Tag: Lennar Corporation

  • Gainers at S&P 500: D.R. Horton (NYSE:DHI), Actavis plc Ordinary Shares (NYSE:ACT), Forest Laboratories (NYSE:FRX), Integrys Energy Group (NYSE:TEG), Lennar Corporation (NYSE:LEN)

    Shares of D.R. Horton, Inc. (NYSE:DHI), have been given an average rating of “Hold” by the seventeen analysts that are covering the stock, AmericanBankingNews.com reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $25.00. D.R. Horton, Inc. (NYSE:DHI), net profit margin is 7.80% and weekly performance is 1.75%. On last trading day company shares ended up $23.89. Analysts mean target price for the company is $24.93. D.R. Horton, Inc. (NYSE:DHI), distance from 50-day simple moving average (SMA50) is 4.56%.

    Actavis plc Ordinary Shares (NYSE:ACT), and Forest Laboratories, Inc. (NYSE: FRX) announced that the tentative election deadline for Forest stockholders to elect the form of consideration they wish to receive in Actavis’ planned acquisition of Forest is 5:00 p.m., Eastern time, on June 27, 2014 (the “Election Deadline”). Actavis plc Ordinary Shares (NYSE:ACT), advanced 1.29% in last trading session and ended the day on $224.21. ACT, Gross Margin is 48.10% and its return on assets is -3.00%. Actavis plc Ordinary Shares (NYSE:ACT), quarterly performance is 8.70%.

    Actavis plc (NYSE: ACT) and Forest Laboratories, Inc. (NYSE:FRX), announced that C. David Nicholson, PhD will be appointed Senior Vice President, Actavis Global Brands R&D following the close of Actavis’planned acquisition of Forest. Forest Laboratories, Inc. (NYSE:FRX), shares moved up 1.31 in last trading session and was closed at $100.04, while trading in range of $98.87 – 100.22. Forest Laboratories, Inc. (NYSE:FRX), year to date (YTD) performance is 66.65%.

    Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of Integrys Energy Group, Inc. (NYSE:TEG). It was announced that Wisconsin Energy Corp. and Integrys entered into a definitive merger agreement under which Wisconsin Energy will acquire Integrys.  Under the terms of the agreement, Wisconsin Energy will acquire all the outstanding common shares of Integrys common stock at a fixed exchange ratio of 1.128 Wisconsin Energy Shares plus $18.58 in cash per Integrys share.  The total consideration is valued at $71.47 per Integrys share. Integrys Energy Group, Inc. (NYSE:TEG), ended the last trading day at $69.27. Company weekly volatility is calculated as 2.25% and price to cash ratio as 97.86. Integrys Energy Group, Inc. (NYSE:TEG), showed a positive weekly performance of 18.39%.

    Shares of Lennar Corporation (NYSE:LEN), were the recipient of some unusual options trading activity on Wednesday. Stock investors purchased 2,429 put options on the stock, Analyst Ratings Network reports. This represents an increase of 127% compared to the typical daily volume of 1,069 put options. Lennar Corporation (NYSE:LEN), net profit margin is 8.70% and weekly performance is -0.61%. On last trading day company shares ended up $41.05. Analysts mean target price for the company is $43.56. Lennar Corporation (NYSE:LEN), distance from 50-day simple moving average (SMA50) is 3.56%.