Oak Ridge Investments Has Trimmed Benefitfocus (BNFT) Holding; 2 Analysts Bullish LGI Homes, Inc. (LGIH)

April 18, 2018 - By Dolores Ford

LGI Homes, Inc. (NASDAQ:LGIH) Logo

Oak Ridge Investments Llc decreased Benefitfocus Inc (BNFT) stake by 27.96% reported in 2017Q4 SEC filing. Oak Ridge Investments Llc sold 60,629 shares as Benefitfocus Inc (BNFT)’s stock declined 6.33%. The Oak Ridge Investments Llc holds 156,176 shares with $4.22 million value, down from 216,805 last quarter. Benefitfocus Inc now has $869.45 million valuation. The stock decreased 0.54% or $0.15 during the last trading session, reaching $27.75. About 34,685 shares traded. Benefitfocus, Inc. (NASDAQ:BNFT) has declined 7.37% since April 18, 2017 and is downtrending. It has underperformed by 18.92% the S&P500.

Among 6 analysts covering LGI Homes (NASDAQ:LGIH), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. LGI Homes had 18 analyst reports since August 6, 2015 according to SRatingsIntel. As per Tuesday, February 13, the company rating was upgraded by Wedbush. The company was downgraded on Tuesday, April 10 by Wedbush. The company was downgraded on Tuesday, October 3 by Wedbush. The stock has “Neutral” rating by Wedbush on Tuesday, December 6. Wedbush maintained LGI Homes, Inc. (NASDAQ:LGIH) rating on Wednesday, November 8. Wedbush has “Hold” rating and $60.0 target. The rating was initiated by Sidoti with “Buy” on Tuesday, December 29. Wedbush upgraded the shares of LGIH in report on Thursday, August 31 to “Outperform” rating. The stock of LGI Homes, Inc. (NASDAQ:LGIH) earned “Market Perform” rating by Wells Fargo on Friday, January 6. JP Morgan downgraded LGI Homes, Inc. (NASDAQ:LGIH) on Wednesday, August 9 to “Neutral” rating. On Friday, August 7 the stock rating was upgraded by Zacks to “Hold”. See LGI Homes, Inc. (NASDAQ:LGIH) latest ratings:

10/04/2018 Broker: Wedbush Rating: Hold Downgrade
13/02/2018 Broker: Wedbush Old Rating: Neutral New Rating: Outperform Upgrade
08/11/2017 Broker: Wedbush Rating: Hold New Target: $60.0 Maintain
08/11/2017 Broker: JMP Securities Rating: Market Outperform Old Target: $62 New Target: $68 Maintain

Analysts await Benefitfocus, Inc. (NASDAQ:BNFT) to report earnings on April, 26. They expect $-0.54 earnings per share, down 116.00% or $0.29 from last year’s $-0.25 per share. After $-0.20 actual earnings per share reported by Benefitfocus, Inc. for the previous quarter, Wall Street now forecasts 170.00% negative EPS growth.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.25, from 1.25 in 2017Q3. It dropped, as 14 investors sold BNFT shares while 21 reduced holdings. 9 funds opened positions while 26 raised stakes. 25.58 million shares or 3.69% more from 24.67 million shares in 2017Q3 were reported. Northern Trust Corporation has 208,543 shares for 0% of their portfolio. 39,394 were accumulated by Capital Impact Ltd Liability Company. Schwab Charles Investment Management has invested 0% in Benefitfocus, Inc. (NASDAQ:BNFT). Artisan Lp accumulated 1.08 million shares. 4.15M are held by Bamco New York. Product Limited Com accumulated 60,067 shares or 0.05% of the stock. Wellington Gru Llp has 0% invested in Benefitfocus, Inc. (NASDAQ:BNFT) for 480,024 shares. Ameritas Invest Inc accumulated 1,395 shares. Goldman Sachs Gp Incorporated holds 0.04% or 6.27 million shares. Gofen Glossberg Limited Com Il invested in 0.01% or 10,900 shares. Financial Bank Of America Corp De, a North Carolina-based fund reported 52,399 shares. Moreover, Royal Bank & Trust Of Canada has 0% invested in Benefitfocus, Inc. (NASDAQ:BNFT). Alliancebernstein Lp stated it has 12,400 shares. Teacher Retirement System Of Texas holds 48,286 shares. 78,792 were reported by Citadel Advsrs Lc.

Among 12 analysts covering Benefitfocus (NASDAQ:BNFT), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Benefitfocus had 38 analyst reports since July 28, 2015 according to SRatingsIntel. As per Monday, September 11, the company rating was maintained by Piper Jaffray. Wells Fargo maintained Benefitfocus, Inc. (NASDAQ:BNFT) on Thursday, March 15 with “Buy” rating. As per Friday, November 3, the company rating was maintained by Piper Jaffray. The firm has “Buy” rating given on Friday, August 18 by Jefferies. On Wednesday, October 21 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, March 10. Berenberg maintained the shares of BNFT in report on Thursday, March 15 with “Buy” rating. The firm has “Buy” rating by Jefferies given on Wednesday, February 24. The stock of Benefitfocus, Inc. (NASDAQ:BNFT) has “Buy” rating given on Thursday, August 4 by Deutsche Bank. RBC Capital Markets maintained it with “Hold” rating and $3200 target in Monday, May 29 report.

Investors sentiment increased to 1.14 in Q4 2017. Its up 0.05, from 1.09 in 2017Q3. It improved, as 15 investors sold LGI Homes, Inc. shares while 62 reduced holdings. 43 funds opened positions while 45 raised stakes. 18.17 million shares or 6.23% less from 19.37 million shares in 2017Q3 were reported. 1,000 were reported by Toth Fincl Advisory Corporation. Campbell Newman Asset Management Inc owns 11,668 shares for 0.15% of their portfolio. Neumeier Poma Inv Counsel Limited Liability invested in 471,590 shares or 3.54% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in LGI Homes, Inc. (NASDAQ:LGIH) for 1,236 shares. Dimensional Fund Advsrs Limited Partnership, Texas-based fund reported 60,908 shares. Louisiana State Employees Retirement Systems reported 0.03% stake. 1832 Asset Mgmt Ltd Partnership invested in 0% or 19,500 shares. Brown Advisory stated it has 5,894 shares. Parametric Associate Limited Liability Corp accumulated 98,489 shares or 0.01% of the stock. Commonwealth Natl Bank Of reported 1,133 shares. Texas Permanent School Fund has invested 0.01% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH). California State Teachers Retirement Systems, California-based fund reported 27,261 shares. Ameritas Invest Incorporated has invested 0.01% in LGI Homes, Inc. (NASDAQ:LGIH). Minnesota-based Us National Bank De has invested 0% in LGI Homes, Inc. (NASDAQ:LGIH). State Board Of Administration Of Florida Retirement Systems has 0% invested in LGI Homes, Inc. (NASDAQ:LGIH) for 3,982 shares.

The stock increased 2.19% or $1.59 during the last trading session, reaching $74.05. About 85,799 shares traded. LGI Homes, Inc. (NASDAQ:LGIH) has risen 115.57% since April 18, 2017 and is uptrending. It has outperformed by 104.02% the S&P500.

LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington, and Tennessee markets. The company has market cap of $1.65 billion. It offers entry-level homes and move-up homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. It has a 15.66 P/E ratio. At December 31, 2016, it owned 59 active communities under the LGI Homes brand; and 4 under the Terrata Homes brand.

Since October 18, 2017, it had 1 insider buy, and 8 insider sales for $9.26 million activity. The insider Lipar Eric Thomas sold 25,000 shares worth $1.80M. 20,781 shares valued at $1.33M were sold by Snider Michael Larry on Thursday, March 15. $1.08 million worth of LGI Homes, Inc. (NASDAQ:LGIH) was sold by Merdian Charles Michael. 4,144 shares were sold by Britton Margaret Mary, worth $264,402 on Thursday, March 15. Eaton Rachel Lyons had sold 1,541 shares worth $98,321. 1,400 shares were bought by Edone Ryan, worth $78,901 on Friday, March 2. On Thursday, March 15 the insider Lipar Jack Anthony sold $369,487.

LGI Homes, Inc. (NASDAQ:LGIH) Institutional Positions Chart

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