Here’s how analysts see Meritage Homes Corp (NYSE:MTH) after this past week.

September 15, 2017 - By Marguerite Chambers

 Here's how analysts see Meritage Homes Corp (NYSE:MTH) after this past week.
Investors sentiment decreased to 0.89 in 2016 Q4. Its down 0.61, from 1.5 in 2016Q3. It is negative, as 13 investors sold Meritage Homes Corp shares while 51 reduced holdings. 15 funds opened positions while 42 raised stakes. 38.63 million shares or 1.58% less from 39.26 million shares in 2016Q3 were reported.
Moreover, Blackrock Institutional Trust Co Na has 0% invested in Meritage Homes Corp (NYSE:MTH). Us Bancorp De reported 1,303 shares. First Trust Advsrs Lp invested in 0.01% or 61,217 shares. Td Asset Inc holds 0% or 20,900 shares in its portfolio. State Street stated it has 836,459 shares or 0% of all its holdings. Ameriprise holds 200,832 shares or 0% of its portfolio. Vanguard Group Inc has invested 0.01% in Meritage Homes Corp (NYSE:MTH). Kcg Holdg owns 9,972 shares. Guggenheim Capital Llc holds 0.01% or 121,164 shares in its portfolio. Profund Advsr Ltd Liability Corp holds 0.02% or 11,750 shares. Capstone Asset Management accumulated 15,930 shares or 0.02% of the stock. Tower Research Capital Ltd Limited Liability Company (Trc) reported 0.01% in Meritage Homes Corp (NYSE:MTH). Morgan Stanley has invested 0% in Meritage Homes Corp (NYSE:MTH). Voya Invest Ltd Liability invested in 538,592 shares. The Pennsylvania-based Emerald Mutual Fund Advisers Tru has invested 0.26% in Meritage Homes Corp (NYSE:MTH).

Since May 9, 2017, it had 0 insider buys, and 2 sales for $584,411 activity. $274,248 worth of Meritage Homes Corp (NYSE:MTH) was sold by WHITE C TIMOTHY.

Meritage Homes Corp (NYSE:MTH) Ratings Coverage

Among 15 analysts covering Meritage (NYSE:MTH), 1 have Buy rating, 2 Sell and 12 Hold. Therefore 7% are positive. Meritage had 41 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Meritage Homes Corp (NYSE:MTH) earned “Mkt Perform” rating by FBR Capital on Friday, July 29. On Monday, January 30 the stock rating was downgraded by Evercore to “Hold”. The rating was downgraded by Deutsche Bank on Tuesday, August 2 to “Hold”. The stock of Meritage Homes Corp (NYSE:MTH) has “Hold” rating given on Friday, October 30 by Evercore. The company was initiated on Friday, January 6 by Barclays Capital. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, August 1. Wood maintained Meritage Homes Corp (NYSE:MTH) on Friday, April 28 with “Hold” rating. Zacks upgraded the stock to “Sell” rating in Friday, August 14 report. The firm earned “Neutral” rating on Tuesday, August 2 by JP Morgan. The rating was upgraded by JP Morgan on Friday, September 11 to “Neutral”. Below is a list of Meritage Homes Corp (NYSE:MTH) latest ratings and price target changes.

01/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $45.0000 Maintain
02/08/2017 Broker: Barclays Capital Rating: Underweight Old Target: $36 New Target: $38 Maintain
02/08/2017 Broker: Deutsche Bank Rating: Hold Old Target: $40 New Target: $42 Maintain
23/06/2017 Broker: Credit Suisse Rating: Neutral New Target: $40 Initiates Coverage On
28/04/2017 Broker: Wood Rating: Hold New Target: $37.00 Maintain
03/04/2017 Broker: JMP Securities Old Rating: Mkt Perform New Rating: Mkt Outperform Upgrade

The stock increased 1.49% or $0.6 during the last trading session, reaching $40.8. About shares traded. Meritage Homes Corp (NYSE:MTH) has risen 18.92% since September 15, 2016 and is uptrending. It has outperformed by 2.22% the S&P500.

Meritage Homes Corporation operates as a holding company. The company has market cap of $1.65 billion. The Firm is a designer and builder of single-family homes. It has a 11.27 P/E ratio. The Firm operates through two divisions: homebuilding and financial services.

More notable recent Meritage Homes Corp (NYSE:MTH) news were published by: Fool.com which released: “Meritage Homes Corp Builds Better Results on Strong Orders, New Communities” on May 01, 2017, also Fool.com with their article: “Things that bear watching closely” published on February 02, 2017, Nasdaq.com published: “Beazer Homes (BZH) Updates Q4 Views, Weather Woes Continue” on September 14, 2017. More interesting news about Meritage Homes Corp (NYSE:MTH) were released by: Globenewswire.com and their article: “Meritage Homes to Donate $250000 to Support Hurricane Harvey Relief Efforts” published on September 07, 2017 as well as Globenewswire.com‘s news article titled: “Operation Homefront Selects Dallas Veteran for Mortgage-Free Meritage Home” with publication date: September 11, 2017.

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