United Finl Bancorp New (UBNK) Shareholder Rmb Capital Management Has Trimmed Its Stake as Market Value Declined; Pulte (PHM) Holder New England Research & Management Has Lowered Its Position as Market Value Rose

February 21, 2018 - By Vivian Park

Rmb Capital Management Llc decreased its stake in United Finl Bancorp Inc New (UBNK) by 59.49% based on its latest 2017Q3 regulatory filing with the SEC. Rmb Capital Management Llc sold 173,857 shares as the company’s stock declined 10.76% while stock markets rallied. The hedge fund held 118,400 shares of the finance company at the end of 2017Q3, valued at $2.17 million, down from 292,257 at the end of the previous reported quarter. Rmb Capital Management Llc who had been investing in United Finl Bancorp Inc New for a number of months, seems to be less bullish one the $816.72 million market cap company. The stock increased 1.75% or $0.28 during the last trading session, reaching $16.24. About 17,475 shares traded. United Financial Bancorp, Inc. (NASDAQ:UBNK) has risen 27.96% since February 21, 2017 and is uptrending. It has outperformed by 11.26% the S&P500.

New England Research & Management Inc decreased its stake in Pulte (PHM) by 49.85% based on its latest 2017Q3 regulatory filing with the SEC. New England Research & Management Inc sold 11,355 shares as the company’s stock rose 8.08% with the market. The institutional investor held 11,425 shares of the capital goods company at the end of 2017Q3, valued at $312,000, down from 22,780 at the end of the previous reported quarter. New England Research & Management Inc who had been investing in Pulte for a number of months, seems to be less bullish one the $8.64B market cap company. The stock increased 2.34% or $0.69 during the last trading session, reaching $30.16. About 1.69M shares traded. PulteGroup, Inc. (NYSE:PHM) has risen 30.02% since February 21, 2017 and is uptrending. It has outperformed by 13.32% the S&P500.

Since October 26, 2017, it had 0 insider buys, and 2 insider sales for $7.21 million activity. 136,912 shares were sold by Ellinghausen James R, worth $4.07 million.

Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.15, from 0.91 in 2017Q2. It worsened, as 33 investors sold PHM shares while 187 reduced holdings. 46 funds opened positions while 121 raised stakes. 244.94 million shares or 1.98% less from 249.89 million shares in 2017Q2 were reported. Virtus Inv Advisers stated it has 0.02% in PulteGroup, Inc. (NYSE:PHM). Calamos Advsrs Ltd owns 0.18% invested in PulteGroup, Inc. (NYSE:PHM) for 870,771 shares. Employees Retirement Sys Of Ohio, Ohio-based fund reported 210,131 shares. Clarivest Asset Management Lc has 0.01% invested in PulteGroup, Inc. (NYSE:PHM). Amundi Pioneer Asset Mngmt reported 1.03 million shares. Quantum Management invested in 0.06% or 9,908 shares. Rafferty Asset Ltd Liability holds 0.02% of its portfolio in PulteGroup, Inc. (NYSE:PHM) for 25,061 shares. Kentucky Retirement Insurance Tru Fund reported 0.04% of its portfolio in PulteGroup, Inc. (NYSE:PHM). Rhode Island-based Amica Pension Fund Board Of Trustees has invested 0.06% in PulteGroup, Inc. (NYSE:PHM). 2.09 million were reported by Invesco Ltd. 1.32M were accumulated by Teachers Retirement Of The State Of Kentucky. 26,388 are held by New Mexico Educational Retirement Board. Sumitomo Mitsui Asset Management Ltd holds 21,378 shares. Gabelli Funds Ltd Limited Liability Company owns 341,000 shares. First Mercantile Tru Com stated it has 0.04% of its portfolio in PulteGroup, Inc. (NYSE:PHM).

Among 22 analysts covering PulteGroup (NYSE:PHM), 7 have Buy rating, 2 Sell and 13 Hold. Therefore 32% are positive. PulteGroup had 67 analyst reports since September 11, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, January 31. The company was downgraded on Tuesday, April 5 by JP Morgan. On Wednesday, April 26 the stock rating was maintained by Wedbush with “Underperform”. The firm has “Buy” rating by Credit Suisse given on Tuesday, January 30. The firm has “Buy” rating by Bank of America given on Tuesday, June 27. FBR Capital maintained the shares of PHM in report on Friday, October 23 with “Mkt Perform” rating. The firm earned “Hold” rating on Tuesday, September 26 by KeyBanc Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $35.0 target in Tuesday, November 14 report. The stock has “Buy” rating by Credit Suisse on Monday, January 22. The company was maintained on Monday, June 19 by RBC Capital Markets.

Analysts await PulteGroup, Inc. (NYSE:PHM) to report earnings on April, 24. They expect $0.44 EPS, up 41.94% or $0.13 from last year’s $0.31 per share. PHM’s profit will be $126.05M for 17.14 P/E if the $0.44 EPS becomes a reality. After $0.85 actual EPS reported by PulteGroup, Inc. for the previous quarter, Wall Street now forecasts -48.24% negative EPS growth.

New England Research & Management Inc, which manages about $167.47 million and $136.48M US Long portfolio, upped its stake in Dycom Industries (NYSE:DY) by 5,309 shares to 14,909 shares, valued at $1.28M in 2017Q3, according to the filing. It also increased its holding in Walt Disney (NYSE:DIS) by 3,075 shares in the quarter, for a total of 18,654 shares, and has risen its stake in Carnival Corp. (NYSE:CCL).

Rmb Capital Management Llc, which manages about $3.98B and $3.87 billion US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (Put) (SPY) by 128,000 shares to 408,000 shares, valued at $102.50 million in 2017Q3, according to the filing. It also increased its holding in Synnex Corp (NYSE:SNX) by 3,010 shares in the quarter, for a total of 71,073 shares, and has risen its stake in Visa Inc (NYSE:V).

Analysts await United Financial Bancorp, Inc. (NASDAQ:UBNK) to report earnings on April, 17. They expect $0.28 earnings per share, up 3.70% or $0.01 from last year’s $0.27 per share. UBNK’s profit will be $14.08 million for 14.50 P/E if the $0.28 EPS becomes a reality. After $0.24 actual earnings per share reported by United Financial Bancorp, Inc. for the previous quarter, Wall Street now forecasts 16.67% EPS growth.

Investors sentiment increased to 1.54 in Q3 2017. Its up 0.04, from 1.5 in 2017Q2. It is positive, as 8 investors sold UBNK shares while 33 reduced holdings. 18 funds opened positions while 45 raised stakes. 32.31 million shares or 0.31% less from 32.41 million shares in 2017Q2 were reported. Prelude Mngmt Ltd Liability accumulated 0% or 1,600 shares. California State Teachers Retirement System reported 80,688 shares stake. Cornerstone Mngmt Ltd Liability invested 0% in United Financial Bancorp, Inc. (NASDAQ:UBNK). Wedge Mngmt L LP Nc accumulated 15,236 shares or 0% of the stock. 3,215 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Strs Ohio accumulated 0% or 48,300 shares. California Pub Employees Retirement Sys accumulated 0% or 134,204 shares. Rhumbline Advisers owns 71,723 shares. State Street has invested 0% in United Financial Bancorp, Inc. (NASDAQ:UBNK). Pnc Fincl Ser reported 18,198 shares. Gsa Capital Prtnrs Ltd Liability Partnership invested in 0.02% or 17,151 shares. Bancorp Of New York Mellon reported 0% stake. Federated Pa reported 1,210 shares. Sterling Capital Management Limited Liability Corporation holds 0.03% or 171,481 shares in its portfolio. Hennessy Advsrs owns 220,000 shares or 0.12% of their US portfolio.

Among 5 analysts covering United Financial (NASDAQ:UBNK), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. United Financial had 16 analyst reports since November 16, 2015 according to SRatingsIntel. Hovde Group maintained United Financial Bancorp, Inc. (NASDAQ:UBNK) rating on Thursday, October 20. Hovde Group has “Market Perform” rating and $15 target. The stock of United Financial Bancorp, Inc. (NASDAQ:UBNK) earned “Neutral” rating by Piper Jaffray on Thursday, April 21. The company was maintained on Wednesday, January 24 by Sandler O’Neill. The company was maintained on Wednesday, January 24 by Keefe Bruyette & Woods. The firm has “Outperform” rating given on Monday, November 16 by Hovde Group. Hovde Group maintained it with “Hold” rating and $18.0 target in Thursday, January 25 report. RBC Capital Markets maintained the shares of UBNK in report on Thursday, January 28 with “Sector Perform” rating. Piper Jaffray maintained the stock with “Hold” rating in Thursday, February 1 report. The stock of United Financial Bancorp, Inc. (NASDAQ:UBNK) has “Buy” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. On Tuesday, January 19 the stock rating was upgraded by Piper Jaffray to “Overweight”.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>