Victory Capital Management Inc. Increases Holdings in Lennar Corporation (LEN)

Marco Green
September 12, 2017

Prescott Group Capital Management Llc sold 60,000 shares as Lennar Corp (LEN)'s stock rose 12.25%. The Aqr Capital Management Llc holds 155,504 shares with $6.68 million value, up from 138,622 last quarter. The corporation has a market cap of US$11.2 Billion. The stock rose 2.20% or $1.95 reaching $90.69 per share. The stock's average target of $50.33 is 1.17% above today's ($49.75) share price. It has outperformed by 3.21% the S&P500. More interesting news about Facebook Inc (NASDAQ:FB) were released by: Investorplace.com and their article: "How Much of Facebook Inc's (FB) Traffic Is Phony?" published on August 30, 2017 as well as Investorplace.com's news article titled: "Facebook Inc (FB) Fails to Win Rights to Stream IPL Live" with publication date: September 05, 2017.

Since January 1, 0001, it had 0 insider buys, and 5 selling transactions for $2.29 million activity. It also reduced Ryman Hospitality Pptys Inc (NYSE:RHP) stake by 9,500 shares and now owns 1.19 million shares. Facebook Inc (NASDAQ:FB) has risen 26.75% since September 10, 2016 and is uptrending. It has outperformed by 0.38% the S&P500.

Among 22 analysts covering Lennar (NYSE:LEN), 12 have Buy rating, 0 Sell and 10 Hold. Therefore 43% are positive. Facebook had 168 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained the shares of FB in report on Thursday, November 3 with "Buy" rating. On Thursday, September 29 the stock rating was initiated by Wells Fargo with "Market Perform". Barclays Capital maintained the shares of FL in report on Monday, August 24 with "Overweight" rating. Raymond James upgraded Facebook Inc (NASDAQ:FB) rating on Friday, January 13. The stock presently has an average rating of "Buy" and an average target price of $56.41. Tokio Marine Asset Management Ltd reported 4,951 shares or 0.02% of all its holdings. The stock has "Sell" rating by Jyske Bank on Friday, October 30. Suncoast Equity Management who had been investing in Facebook Inc Cl A for a number of months, seems to be bullish on the $497.14 billion market cap company. Stretch Colin sold $105,497 worth of stock. $2.40M worth of Facebook Inc (NASDAQ:FB) was sold by Cox Christopher K on Monday, May 8. 122,521 shares valued at $18.75 million were sold by Zuckerberg Mark on Friday, June 9. Inc for 111,112 shares.

Investors sentiment decreased to 0.87 in 2016 Q4. 0 analysts call it Underweight, while 1 think it is Overweight. It improved, as 88 investors sold FB shares while 531 reduced holdings. 36 funds opened positions while 174 raised stakes. Price T Rowe Assoc Md invested 1.67% of its portfolio in Facebook Inc (NASDAQ:FB). Pictet North America Advsr owns 7,641 shares or 0.15% of their USA portfolio. Henderson Group Inc Inc Public Ltd owns 9,434 shares for 0.01% of their portfolio. Rr Prtnrs Ltd Partnership has invested 5.13% in Foot Locker, Inc. Wealth Enhancement Advisory Ltd Liability holds 0.1% or 7,105 shares in its portfolio. Canaccord Genuity maintained Facebook Inc (NASDAQ:FB) rating on Thursday, June 15. Citadel Advisors Limited Liability Corp holds 0.02% of its portfolio in Broadridge Financial Solutions, Inc. Assetmark invested in 61,758 shares. Abner Herrman And Brock Lc owns 147,608 shares. Deutsche Bank AG restated a "hold" rating and set a $53.00 price objective (up from $52.00) on shares of Lennar Corporation in a research note on Thursday, June 22nd. Cubist Systematic Strategies Ltd accumulated 5,376 shares or 0.02% of the stock. Van Berkom & Associates Inc. owns 817,493 shares or 2.5% of their United States portfolio. Selway Asset Mngmt invested 1.01% in Facebook Inc (NASDAQ:FB).

Lennar Corporation (NYSE:LEN)'s earnings per share has been growing at a 52 percent rate over the past 5 year when average revenue increase was noted as 28.7 percent. Therefore 25% are positive. Lennar had 40 analyst reports since September 22, 2015 according to SRatingsIntel. Lennar Corporation (NYSE:LEN) has risen 19.91% since September 9, 2016 and is uptrending. Asset Mgmt One Limited has 0.03% invested in Lennar Corporation (NYSE:LEN). BidaskClub lowered shares of Lennar Corporation from a "buy" rating to a "hold" rating in a report on Tuesday, June 20th. Barclays Capital maintained the shares of LEN in report on Wednesday, March 30 with "Overweight" rating. Citigroup maintained Lennar Corporation (NYSE:LEN) on Wednesday, September 21 with "Neutral" rating. The company was maintained on Monday, August 28 by Keefe Bruyette & Woods. The rating was maintained by Credit Suisse on Monday, February 8 with "Neutral". JP Morgan reinitiated the shares of LEN in report on Monday, March 14 with "Neutral" rating.

Investors sentiment decreased to 1.2 in Q4 2016. Its down 0.09, from 1.29 in 2016Q3. It worsened, as 38 investors sold RL shares while 117 reduced holdings.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. 186.24 million shares or 3.31% more from 180.27 million shares in 2016Q3 were reported. The Quebec - Canada-based Pembroke Management Ltd has invested 1.99% in the stock. Sunbelt Secs reported 0% stake. State of Alaska Department of Revenue lifted its stake in Lennar Corporation by 0.7% during the 2nd quarter. Liberty Mutual Asset Incorporated holds 14,038 shares. Da Davidson holds 179 shares or 0% of its portfolio. Prelude Cap Limited Liability Co reported 15,505 shares or 0.08% of all its holdings. The SI to Lennar Corporation's float is 3%. Whittier Trust reported 0% in Lennar Corporation (NYSE:LEN). Bancshares Of America Corp De owns 0.02% invested in Lennar Corporation (NYSE:LEN) for 2.06 million shares. They expect $1.02 EPS, up 0.99% or $0.01 from last year's $1.01 per share. Cna Fincl Corp stated it has 50,000 shares or 0.48% of all its holdings. Cubic Asset Mgmt Limited Liability Com has invested 0.1% in Lennar Corporation (NYSE:LEN). Robeco Institutional Asset Bv has 2,426 shares.

Since April 3, 2017, it had 0 buys, and 1 insider sale for $1.03 million activity. Shares for $1.03M were sold by JAFFE JONATHAN M on Monday, April 3.

Ruffer Llp, which manages about $1.69 billion US Long portfolio, decreased its stake in Ingevity Corp by 638,579 shares to 311,077 shares, valued at $17.15 million in 2016Q4, according to the filing. It also reduced Fluor Corp New (NYSE:FLR) stake by 491,163 shares and now owns 27,399 shares.

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