Measured Wealth Private Client Group LLC Has $518,000 Stock Holdings in Lennar Co. (NYSE:LEN)

Measured Wealth Private Client Group LLC increased its stake in Lennar Co. (NYSE:LEN) by 6.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,797 shares of the construction company’s stock after purchasing an additional 219 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Lennar were worth $518,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Choreo LLC increased its holdings in Lennar by 3.3% in the 4th quarter. Choreo LLC now owns 8,888 shares of the construction company’s stock valued at $1,211,000 after buying an additional 281 shares during the period. Confluence Wealth Services Inc. increased its stake in Lennar by 22.6% in the fourth quarter. Confluence Wealth Services Inc. now owns 9,206 shares of the construction company’s stock valued at $1,238,000 after acquiring an additional 1,699 shares during the last quarter. Stratos Wealth Advisors LLC raised its position in Lennar by 23.4% during the fourth quarter. Stratos Wealth Advisors LLC now owns 7,409 shares of the construction company’s stock valued at $1,010,000 after purchasing an additional 1,404 shares in the last quarter. Mather Group LLC. lifted its stake in Lennar by 22.1% during the fourth quarter. Mather Group LLC. now owns 1,400 shares of the construction company’s stock worth $191,000 after purchasing an additional 253 shares during the last quarter. Finally, Asset Management Advisors LLC boosted its holdings in shares of Lennar by 0.6% in the 4th quarter. Asset Management Advisors LLC now owns 53,342 shares of the construction company’s stock valued at $7,274,000 after purchasing an additional 315 shares in the last quarter. Institutional investors and hedge funds own 81.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Keefe, Bruyette & Woods dropped their price objective on Lennar from $210.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, December 20th. Barclays dropped their target price on shares of Lennar from $135.00 to $121.00 and set an “equal weight” rating for the company in a report on Friday, January 31st. Wolfe Research cut shares of Lennar from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 8th. Citigroup cut their target price on shares of Lennar from $196.00 to $150.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. Finally, Wells Fargo & Company lowered their price target on shares of Lennar from $180.00 to $165.00 and set an “equal weight” rating for the company in a report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $167.19.

Lennar Stock Performance

Shares of LEN stock opened at $127.11 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.71 and a quick ratio of 1.06. Lennar Co. has a one year low of $125.21 and a one year high of $193.80. The business’s 50 day simple moving average is $143.33 and its 200 day simple moving average is $165.36. The stock has a market capitalization of $33.75 billion, a PE ratio of 8.86, a PEG ratio of 1.32 and a beta of 1.67.

Lennar (NYSE:LEN) last posted its quarterly earnings data on Wednesday, December 18th. The construction company reported $4.03 earnings per share for the quarter, missing the consensus estimate of $4.15 by ($0.12). The firm had revenue of $9.95 billion for the quarter, compared to analyst estimates of $10.06 billion. Lennar had a return on equity of 13.93% and a net margin of 11.10%. The company’s quarterly revenue was down 9.3% compared to the same quarter last year. During the same quarter last year, the company earned $4.82 earnings per share. As a group, research analysts forecast that Lennar Co. will post 12.52 earnings per share for the current year.

Lennar Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Wednesday, January 29th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $2.00 annualized dividend and a yield of 1.57%. Lennar’s dividend payout ratio is currently 13.95%.

About Lennar

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company’s homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.