KB Home (NYSE:KBH): Institutional Investor Sentiment Up to 1.14

July 18, 2017 - By Kurt Siggers

 KB Home (NYSE:KBH): Institutional Investor Sentiment Up to 1.14

Sentiment for KB Home (NYSE:KBH)

KB Home (NYSE:KBH) institutional sentiment decreased to 1.14 in Q4 2016. Its down -0.04, from 1.18 in 2016Q3. The ratio is negative, as 98 funds started new or increased equity positions, while 86 reduced and sold their equity positions in KB Home. The funds in our partner’s database now own: 85.48 million shares, up from 79.92 million shares in 2016Q3. Also, the number of funds holding KB Home in their top 10 equity positions increased from 0 to 1 for an increase of 1. Sold All: 28 Reduced: 58 Increased: 70 New Position: 28.

KB HOME is a homebuilding company. The Firm is engaged in selling and building a range of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes. The company has market cap of $2.02 billion. It operates through five divisions, which consist of four homebuilding divisions and one financial services segment. It has a 18.19 P/E ratio. The Company’s homebuilding divisions include West Coast, Southwest, Central and Southeast.

The stock decreased 0.04% or $0.01 on July 17, reaching $23.64. About shares traded. KB Home (NYSE:KBH) has risen 69.35% since July 18, 2016 and is uptrending. It has outperformed by 52.65% the S&P500.

Donald Smith & Co. Inc. holds 2.87% of its portfolio in KB Home for 6.76 million shares. Element Capital Management Llc owns 565,030 shares or 0.92% of their US portfolio. Moreover, Systematic Financial Management Lp has 0.72% invested in the company for 2.88 million shares. The South Dakota-based South Dakota Investment Council has invested 0.53% in the stock. Foundry Partners Llc, a Minnesota-based fund reported 521,323 shares.#img1#

Since January 1, 0001, it had 0 buys, and 1 sale for $891,450 activity.

KB Home (NYSE:KBH) Ratings Coverage

Ratings analysis reveals 4% of KB Home’s analysts are positive. Out of 23 Wall Street analysts rating KB Home, 1 give it “Buy”, 6 “Sell” rating, while 16 recommend “Hold”. The lowest target is $11 while the high is $2400. The stock’s average target of $17.58 is -25.63% below today’s ($23.64) share price. KBH was included in 43 notes of analysts from September 4, 2015. The stock of KB Home (NYSE:KBH) has “Market Perform” rating given on Monday, March 28 by Wood. The firm earned “Sector Perform” rating on Wednesday, September 21 by RBC Capital Markets. On Thursday, September 24 the stock rating was maintained by Compass Point with “Neutral”. The stock of KB Home (NYSE:KBH) has “Sector Perform” rating given on Friday, March 24 by RBC Capital Markets. The stock of KB Home (NYSE:KBH) has “Underperform” rating given on Monday, July 10 by Mizuho. The stock has “Underperform” rating by Bank of America on Wednesday, October 21. The firm has “Neutral” rating given on Monday, July 18 by Buckingham Research. The rating was downgraded by Raymond James to “Underperform” on Tuesday, January 24. FBR Capital maintained the shares of KBH in report on Friday, September 25 with “Mkt Perform” rating. Evercore downgraded KB Home (NYSE:KBH) rating on Thursday, January 12. Evercore has “Sell” rating and $14 target.

More notable recent KB Home (NYSE:KBH) news were published by: Nasdaq.com which released: “KB Home (KBH) on a Bull Run: Here’s Why It Can Scale Higher” on June 20, 2017, also Nasdaq.com with their article: “KB Home reports second-quarter numbers June 27” published on June 24, 2017, Seekingalpha.com published: “KB Home: Built To Last” on July 05, 2017. More interesting news about KB Home (NYSE:KBH) were released by: Seekingalpha.com and their article: “KB Home Still Has Foundation For Continued Price Momentum” published on June 30, 2017 as well as Barrons.com‘s news article titled: “Mizuho Cuts KB Home, PulteGroup To Sell” with publication date: July 10, 2017.

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