Home building company, Masco Corporation (NYSE:MAS), strong balance sheet has prompted it to increase its dividend offer by 20%, clearly demonstrating its promise to return maximum value to its shareholders. The latest dividend hike marks the company’s 14th quarterly hike since inception. The company commands a strong balance sheet with improved cash flow and favorable outlook. Masco Corporation (NYSE:MAS) net profit margin is 4.10% and weekly performance is 3.82%. On last trading day company shares ended up $20.92. Analysts mean target price for the company is $23.36. Masco Corporation (NYSE:MAS) distance from 50-day simple moving average (SMA50) is -2.65%.
D.R. Horton Inc. (NYSE:DHI)’s Southwest Florida Division has announced that the new community of Lindsford is scheduled to open for sales in July. Located off Winkler Avenue in Fort Myers, Lindsford offers new single-family homes within a gated community close to I-75, U.S. 41 and the historic River District of downtown Fort Myers. D.R. Horton, Inc. (NYSE:DHI) shares advanced 2.40% in last trading session and ended the day on $22.65. DHI Gross Margin is 23.30% and its return on assets is 6.10%. D.R. Horton, Inc. (NYSE:DHI) quarterly performance is -4.07%.
China Ming Yang Wind Power Group Ltd (NYSE:MY) was up 16% after the wind-turbine manufacturer reported an eightfold surge in Q1 earnings as sales climbed 52% and gross margin improved. The China-based company’s earnings attributable to shareholders soared to RMB188.4 million, or RMB1.51 per share ($30.3 million, or $0.24 per share), from RMB23.3 million, or RMB0.19 per share, a year earlier. Revenue jumped 52% to RMB1.22 billion ($196.9 million). Analyst estimates weren’t available for comparison via Capital IQ. The company said its total wind turbine generators (“WTGs”) for which revenue was recognized amounted to an equivalent wind power project output of 386.0 megawatts, up 57% from Q1 2013. Gross margin was 15.7%, up from 11.1% in Q1 2013. China Ming Yang Wind Power Group Ltd (NYSE:MY) shares moved down -15.15% in last trading session and was closed at $3.08, while trading in range of $3.05 – $3.48. China Ming Yang Wind Power Group Ltd (NYSE:MY) year to date (YTD) performance is 25.71%.
Danaher Corp. (NYSE:DHR) is already close to an all-time high, and now there is some talk that the diversified conglomerate will be broken up. Several reports are driving interest on Thursday. One issue that could be driving some of the change here is that the company is also in the midst of a CEO transition. Danaher Corporation (NYSE:DHR) ended the last trading day at $78.03. Company weekly volatility is calculated as 1.67% and price to cash ratio as 16.31. Danaher Corporation (NYSE:DHR) showed a positive weekly performance of 4.08%.
PulteGroup, Inc. (NYSE:PHM) and D.R. Horton are more geographically diversified than KB Home or Lennar, and they focus more on the first-time homebuyer. PulteGroup, Inc. (NYSE:PHM) net profit margin is 47.50% and weekly performance is 2.13%. On last trading day company shares ended up $19.22. Analysts mean target price for the company is $21.97. PulteGroup, Inc. (NYSE:PHM) distance from 50-day simple moving average (SMA50) is 1.80%.