Stocks In News: PulteGroup, Inc. (NYSE:PHM), M/I Homes Inc (NYSE:MHO), Standard Pacific Corp. (NYSE:SPF), M.D.C. Holdings, Inc. (NYSE:MDC)

At the end of the first quarter, Crown had 6.7 percent of all new home closings in metro Atlanta, while D.R. Horton had 5.9 percent market share. The number three builder, the private Peachtree Communities, had 5 percent. PulteGroup, the Michigan company that is moving its headquarters to Atlanta, was fourth, with 3.5 percent market share. PulteGroup, Inc. (NYSE:PHM) net profit margin is 47.50% and weekly performance is -2.08%. On last trading day company shares ended up $18.32. Analysts mean target price for the company is $21.97. PulteGroup, Inc. (NYSE:PHM) distance from 50-day simple moving average (SMA50) is -4.62%.

Bulldozers began rolling last fall on the 125-home Alverta development on the site of the former Western Row Golf Course in Mason. Builder M/I Homes Inc (NYSE:MHO) held a lottery in December when interest in the homes, which start at $336,000, outpaced available lots. M/I Homes Inc (NYSE:MHO) shares advanced 2.62% in last trading session and ended the day on $21.97. MHO Gross Margin is 20.30% and its return on assets is 14.70%. M/I Homes Inc (NYSE:MHO) quarterly performance is -9.81%.

Standard Pacific Corp. (NYSE:SPF) received 1,311 new orders in Q1 that were 6% down than last year’s total orders, but even after this slight downturn the company poised $61.6 million pretax income which was 74% more than last year’s income. The company was able to register 174 active selling communities in Q1, 10% more than the last year. Standard Pacific Corp. (NYSE:SPF) shares moved up 1.30% in last trading session and was closed at $7.80, while trading in range of $7.64 – $7.81. Standard Pacific Corp. (NYSE:SPF) year to date (YTD) performance is -13.81%.

M.D.C. Holdings (NYSE:MDC) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Wednesday, AnalystRatings.Net reports. The firm currently has a $28.50 price target on the stock. Zacks‘s price objective suggests a potential upside of 2.93% from the company’s current price. M.D.C. Holdings, Inc. (NYSE:MDC) ended the last trading day at $28.16. Company weekly volatility is calculated as 2.96% and price to cash ratio as 6.90. M.D.C. Holdings, Inc. (NYSE:MDC) showed a negative weekly performance of -3.46%.