6 days Ago By ABMN Staff
LPL Financial LLC lifted its holdings in shares of KB Home ( NYSE:KBH – Free Report ) by 10.9% in the 4th quarter, Holdings Channel reports. The firm owned 31,754 shares of the construction company’s stock after acquiring an additional 3,131 shares during the period.
LPL Financial LLC’s holdings in KB Home were worth $2,087,000 at the end of the most recent reporting period. Other institutional investors also recently modified their holdings of the company. MML Investors Services LLC purchased a new position in KB Home in the 3rd quarter worth approximately $464,000.
Barclays PLC lifted its holdings in shares of KB Home by 24.5% during the 3rd quarter. Barclays PLC now owns 196,229 shares of the construction company’s stock worth $16,816,000 after acquiring an additional 38,638 shares during the last quarter.
M&T Bank Corp grew its position in KB Home by 28.1% in the third quarter. M&T Bank Corp now owns 8,586 shares of the construction company’s stock worth $736,000 after acquiring an additional 1,886 shares in the last quarter.
Geode Capital Management LLC increased its stake in KB Home by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,938,359 shares of the construction company’s stock valued at $166,125,000 after acquiring an additional 16,593 shares during the last quarter.
Finally, Coldstream Capital Management Inc. purchased a new stake in KB Home during the third quarter valued at about $208,000. 96.
09% of the stock is currently owned by institutional investors. Insider Activity at KB Home In other KB Home news, CFO Jeff Kaminski sold 27,500 shares of the firm’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $68.
77, for a total transaction of $1,891,175.00. Following the completion of the transaction, the chief financial officer now owns 34,473 shares of the company’s stock, valued at approximately $2,370,708.
21. This trade represents a 44.37 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the SEC, which can be accessed through this link . 3.89% of the stock is owned by corporate insiders.
Analysts Set New Price Targets Check Out Our Latest Stock Analysis on KBH KB Home Price Performance KBH stock opened at $51.02 on Tuesday. The stock has a market capitalization of $3.
65 billion, a price-to-earnings ratio of 6.02, a PEG ratio of 0.90 and a beta of 1.
65. The firm’s 50-day moving average price is $60.04 and its two-hundred day moving average price is $69.
58. The company has a current ratio of 5.51, a quick ratio of 0.
83 and a debt-to-equity ratio of 0.42. KB Home has a 12-month low of $48.
90 and a 12-month high of $89.70. KB Home ( NYSE:KBH – Get Free Report ) last announced its quarterly earnings results on Monday, March 24th.
The construction company reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.
07). The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.
51 billion. KB Home had a net margin of 9.45% and a return on equity of 16.
46%. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis.
During the same quarter in the prior year, the firm earned $1.76 EPS. As a group, equities analysts predict that KB Home will post 8.
42 earnings per share for the current year. KB Home Announces Dividend The business also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were paid a dividend of $0.
25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.
96%. The ex-dividend date was Thursday, February 6th. KB Home’s payout ratio is 12.
20%. About KB Home ( Free Report ) KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast.
It builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers. Featured Articles Want to see what other hedge funds are holding KBH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KB Home ( NYSE:KBH – Free Report ).
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