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

July 18, 2017 - By Vivian Park

 Here's how analysts see Meritage Homes Corp (NYSE:MTH) after this past week.
Investors sentiment decreased to 0.89 in Q4 2016. Its down 0.61, from 1.5 in 2016Q3. It dropped, 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.
Walleye Trading Ltd Liability owns 10,805 shares. South Dakota Investment Council has 0.75% invested in Meritage Homes Corp (NYSE:MTH). The Manitoba – Canada-based Great West Life Assurance Communications Can has invested 0% in Meritage Homes Corp (NYSE:MTH). State Teachers Retirement Sys has invested 0.01% in Meritage Homes Corp (NYSE:MTH). Td Asset accumulated 0% or 20,900 shares. Australia-based Macquarie Group Ltd has invested 0.09% in Meritage Homes Corp (NYSE:MTH). Us Fincl Bank De stated it has 0% in Meritage Homes Corp (NYSE:MTH). Peak6 Invests L P invested in 9,010 shares or 0% of the stock. Royal Bancshares Of Canada holds 0% or 2,521 shares. Rocky Mountain Advisers Limited Com invested 0.52% in Meritage Homes Corp (NYSE:MTH). Prudential Financial holds 64,408 shares or 0% of its portfolio. Blackrock Advsr Limited Liability holds 0% or 20,132 shares in its portfolio. Cubist Systematic Strategies Lc, a Connecticut-based fund reported 9,259 shares. Thrivent Fincl For Lutherans holds 0% of its portfolio in Meritage Homes Corp (NYSE:MTH) for 20,240 shares. 23 were reported by Parkside Bank & Trust And.

Since February 13, 2017, it had 0 buys, and 6 sales for $1.09 million activity. Another trade for 1,857 shares valued at $63,742 was made by Lord Phillippe on Monday, February 13. $274,248 worth of stock was sold by WHITE C TIMOTHY on Tuesday, May 9. $183,800 worth of Meritage Homes Corp (NYSE:MTH) was sold by HADDOCK GERALD W. Shares for $45,019 were sold by Sferruzza Hilla on Monday, February 13.

Meritage Homes Corp (NYSE:MTH) Ratings Coverage

Among 14 analysts covering Meritage (NYSE:MTH), 1 have Buy rating, 2 Sell and 11 Hold. Therefore 7% are positive. Meritage had 38 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Meritage Homes Corp (NYSE:MTH) earned “Outperform” rating by FBN Securities on Tuesday, January 5. The firm has “Sector Perform” rating given on Monday, April 18 by FBN Securities. The stock of Meritage Homes Corp (NYSE:MTH) earned “Neutral” rating by Credit Suisse on Tuesday, December 15. The rating was upgraded by Zacks to “Sell” on Friday, August 14. The firm has “Hold” rating by Evercore given on Monday, January 30. The stock of Meritage Homes Corp (NYSE:MTH) earned “Sell” rating by Zacks on Monday, September 7. FBR Capital maintained it with “Mkt Perform” rating and $40 target in Monday, November 2 report. The stock has “Neutral” rating by UBS on Wednesday, August 12. The firm has “Overweight” rating by Barclays Capital given on Thursday, April 7. The firm earned “Hold” rating on Tuesday, August 2 by Deutsche Bank. Below is a list of Meritage Homes Corp (NYSE:MTH) latest ratings and price target changes.

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
08/02/2017 Broker: BTIG Research Rating: Neutral Initiates Coverage On
30/01/2017 Broker: Evercore Old Rating: Buy New Rating: Hold Downgrade

The stock decreased 0.12% or $0.05 on July 17, reaching $42.4. About shares traded. Meritage Homes Corp (NYSE:MTH) has risen 18.92% since July 18, 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 $1.71 billion. The Firm is a designer and builder of single-family homes. It has a 11.79 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: “Meritage Homes Corp Stock Down 12% Post Earnings: Here’s What Matters” published on April 28, 2016, Fool.com published: “Meritage Homes Corp. Finishes 2016 Strong, but a Few Things Bear Watching” on February 02, 2017. More interesting news about Meritage Homes Corp (NYSE:MTH) were released by: Seekingalpha.com and their article: “Meritage Homes’ (MTH) CEO Steve Hilton on Q1 2017 Results – Earnings Call …” published on April 27, 2017 as well as Fool.com‘s news article titled: “Meritage Homes Corp Profits Up, Gross Margin Down: Guess What Mister Market Does?” with publication date: August 03, 2016.

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