase of 1. Sold All: 28 Reduced: 58 Increased: 70 New Position: 28.

KB HOME is a homebuilding company. The Firm is engaged in selling and building a range of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes. The company has market cap of $2.02 billion. It operates through five divisions, which consist of four homebuilding divisions and one financial services segment. It has a 18.19 P/E ratio. The Company’s homebuilding divisions include West Coast, Southwest, Central and Southeast.

The stock decreased 0.04% or $0.01 on July 17, reaching $23.64. About shares traded. KB Home (NYSE:KBH) has risen 69.35% since July 18, 2016 and is uptrending. It has outperformed by 52.65% the S&P500.

Donald Smith & Co. Inc. holds 2.87% of its portfolio in KB Home for 6.76 million shares. Element Capital Management Llc owns 565,030 shares or 0.92% of their US portfolio. Moreover, Systematic Financial Management Lp has 0.72% invested in the company for 2.88 million shares. The South Dakota-based South Dakota Investment Council has invested 0.53% in the stock. Foundry Partners Llc, a Minnesota-based fund reported 521,323 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $891,450 activity.

KB Home (NYSE:KBH) Ratings Coverage

Ratings analysis reveals 4% of KB Home’s analysts are positive. Out of 23 Wall Street analysts rating KB Home, 1 give it “Buy”, 6 “Sell” rating, while 16 recommend “Hold”. The lowest target is $11 while the high is $2400. The stock’s average target of $17.58 is -25.63% below today’s ($23.64) share price. KBH was included in 43 notes of analysts from September 4, 2015. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, September 21. The rating was upgraded by M Partners to “Hold” on Tuesday, June 27. Morgan Stanley upgraded KB Home (NYSE:KBH) rating on Tuesday, October 13. Morgan Stanley has “Equal-Weight” rating and $15 target. The company was downgraded on Tuesday, December 15 by Credit Suisse. Zacks downgraded KB Home (NYSE:KBH) on Friday, September 4 to “Sell” rating. The company was downgraded on Thursday, January 12 by Evercore. The company was initiated on Monday, January 11 by Citigroup. Citigroup maintained the stock with “Neutral” rating in Tuesday, March 29 report. The rating was downgraded by Mizuho on Monday, July 10 to “Underperform”. The firm earned “Market Perform” rating on Monday, March 27 by JMP Securities.

More notable recent KB Home (NYSE:KBH) news were published by: Benzinga.com which released: “Taking A Dive Into KB Home’s Beat And Raise Quarter” on June 28, 2017, also Seekingalpha.com with their article: “KB Home: Built To Last” published on July 05, 2017, Nasdaq.com published: “KB Home reports second-quarter numbers June 27” on June 24, 2017. More interesting news about KB Home (NYSE:KBH) were released by: Seekingalpha.com and their article: “KB Home Still Has Foundation For Continued Price Momentum” published on June 30, 2017 as well as Barrons.com‘s news article titled: “Mizuho Cuts KB Home, PulteGroup To Sell” with publication date: July 10, 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.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: