Are Analysts Bullish about Lennar Corporation (NYSE:LEN) after last week?

April 17, 2018 - By Graig Alexander

Lennar Corporation (NYSE:LEN) LogoInvestors sentiment increased to 1.25 in 2017 Q4. Its up 0.33, from 0.92 in 2017Q3. It is positive, as 41 investors sold Lennar Corporation shares while 139 reduced holdings. 85 funds opened positions while 140 raised stakes. 207.37 million shares or 10.41% more from 187.83 million shares in 2017Q3 were reported.
Highlander Capital Mngmt Ltd Liability Com has 0.01% invested in Lennar Corporation (NYSE:LEN) for 270 shares. First Tru L P holds 0.05% of its portfolio in Lennar Corporation (NYSE:LEN) for 306,342 shares. Proshare Advsr Ltd holds 66,334 shares or 0.03% of its portfolio. Seabridge Invest Advsrs Limited Liability Corporation has 0.01% invested in Lennar Corporation (NYSE:LEN). Brinker owns 19,277 shares. Moreover, Sun Life Fincl has 0% invested in Lennar Corporation (NYSE:LEN). State Of Tennessee Treasury Department invested 0.02% in Lennar Corporation (NYSE:LEN). Conning Inc accumulated 0.01% or 4,473 shares. The New York-based Guardian Life Ins Company Of America has invested 0.01% in Lennar Corporation (NYSE:LEN). Huntington Bancorporation has invested 0% in Lennar Corporation (NYSE:LEN). Bamco Inc New York invested in 0.11% or 390,947 shares. Wells Fargo Mn accumulated 730,504 shares. Bank Of America De holds 0.03% or 2.87 million shares. Prudential Fincl holds 471,684 shares. Ngam L P owns 69,838 shares.

Since January 2, 2018, it had 0 buys, and 14 sales for $16.96 million activity. 10,000 shares were sold by BESSETTE DIANE J, worth $695,000. GROSS BRUCE E had sold 21,500 shares worth $1.55M. SONNENFELD JEFFREY had sold 2,095 shares worth $131,943 on Friday, April 6. SUSTANA MARK had sold 125,000 shares worth $8.69 million on Friday, January 12. OLIVERA ARMANDO J also sold $156,884 worth of Lennar Corporation (NYSE:LEN) on Friday, April 6. JAFFE JONATHAN M also sold $1.28 million worth of Lennar Corporation (NYSE:LEN) shares.

Lennar Corporation (NYSE:LEN) Ratings Coverage

Among 17 analysts covering Lennar Corp (NYSE:LEN), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. Lennar Corp had 25 analyst reports since October 20, 2017 according to SRatingsIntel. Deutsche Bank maintained the shares of LEN in report on Tuesday, April 10 with “Hold” rating. The stock of Lennar Corporation (NYSE:LEN) has “Outperform” rating given on Tuesday, January 2 by Wells Fargo. UBS maintained the shares of LEN in report on Wednesday, January 17 with “Buy” rating. The firm earned “Buy” rating on Wednesday, January 10 by Keefe Bruyette & Woods. The firm has “Buy” rating by JMP Securities given on Monday, November 6. On Thursday, January 11 the stock rating was maintained by Credit Suisse with “Hold”. The rating was upgraded by JP Morgan on Tuesday, February 13 to “Overweight”. The stock of Lennar Corporation (NYSE:LEN) has “Buy” rating given on Friday, October 20 by Citigroup. Credit Suisse maintained the shares of LEN in report on Thursday, April 5 with “Outperform” rating. Wedbush maintained Lennar Corporation (NYSE:LEN) rating on Wednesday, January 3. Wedbush has “Hold” rating and $60.0 target. Below is a list of Lennar Corporation (NYSE:LEN) latest ratings and price target changes.

10/04/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $68 New Target: $65 Maintain
05/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $70 New Target: $73 Maintain
05/04/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $81 New Target: $78 Maintain
21/03/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $75.0 Maintain
01/03/2018 Broker: Argus Research Old Rating: Buy New Rating: Buy Old Target: $64 New Target: $70 Maintain
23/02/2018 Broker: Evercore Old Rating: In-Line New Rating: Outperform Upgrade
13/02/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade
13/02/2018 Broker: J.P. Morgan Rating: Buy New Target: $77.0 Upgrade
07/02/2018 Broker: Barclays Capital Rating: Buy New Target: $72.0 Upgrade
22/01/2018 Broker: Credit Suisse Rating: Buy Upgrade

The stock increased 1.42% or $0.81 during the last trading session, reaching $57.94. About 1.03M shares traded. Lennar Corporation (NYSE:LEN) has risen 17.08% since April 17, 2017 and is uptrending. It has outperformed by 5.53% the S&P500.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company has market cap of $18.66 billion. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions. It has a 17.14 P/E ratio. The Company’s homebuilding activities primarily include the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, as well as the purchase, development, and sale of residential land.

Lennar Corporation (NYSE:LEN) Institutional Positions Chart

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