Disciplina Capital Management LLC Increases Position in Lennar Corporation $LEN

Disciplina Capital Management LLC increased its position in shares of Lennar Corporation (NYSE:LEN) by 179.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 333 shares of the construction company’s stock after acquiring an additional 214 shares during the period. Disciplina Capital Management LLC’s holdings in Lennar were worth $38,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Tokio Marine Asset Management Co. Ltd. increased its holdings in Lennar by 1.2% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 7,719 shares of the construction company’s stock worth $886,000 after purchasing an additional 89 shares during the period. NorthRock Partners LLC grew its position in shares of Lennar by 1.4% during the first quarter. NorthRock Partners LLC now owns 6,509 shares of the construction company’s stock worth $747,000 after buying an additional 93 shares in the last quarter. Valeo Financial Advisors LLC increased its stake in shares of Lennar by 1.1% during the first quarter. Valeo Financial Advisors LLC now owns 8,841 shares of the construction company’s stock worth $1,015,000 after buying an additional 95 shares during the period. Mather Group LLC. raised its holdings in Lennar by 8.4% in the first quarter. Mather Group LLC. now owns 1,517 shares of the construction company’s stock valued at $174,000 after acquiring an additional 117 shares in the last quarter. Finally, Omnia Family Wealth LLC lifted its stake in Lennar by 1.9% in the first quarter. Omnia Family Wealth LLC now owns 6,417 shares of the construction company’s stock worth $737,000 after acquiring an additional 119 shares during the last quarter. 81.10% of the stock is owned by institutional investors and hedge funds.

Lennar Stock Performance

Shares of LEN opened at $132.03 on Monday. The company’s 50 day simple moving average is $113.98 and its 200-day simple moving average is $113.94. Lennar Corporation has a 12-month low of $98.42 and a 12-month high of $193.80. The firm has a market cap of $34.20 billion, a PE ratio of 10.92, a price-to-earnings-growth ratio of 5.60 and a beta of 1.29. The company has a current ratio of 3.65, a quick ratio of 0.49 and a debt-to-equity ratio of 0.12.

Lennar (NYSE:LEN) last posted its quarterly earnings data on Monday, June 16th. The construction company reported $1.90 EPS for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.04). Lennar had a net margin of 9.20% and a return on equity of 12.73%. The business had revenue of $8.38 billion during the quarter, compared to analyst estimates of $8.21 billion. During the same quarter in the prior year, the firm posted $3.45 earnings per share. The company’s revenue for the quarter was down 4.4% compared to the same quarter last year. As a group, equities analysts predict that Lennar Corporation will post 12.48 EPS for the current year.

Lennar Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Thursday, July 3rd were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, July 3rd. Lennar’s dividend payout ratio (DPR) is presently 16.54%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Lennar from a “hold” rating to a “sell” rating in a report on Saturday, June 21st. Zelman & Associates cut Lennar from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 18th. Royal Bank Of Canada decreased their price target on Lennar from $122.00 to $98.00 and set a “sector perform” rating for the company in a report on Wednesday, June 18th. Wedbush reiterated a “neutral” rating and issued a $130.00 price objective on shares of Lennar in a report on Wednesday, June 18th. Finally, Evercore ISI decreased their target price on Lennar from $131.00 to $114.00 and set an “in-line” rating for the company in a research note on Wednesday, June 18th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $128.85.

Lennar Company Profile

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company’s homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.