First United Bank Trust Stake in Pulte (PHM) Has Trimmed by $556,790 as Shares Rose; Gtt Communications (GTT) Valuation Declined While Spruce House Investment Management Has Lifted by $29.62 Million Its Holding

PulteGroup, Inc. (NYSE:PHM) Logo

First United Bank Trust decreased its stake in Pulte Corporation (PHM) by 67.68% based on its latest 2018Q4 regulatory filing with the SEC. First United Bank Trust sold 21,415 shares as the company’s stock rose 3.52% with the market. The institutional investor held 10,228 shares of the capital goods company at the end of 2018Q4, valued at $266,000, down from 31,643 at the end of the previous reported quarter. First United Bank Trust who had been investing in Pulte Corporation for a number of months, seems to be less bullish one the $8.03 billion market cap company. The stock increased 1.22% or $0.35 during the last trading session, reaching $28.94. About 2.66M shares traded. PulteGroup, Inc. (NYSE:PHM) has declined 3.62% since April 7, 2018 and is downtrending. It has underperformed by 7.99% the S&P500. Some Historical PHM News: 24/04/2018 – Pulte’s home sales forecast points to strong housing market; 07/03/2018 – BILL PULTE, WILLIAM PULTE’S GRANDSON – “ALL PULTE FAMILY INTERESTS TO REMAIN 100% PULTE-FAMILY CONTROLLED”; 17/04/2018 – PulteGroup’s Built to Honor Program Presented with Hearthstone Donation; 15/03/2018 – PulteGroup Promotes Michelle Hairston to Senior Vice Pres, Human Re; 25/04/2018 – PULTEGROUP INC PHM.N : CITIGROUP RAISES TARGET PRICE TO $27 FROM $25; 24/04/2018 – Homebuilder PulteGroup’s quarterly profit jumps 87 pct; 24/04/2018 – PULTEGROUP INC – QTRLY HOME SALE REVENUES GAINED 21% TO $1.9 BLN; 26/04/2018 – PULTEGROUP INC PHM.N : JP MORGAN RAISES TARGET PRICE TO $40 FROM $39; 17/04/2018 – PulteGroup’s Built to Honor Program Presented with Hearthstone Donation; 07/05/2018 – PulteGroup’s Presentation at the J.P. Morgan Homebuilding & Building Products Conference to Be Webcast Live

Spruce House Investment Management Llc increased its stake in Gtt Communications Inc (GTT) by 13.4% based on its latest 2018Q4 regulatory filing with the SEC. Spruce House Investment Management Llc bought 1.29M shares as the company’s stock declined 5.71% while stock markets rallied. The institutional investor held 10.90M shares of the public utilities company at the end of 2018Q4, valued at $257.89M, up from 9.61M at the end of the previous reported quarter. Spruce House Investment Management Llc who had been investing in Gtt Communications Inc for a number of months, seems to be bullish on the $2.15 billion market cap company. The stock increased 1.66% or $0.63 during the last trading session, reaching $38.51. About 492,418 shares traded or 18.34% up from the average. GTT Communications, Inc. (NYSE:GTT) has declined 36.44% since April 7, 2018 and is downtrending. It has underperformed by 40.81% the S&P500. Some Historical GTT News: 16/05/2018 – GTT GETS NOTIFICATION FOR ORDER OF 2 NEW LNG CARRIERS; 21/03/2018 – GTT: GTT NOTIFIED FOR DESIGN OF LNG TANKS OF 2 NEW LNG CARRIERS; 26/04/2018 – REG-GTT : NOTICE OF AVAILABILITY OF THE 2017 REGISTRATION DOCUMENT; 26/03/2018 – Aleph and Crestview to Invest in GTT as Part of lnteroute Acquisition; 21/05/2018 – GTT Comms Presenting at Conference May 30; 10/04/2018 – GTT Closes Above 50-Day Moving Average: Technicals; 27/03/2018 – GTT GTT.PA – RECEIVES AN ORDER FROM SAMSUNG HEAVY INDUSTRIES TO DESIGN THE LNG TANKS OF A NEW LNG CARRIER; 10/04/2018 – GTT GTT.PA – RECEIVES AN ORDER FROM HHI TO EQUIP A NEW LNG CARRIER; 17/05/2018 – REG-GTT: GTT’s 2018 combined shareholders’ annual general meeting summary; 30/05/2018 – REG-GTT: Main terms and conditions of the share buy-back programme

More notable recent GTT Communications, Inc. (NYSE:GTT) news were published by: Seekingalpha.com which released: “GTT Communications, Inc. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on November 08, 2018, also with their article: “Buy The Dip In GTT Communications (NYSE:GTT), KeyBanc Says In Upgrade – Benzinga” published on May 04, 2018, Seekingalpha.com published: “GTT Communications Inc. (GTT) CEO Rick Calder on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on February 28, 2019. More interesting news about GTT Communications, Inc. (NYSE:GTT) were released by: Seekingalpha.com and their article: “GTT Communications: Substantial Upside For A Misunderstood Telecom Company – Seeking Alpha” published on December 13, 2018 as well as Seekingalpha.com‘s news article titled: “GTT -13% on swing to Q2 loss – Seeking Alpha” with publication date: August 03, 2018.

Analysts await PulteGroup, Inc. (NYSE:PHM) to report earnings on April, 23. They expect $0.50 EPS, down 15.25% or $0.09 from last year’s $0.59 per share. PHM’s profit will be $138.74M for 14.47 P/E if the $0.50 EPS becomes a reality. After $1.11 actual EPS reported by PulteGroup, Inc. for the previous quarter, Wall Street now forecasts -54.95% negative EPS growth.

PulteGroup, Inc. (NYSE:PHM) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.