CalAtlantic Group, Inc. (NYSE:CAA).
Fisher Asset Management, LLC says it bought 5,010 shares last quarter increasing its exposure to CalAtlantic Group, Inc. by 0.2%. Its position stood at $78,234,000 a decrease of $4,460,000 as of quarter end.
Other firms have also shifted positions in (CAA). As of quarter end Creative Planning had bought 300 shares growing its stake by 45.7%. The value of the investment in CAA went from $25,000 to $34,000 increasing 36.0% since the last quarter. As of the end of the quarter Gw&k Investment Management, LLC had acquired a total of 34,272 shares growing its holdings by 3.3%. The value of the total investment in CalAtlantic Group, Inc. decreased from $38,469,000 to $37,523,000 a change of $946,000 quarter over quarter.
Bank Of Montreal /can/ trimmed its holdings by shedding 715 shares a decrease of 35.9% from 03/31/2017 to 06/30/2017. Bank Of Montreal /can/ owns 1,274 shares worth $45,000. The total value of its holdings decreased 39.2%.
On July 11 the company was upgraded from “Overweight” to “Equal-Weight” by analysts at Barclays. Equity analyst Evercore ISI Group added the stock to its research portfolio setting a rating of “Buy”.
On September 29 analysts at Wells Fargo started coverage with an initial rating of “Market Perform”. On September 20, 2016 Wedbush initiated coverage on CAA with a rating of “Outperform” and a price target of $44.00.
On August 12 the stock rating was upgraded to “Buy” from “Underperform” in a report from Bank of America. RBC Capital initiated coverage on the stock by announcing an initial rating of “Outperform”.
The company is up from yesterday’s close of $36.51. Additionally the company declared a dividend for shareholders paid on Friday June 30th, 2017. The dividend payment was $0.040 per share for the quarter or $0.16 annualized. This dividend amount represented a yeild of $0.44. The ex-dividend date was set for Tuesday the 13th of June 2017.
Shares of the company are trading at $36.60 which is slightly above the 50 day moving average of $35.85 and barely above the 200 day moving average of $35.72. The 50 day moving average was up by +2.11% and the 200 day average went up $0.88 or +2.46%.
The company currently has a P/E ratio of 9.86 and the market cap of the company is 4.20B. As of the last earnings report the EPS was $3.71 and is expected to be $3.63 for the current year with 114,623,000 shares presently outstanding. Next quarter’s EPS is expected be $1.00 and the next full year EPS is anticipated to be $4.11.