<div id="readability-page-1"><p>Shares of PulteGroup, Inc. (NYSE:PHM - Get Free Report) have received a consensus recommendation of &#34;Moderate Buy&#34; from the seventeen analysts that are presently  covering the firm, Marketbeat reports. Seven research analysts have rated the stock with a hold rating and ten have issued  a buy rating on  the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $140.7143.</p><ul><li>Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?</li></ul><p>A number of equities analysts have weighed in on the company. Seaport Research Partners  restated a &#34;sell&#34; rating and issued a $100.00 target price (down from $155.00) on shares of PulteGroup in a research note on Tuesday, April 7th. JPMorgan Chase &amp; Co. decreased their target price on PulteGroup from $149.00 to $131.00 and set an &#34;overweight&#34; rating on the stock in a research note on Tuesday, February 3rd. Bank of America decreased their target price on PulteGroup from $145.00 to $140.00 and set a &#34;buy&#34; rating on the stock in a research note on Monday, April 20th. Barclays decreased their target price on PulteGroup from $115.00 to $112.00 and set an &#34;equal weight&#34; rating on the stock in a research note on Wednesday, April 8th. Finally, Wells Fargo &amp; Company increased their price objective on PulteGroup from $132.00 to $140.00 and gave the company an &#34;overweight&#34; rating in a research report on Friday, April 24th.</p><p><b>Check Out Our Latest Stock Report on PHM</b></p><h2>PulteGroup Price Performance</h2><ul><li>Homebuilder Earnings: D.R. Horton Sticks Out as Pulte &amp; NVR Sales Tank</li></ul><p>Shares of NYSE PHM opened at $117.80 on Wednesday. The firm has a market capitalization of $22.44 billion, a P/E ratio of 11.39, a P/E/G ratio of 1.49 and a beta of 1.20. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.14. The stock's 50-day simple moving average is $119.03 and its two-hundred day simple moving average is $124.03. PulteGroup has a twelve month low of $96.46 and a twelve month high of $144.49. </p><p>PulteGroup (NYSE:PHM - Get Free Report) last announced its earnings results on Thursday, April 23rd. The construction company reported $1.79 earnings per share for the quarter, missing analysts' consensus estimates of $1.80 by ($0.01). The business had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.40 billion. PulteGroup had a return on equity of 16.41% and a net margin of 12.14%.PulteGroup's revenue was down 12.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.57 earnings per share.  As a group, equities analysts anticipate that  PulteGroup will post 10 EPS for the current fiscal year. </p><h2>PulteGroup Dividend Announcement</h2><ul><li>3 Names to Watch as Homebuilders Near Breakout</li></ul><p>The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.26 per share. The ex-dividend date is Tuesday, June 16th. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. PulteGroup's dividend payout ratio  is 10.06%. </p><p>PulteGroup declared that its Board of Directors has approved a stock repurchase plan on Thursday, April 23rd that permits the company to buyback $1.50 billion in  outstanding  shares. This buyback authorization permits the construction company to repurchase up to 6.1% of its stock  through open market purchases. Stock  buyback plans are generally a sign that the company's management believes its shares are undervalued. </p><h2>Insider Activity</h2><p>In other news, Director Lila Snyder sold 3,339 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $117.18, for a total transaction of $391,264.02. Following the transaction, the director directly owned 3,540 shares in the company, valued at approximately $414,817.20. This represents a 48.54% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this link. Also, COO Matthew William Koart sold 7,457 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $120.00, for a total value of $894,840.00. Following the transaction, the chief operating officer owned 28,100 shares in the company, valued at $3,372,000. This trade represents a 20.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.75% of the stock is currently owned by corporate insiders. </p><h2>Hedge Funds Weigh In On PulteGroup</h2><p>Several institutional investors have recently modified their holdings of PHM. Nordea Investment Management AB boosted its holdings in  PulteGroup by 2.4% during the 4th quarter. Nordea Investment Management AB now owns 573,065 shares of the construction company's stock valued at $67,387,000 after acquiring an additional 13,259 shares during the period.  Principal Financial Group Inc. boosted its holdings in  PulteGroup by 24.2% during the 3rd quarter. Principal Financial Group Inc. now owns 312,935 shares of the construction company's stock valued at $41,348,000 after acquiring an additional 61,009 shares during the period.  Dorato Capital Management purchased a new stake in  PulteGroup during the 4th quarter valued at about $2,625,000.  Concurrent Investment Advisors LLC boosted its holdings in  PulteGroup by 166.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 16,753 shares of the construction company's stock valued at $1,964,000 after acquiring an additional 10,467 shares during the period.  Finally, EFG Asset Management Americas Corp. boosted its holdings in  PulteGroup by 351.9% during the 3rd quarter. EFG Asset Management Americas Corp. now owns 46,752 shares of the construction company's stock valued at $6,177,000 after acquiring an additional 36,407 shares during the period. 89.90% of the stock is currently owned by institutional investors. </p><h2>About PulteGroup</h2> (Get Free Report)<p>PulteGroup, Inc <span>NYSE: PHM<span></span></span> is a U.S.-based residential homebuilder that designs, constructs and sells single-family homes and develops master-planned communities. The company operates multiple national and regional brands that target different buyer segments, including first-time buyers, move-up buyers and active-adult customers. Its operations encompass land acquisition and development, home design and construction, community amenities and ongoing customer service and warranty programs.  </p><p>PulteGroup markets homes under several well-known brands, such as Pulte Homes, Centex and Del Webb, among others, offering a range of product types from entry-level detached homes to larger, higher-end residences and age-restricted active-adult communities.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than PulteGroup</li><li>Marvell Stock Soars on NVIDIA's Trillion-Dollar Nod</li><li>FirstCash Turns Pawn Into a Growth Machine</li><li>HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?</li><li>Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBITQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBITQ"/></p><p><em>This 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.</em></p><h2>Should You Invest $1,000 in PulteGroup Right Now?</h2><p>Before you consider PulteGroup, you'll want to hear this.</p><p>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 PulteGroup wasn't on the list.</p><p>While PulteGroup currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>PulteGroup (NYSE:PHM) holds a consensus 'Moderate Buy' rating from 17 analysts, with an average 1-year price target of $140.71. Recent analyst actions include JPMorgan and Bank of America lowering targets, while Wells Fargo raised its to $140. The company reported Q1 EPS of $1.79, slightly missing estimates, with revenue of $3.41 billion. PulteGroup announced a $0.26 quarterly dividend and approved a $1.5 billion stock buyback plan. Additionally, insiders Lila Snyder and Matthew Koart sold shares in May.</p>

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PulteGroup

Netflix

Mobileye Global

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Bank of America

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Wells Fargo

D.R. Horton

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

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JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

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BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

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BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

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BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

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BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

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WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

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WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

PulteGroup, Inc. (NYSE:PHM) Given Consensus Rating of "Moderate Buy" by Analysts