Shares of KB Home (NYSE:KBH) were the target of a large drop in short interest in the month of January. As of March 31st, there was short interest totalling 15,713,775 shares, a drop of 24.2% from the March 14th total of 20,723,642 shares, AnalystRatings.Net reports. Currently, 19.9% of the company’s shares are short sold. Based on an average daily trading volume, of 7,675,168 shares, the days-to-cover ratio is currently 2.0 days. KB Home (NYSE:KBH) shares after opening at $16.53 moved to $16.54 on last trade day and at the end of the day closed at $16.15. Company price to sales ratio in past twelve months was calculated as 0.68 and price to cash ratio as 4.83. KB Home (NYSE:KBH) showed a negative weekly performance of -1.34%.
Citigroup Inc. upgraded shares of D.R. Horton (NYSE:DHI) from a neutral rating to a buy rating in a research note released on Thursday morning, TheFlyOnTheWall.com reports. D.R. Horton, Inc. (NYSE:DHI) shares fell -2.77% in last trading session and ended the day on $22.49. DHI return on equity ratio is recorded as 14.70% and its return on assets is 6.80%. D.R. Horton, Inc. (NYSE:DHI) yearly performance is -8.17%.
Lennar Corporation (LEN) is also expected to move up as the estimates beat by D.R. Horton and Pulte Group strengthens investors’ confidence in the homebuilding industry. Lennar Corporation (NYSE:LEN) shares moved down -2.28% in last trading session and was closed at $38.61, while trading in range of $ 38.42 – 39.44. Lennar Corporation (NYSE:LEN) year to date (YTD) performance is -2.20%.
NVR (NYSE:NVR)‘s stock had its “neutral” rating restated by research analysts at JPMorgan Chase & Co. in a report released on Tuesday, Stock Ratings News reports. They currently have a $1,070.00 price objective on the stock. NVR, Inc. (NYSE:NVR) weekly performance is -4.09%. On last trading day company shares ended up $ 1,070.99. NVR, Inc.(NYSE:NVR) distance from 50-day simple moving average (SMA50) is -7.40%. Analysts mean target price for the company is $ 1015.13.