As Kb Home Com (KBH) Stock Price Rose, Shareholder Braun Stacey Associates INC Has Decreased Its Holding by $3.59 Million

March 17, 2018 - By Stephen Andrade

Investors sentiment increased to 1.81 in Q3 2017. Its up 0.26, from 1.55 in 2017Q2. It is positive, as 26 investors sold KBH shares while 52 reduced holdings. 56 funds opened positions while 85 raised stakes. 82.80 million shares or 0.99% less from 83.63 million shares in 2017Q2 were reported. Qs Invsts Lc has invested 0.07% in KB Home (NYSE:KBH). Menta Capital Limited Liability Company has 16,742 shares for 0.06% of their portfolio. Balasa Dinverno And Foltz Ltd Liability holds 0.11% or 27,976 shares in its portfolio. Metropolitan Life reported 134,823 shares. South Dakota Investment Council invested in 0.21% or 436,857 shares. Kessler Invest Grp Incorporated Limited Liability has 0.02% invested in KB Home (NYSE:KBH) for 750 shares. Barclays Public Limited Liability Com invested in 227,712 shares. Us Bancshares De reported 0% stake. Louisiana State Employees Retirement owns 22,300 shares. Verition Fund Mngmt Limited Liability stated it has 0.2% of its portfolio in KB Home (NYSE:KBH). The New York-based Braun Stacey Associate Inc has invested 1.21% in KB Home (NYSE:KBH). Hl Finance Service Limited Liability Com reported 0.16% in KB Home (NYSE:KBH). Vanguard owns 0.01% invested in KB Home (NYSE:KBH) for 9.35 million shares. Signalpoint Asset Management Limited Liability Company holds 29,051 shares. Convergence Investment Partners Ltd Liability has invested 0.35% of its portfolio in KB Home (NYSE:KBH).

Since October 9, 2017, it had 0 buys, and 4 selling transactions for $10.72 million activity. Shares for $1.34M were sold by Woram Brian J. Norton Thomas F had sold 47,179 shares worth $1.43M. Kaminski Jeff sold 125,000 shares worth $4.07M.

Braun Stacey Associates Inc decreased its stake in Kb Home Com (KBH) by 16.99% based on its latest 2017Q3 regulatory filing with the SEC. Braun Stacey Associates Inc sold 149,530 shares as the company’s stock rose 28.00% with the market. The institutional investor held 730,825 shares of the homebuilding company at the end of 2017Q3, valued at $17.63M, down from 880,355 at the end of the previous reported quarter. Braun Stacey Associates Inc who had been investing in Kb Home Com for a number of months, seems to be less bullish one the $2.49B market cap company. The stock increased 1.67% or $0.47 during the last trading session, reaching $28.65. About 1.79M shares traded. KB Home (NYSE:KBH) has risen 69.35% since March 17, 2017 and is uptrending. It has outperformed by 52.65% the S&P500.

Analysts await KB Home (NYSE:KBH) to report earnings on March, 22 after the close. They expect $0.30 EPS, up 100.00 % or $0.15 from last year’s $0.15 per share. KBH’s profit will be $26.12 million for 23.88 P/E if the $0.30 EPS becomes a reality. After $0.84 actual EPS reported by KB Home for the previous quarter, Wall Street now forecasts -64.29 % negative EPS growth.

KB Home (NYSE:KBH) Ratings Coverage

Among 28 analysts covering KB Home (NYSE:KBH), 0 have Buy rating, 9 Sell and 19 Hold. Therefore 0 are positive. KB Home has $38.0 highest and $11 lowest target. $23.23’s average target is -18.92% below currents $28.65 stock price. KB Home had 72 analyst reports since September 4, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Hold” rating and $38.0 target in Monday, January 22 report. The firm earned “Hold” rating on Tuesday, August 22 by KeyBanc Capital Markets. The firm earned “Hold” rating on Tuesday, September 26 by KeyBanc Capital Markets. The stock of KB Home (NYSE:KBH) earned “Hold” rating by TheStreet on Friday, October 16. The stock of KB Home (NYSE:KBH) has “Market Perform” rating given on Thursday, April 13 by Raymond James. The rating was upgraded by Buckingham Research to “Buy” on Monday, September 19. Keefe Bruyette & Woods maintained the shares of KBH in report on Friday, September 29 with “Hold” rating. Mizuho downgraded the shares of KBH in report on Monday, July 10 to “Underperform” rating. The stock of KB Home (NYSE:KBH) earned “Neutral” rating by Buckingham Research on Friday, September 29. The firm has “Outperform” rating by Wedbush given on Tuesday, September 20.

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