Gerber Kawasaki Wealth & Investment Management Lowers Holdings in Lennar Corporation $LEN

Gerber Kawasaki Wealth & Investment Management lowered its stake in Lennar Corporation (NYSE:LEN - Free Report) by 70.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,539 shares of the construction company's stock after selling 18,313 shares during the quarter. Gerber Kawasaki Wealth & Investment Management's holdings in Lennar were worth $834,000 as of its most recent SEC filing.Here's Who Wins If Trump's 50-Year Mortgages Come to MarketSeveral other institutional investors have also modified their holdings of the stock. FNY Investment Advisers LLC purchased a new stake in Lennar in the 2nd quarter worth about $33,000. Disciplina Capital Management LLC increased its position in shares of Lennar by 179.8% during the first quarter. Disciplina Capital Management LLC now owns 333 shares of the construction company's stock worth $38,000 after purchasing an additional 214 shares in the last quarter. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Lennar in the 2nd quarter valued at approximately $43,000. Cary Street Partners Financial LLC acquired a new stake in shares of Lennar during the second quarter worth $47,000. Finally, SBI Securities Co. Ltd. grew its stake in Lennar by 190.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 573 shares of the construction company's stock valued at $63,000 after purchasing an additional 376 shares during the last quarter. 81.10% of the stock is owned by institutional investors. Analyst Upgrades and DowngradesA number of equities analysts have weighed in on the company. The Goldman Sachs Group lifted their price objective on Lennar from $122.00 to $126.00 and gave the company a "neutral" rating in a research note on Tuesday, September 23rd. Raymond James Financial downgraded shares of Lennar from a "market perform" rating to an "underperform" rating in a report on Monday, September 22nd. Bank of America decreased their price objective on Lennar from $133.00 to $125.00 and set a "neutral" rating on the stock in a report on Friday, October 10th. Royal Bank Of Canada upped their price target on Lennar from $98.00 to $106.00 and gave the company a "sector perform" rating in a research note on Monday, September 22nd. Finally, BTIG Research started coverage on Lennar in a research report on Tuesday, December 2nd. They set a "sell" rating and a $96.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $121.77.Attention Income Investors: This REIT Is on SaleView Our Latest Analysis on LENLennar Price PerformanceLEN stock opened at $120.59 on Tuesday. Lennar Corporation has a twelve month low of $98.42 and a twelve month high of $166.24. The company has a current ratio of 4.49, a quick ratio of 0.68 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $30.75 billion, a P/E ratio of 11.92, a PEG ratio of 5.25 and a beta of 1.38. The business has a 50 day simple moving average of $124.24 and a 200-day simple moving average of $121.12. Analyst Downgrades Hit Homebuilders—But Opportunity LoomsLennar (NYSE:LEN - Get Free Report) last announced its quarterly earnings data on Thursday, September 18th. The construction company reported $2.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.14 by ($0.14). Lennar had a net margin of 7.72% and a return on equity of 11.09%. The firm had revenue of $8.81 billion during the quarter, compared to analyst estimates of $9.01 billion. During the same period in the prior year, the firm posted $3.90 earnings per share. The business's quarterly revenue was down 6.4% compared to the same quarter last year. As a group, equities analysts anticipate that Lennar Corporation will post 12.48 EPS for the current year. Lennar Announces DividendThe business also recently declared a quarterly dividend, which was paid on Monday, October 27th. Stockholders of record on Friday, October 10th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, October 10th. Lennar's payout ratio is 19.76%. Lennar Profile (Free Report)Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.Recommended StoriesFive stocks we like better than LennarDifferences Between Momentum Investing and Long Term Investing Top 5 Highest-Rated Dividend Stocks, According to MarketBeatTrading Stocks: RSI and Why it's UsefulWhat Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer HealthInsider Trading - What You Need to Know3 Stocks Most Likely to Split in 2026This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Lennar Right Now?Before you consider Lennar, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lennar wasn't on the list.While Lennar currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here