Could M.D.C. Holdings Inc (NYSE:MDC) See a Reversal After More Sellers Came In?

March 21, 2018 - By Rodney Autry

 Could M.D.C. Holdings Inc (NYSE:MDC) See a Reversal After More Sellers Came In?

Investors sentiment decreased to 1.24 in Q3 2017. Its down 0.24, from 1.48 in 2017Q2. It worsened, as 25 investors sold M.D.C. Holdings, Inc. shares while 60 reduced holdings. 39 funds opened positions while 66 raised stakes. 40.90 million shares or 2.78% less from 42.07 million shares in 2017Q2 were reported.
Sei reported 448 shares stake. Cipher Capital Ltd Partnership stated it has 17,800 shares. Moreover, Thrivent For Lutherans has 0% invested in M.D.C. Holdings, Inc. (NYSE:MDC). Employees Retirement Of Ohio holds 0% in M.D.C. Holdings, Inc. (NYSE:MDC) or 17,009 shares. Franklin Resource has 0% invested in M.D.C. Holdings, Inc. (NYSE:MDC) for 216,525 shares. Cornerstone Holdg Ltd Com reported 9,300 shares. Jpmorgan Chase And invested in 0% or 547,871 shares. Amer Century has invested 0.01% in M.D.C. Holdings, Inc. (NYSE:MDC). Vertex One Asset Mgmt Inc holds 0.57% of its portfolio in M.D.C. Holdings, Inc. (NYSE:MDC) for 105,176 shares. Afam Inc invested in 262,272 shares or 1.05% of the stock. Parkside Fincl Bank & Tru reported 46 shares or 0% of all its holdings. Texas Permanent School Fund owns 30,299 shares or 0.01% of their US portfolio. Barclays Public Ltd Co accumulated 2,536 shares. Lesa Sroufe has invested 4.32% in M.D.C. Holdings, Inc. (NYSE:MDC). State Of Alaska Department Of Revenue reported 0.01% in M.D.C. Holdings, Inc. (NYSE:MDC).

Since December 15, 2017, it had 0 insider purchases, and 3 insider sales for $1.10 million activity. On Friday, December 15 BUCHWALD HERBERT T sold $893,592 worth of M.D.C. Holdings, Inc. (NYSE:MDC) or 28,350 shares.

The stock of M.D.C. Holdings Inc (NYSE:MDC) registered an increase of 5.29% in short interest. MDC’s total short interest was 1.67M shares in March as published by FINRA. Its up 5.29% from 1.59M shares, reported previously. With 604,200 shares average volume, it will take short sellers 3 days to cover their MDC’s short positions. The short interest to M.D.C. Holdings Inc’s float is 3.61%.

The stock decreased 1.49% or $0.43 during the last trading session, reaching $28.45. About 371,189 shares traded. M.D.C. Holdings, Inc. (NYSE:MDC) has risen 65.26% since March 21, 2017 and is uptrending. It has outperformed by 48.56% the S&P500.

M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial service businesses in the United States. The company has market cap of $1.60 billion. The Company’s homebuilding activities include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. It has a 11.47 P/E ratio. The firm conducts its homebuilding activities in Arizona, California, Nevada, Washington, Colorado, Utah, Virginia, Florida, Maryland, Pennsylvania, and New Jersey.

M.D.C. Holdings, Inc. (NYSE:MDC) Ratings Coverage

Among 11 analysts covering MDC Holdings (NYSE:MDC), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. MDC Holdings had 30 analyst reports since August 6, 2015 according to SRatingsIntel. On Tuesday, August 22 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The firm has “Hold” rating given on Wednesday, August 30 by Wells Fargo. The stock of M.D.C. Holdings, Inc. (NYSE:MDC) earned “Hold” rating by Deutsche Bank on Thursday, August 3. The firm has “Sell” rating given on Monday, January 30 by Evercore. The stock of M.D.C. Holdings, Inc. (NYSE:MDC) has “Sell” rating given on Wednesday, January 17 by UBS. As per Tuesday, October 13, the company rating was initiated by Barclays Capital. The rating was maintained by Bank of America with “Underperform” on Friday, February 2. The firm earned “Hold” rating on Tuesday, September 26 by KeyBanc Capital Markets. The company was maintained on Monday, November 6 by UBS. On Tuesday, May 16 the stock rating was downgraded by Wells Fargo to “Underperform”.

More news for M.D.C. Holdings, Inc. (NYSE:MDC) were recently published by:, which released: “BRIEF-Mdc Holdings Inc CEO Larry A. Mizel’s 2017 Total Compensation Was $9.6 …” on March 05, 2018.‘s article titled: “MDC Holdings, Inc. Homebuilder Opens New Community In The Rancho Sahuarita …” and published on February 19, 2018 is yet another important article.

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