Follow The Short Interest: How Analysts Feel About Tri Pointe Group Incorporated (NYSE:TPH) After Decrease in Sellers?

November 18, 2016 - By Winifred Garcia   ·   0 Comments

Follow The Short Interest: How Analysts Feel About Tri Pointe Group Incorporated (NYSE:TPH) After Decrease in Sellers?

The stock of Tri Pointe Group Incorporated (NYSE:TPH) registered a decrease of 4.51% in short interest. TPH’s total short interest was 9.30 million shares in November as published by FINRA. Its down 4.51% from 9.74M shares, reported previously. With 1.28 million shares average volume, it will take short sellers 7 days to cover their TPH’s short positions. The short interest to Tri Pointe Group Incorporated’s float is 6.38%. The stock increased 2.24% or $0.25 during the last trading session, hitting $11.42. TRI Pointe Group Inc (NYSE:TPH) has declined 8.35% since April 18, 2016 and is downtrending. It has underperformed by 12.78% the S&P500.

TRI Pointe Group, Inc. is a homebuilder company. The company has a market cap of $1.78 billion. The Company’s activities are organized in two principal businesses, including homebuilding and financial services. It has a 8.32 P/E ratio. The Company’s homebuilding operation consists of six divisions: Maracay Homes, including activities in Arizona; Pardee Homes, consisting of activities in California and Nevada; Quadrant Homes, consisting of activities in Washington; Trendmaker Homes, consisting of activities in Texas; TRI Pointe Homes, consisting of activities in California and Colorado, and Winchester Homes, consisting of activities in Maryland and Virginia.

Insitutional Activity: The institutional sentiment increased to 1.57 in 2016 Q2. Its up 0.72, from 0.85 in 2016Q1. The ratio is positive, as 22 funds sold all TRI Pointe Group Inc shares owned while 87 reduced positions. 27 funds bought stakes while 66 increased positions. They now own 153.96 million shares or 4.37% less from 161.00 million shares in 2016Q1.
Hsbc Plc has 28,224 shares for 0% of their US portfolio. Moreover, Nordea has 0.01% invested in TRI Pointe Group Inc (NYSE:TPH) for 149,700 shares. Shufro Rose Limited Liability Co has 0.92% invested in the company for 703,750 shares. Los Angeles Cap Equity Rech Inc has invested 0% of its portfolio in TRI Pointe Group Inc (NYSE:TPH). Franklin Resources Incorporated has 4.32M shares for 0.03% of their US portfolio. Nuveen Asset Ltd Liability Company has 68,808 shares for 0% of their US portfolio. Federated Invsts Pa holds 0% of its portfolio in TRI Pointe Group Inc (NYSE:TPH) for 47,040 shares. Schwab Charles Inv has 0.01% invested in the company for 494,989 shares. Alps holds 35,653 shares or 0% of its portfolio. Inv Counselors Of Maryland Limited Com accumulated 1.11% or 1.71M shares. Tiaa Cref Invest Mngmt Limited Liability Company last reported 529,421 shares in the company. Louisiana State Employees Retirement System, a Louisiana-based fund reported 38,800 shares. Ladenburg Thalmann Fin accumulated 0% or 815 shares. The Pennsylvania-based Pnc Fincl Ser Gru has invested 0% in TRI Pointe Group Inc (NYSE:TPH). The Massachusetts-based Liberty Mutual Group Asset Mgmt has invested 0.03% in TRI Pointe Group Inc (NYSE:TPH).

TRI Pointe Group Inc (NYSE:TPH) Ratings Coverage

Out of 6 analysts covering TRI Pointe Homes (NYSE:TPH), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. TRI Pointe Homes has been the topic of 8 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, March 18 by Deutsche Bank. Zacks upgraded the stock to “Hold” rating in Wednesday, August 12 report. The rating was initiated by Wells Fargo with “Market Perform” on Thursday, September 29. Wedbush initiated the shares of TPH in a report on Tuesday, September 20 with “Outperform” rating. The stock of TRI Pointe Group Inc (NYSE:TPH) has “Positive” rating given on Wednesday, March 30 by Susquehanna. The rating was maintained by FBR Capital on Thursday, April 28 with “Outperform”.

TPH Company Profile

TRI Pointe Group, Inc., incorporated on May 28, 2015, is a homebuilder company. The Company’s activities are organized in two principal businesses, including homebuilding and financial services. The Company’s homebuilding operation consists of six divisions: Maracay Homes, including activities in Arizona; Pardee Homes, consisting of activities in California and Nevada; Quadrant Homes, consisting of activities in Washington; Trendmaker Homes, consisting of activities in Texas; TRI Pointe Homes, consisting of activities in California and Colorado, and Winchester Homes, consisting of activities in Maryland and Virginia. The Company’s financial services operation (TRI Pointe Solutions) includes mortgage financing activities and title services operations. The Company’s mortgage financing operation (TRI Pointe Connect) provides mortgage financing to its homebuyers in all of its operated markets. The Company’s title services operation (TRI Pointe Assurance) provides title examinations for its homebuyers in its Trendmaker Homes and Winchester Homes brands. TRI Pointe Assurance is a subsidiary of the Company. The Company’s activities consist of over 100 active selling communities, and approximately 27,600 lots, which are owned or controlled by the Company.

More recent TRI Pointe Group Inc (NYSE:TPH) news were published by: Businesswire.com which released: “TRI Pointe Group, Inc. to Webcast 2016 Investor Day on November 10, 2016” on November 03, 2016. Also Businesswire.com published the news titled: “TRI Pointe Group Honored as One of the 2016 Best Places to Work” on July 20, 2016. Businesswire.com‘s news article titled: “TRI Pointe Group, Inc. Announces Pricing of $300 Million of Senior Notes Due 2021” with publication date: May 23, 2016 was also an interesting one.

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By Winifred Garcia


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