Analysts take a look at The New Home Company Inc. (NYSE:NWHM) having this to say.

April 17, 2018 - By Linda Rogers

The New Home Company Inc. (NYSE:NWHM) LogoInvestors sentiment decreased to 1.54 in 2017 Q4. Its down 0.36, from 1.9 in 2017Q3. It worsened, as 9 investors sold The New Home Company Inc. shares while 15 reduced holdings. 12 funds opened positions while 25 raised stakes. 11.75 million shares or 1.61% more from 11.57 million shares in 2017Q3 were reported.
90,500 were accumulated by Spark Investment Ltd Limited Liability Company. Ameritas Inv Partners Incorporated accumulated 0% or 775 shares. Invesco Ltd reported 25,653 shares. Morgan Stanley holds 0% in The New Home Company Inc. (NYSE:NWHM) or 77,158 shares. Stone Ridge Asset Mngmt Ltd Com owns 11,436 shares or 0.01% of their US portfolio. First Manhattan has 0.13% invested in The New Home Company Inc. (NYSE:NWHM) for 1.84 million shares. Fmr Ltd Com reported 0% stake. Moreover, First Trust Ltd Partnership has 0% invested in The New Home Company Inc. (NYSE:NWHM). Wells Fargo And Mn reported 604,548 shares stake. Brandywine Global Investment Lc holds 14,893 shares or 0% of its portfolio. Cidel Asset Management Inc has invested 0.01% in The New Home Company Inc. (NYSE:NWHM). Legal & General Public Ltd Co has 0% invested in The New Home Company Inc. (NYSE:NWHM) for 2,159 shares. 561,785 were accumulated by Vanguard. Renaissance Techs Limited Liability stated it has 172,300 shares. California Pub Employees Retirement Sys accumulated 174,800 shares or 0% of the stock.

Since October 17, 2017, it had 0 buys, and 5 insider sales for $2.23 million activity. Shares for $176,319 were sold by TCN/TNHC LP on Tuesday, October 17.

The New Home Company Inc. (NYSE:NWHM) Ratings Coverage

Among 2 analysts covering The New Home Co Inc (NYSE:NWHM), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. The New Home Co Inc had 2 analyst reports since February 15, 2018 according to SRatingsIntel. JMP Securities downgraded The New Home Company Inc. (NYSE:NWHM) on Thursday, February 15 to “Market Perform” rating. JP Morgan maintained it with “Neutral” rating and $13 target in Tuesday, February 20 report. Below is a list of The New Home Company Inc. (NYSE:NWHM) latest ratings and price target changes.

20/02/2018 Broker: JP Morgan Old Rating: Market Outperform New Rating: Neutral Old Target: $12 New Target: $13 Maintain
15/02/2018 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Perform Downgrade

The stock increased 0.42% or $0.05 during the last trading session, reaching $10.8. About 32,867 shares traded. The New Home Company Inc. (NYSE:NWHM) has risen 6.97% since April 17, 2017 and is uptrending. It has underperformed by 4.58% the S&P500.

The New Home Company Inc., a homebuilder, focuses on the design, construction, and sale of homes in metropolitan areas of California and Arizona. The company has market cap of $226.78 million. The firm operates through two divisions, Homebuilding and Fee Building. It has a 13.16 P/E ratio. It manufactures and sells homes in California, including coastal Southern California, the San Francisco Bay area, the metro Sacramento, and the Phoenix area.

The New Home Company Inc. (NYSE:NWHM) Institutional Positions Chart

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