Shares of PulteGroup (PHM) Sees Large Inflow of Net Money Flow

PulteGroup (PHM) : Investors lapped up stocks on upticks to the tune of $0.92 million in the Wednesdays trading session. The trading value on downticks was comparatively at $0.06 million and the uptick to downtick ratio of 14.29 indicates continuous buying by the bulls. The net money flow into the stock was $0.86 million. Upticks saw transactions worth $0.81 clearly indicating buying by large investors. The total money flow for block trades stood at $0.81 million, which is a positive for the stock in the long-term. PulteGroup (PHM) fell $0.01 during the day at $19.88, a drop of -0.05% over the previous days close. However, for the week, the stock is 0.35%, compared to the previous week.


Shares of PulteGroup, Inc. appreciated by 3.76% during the last five trading days but lost 4.48% on a 4-week basis. PulteGroup, Inc. is up 6.48% in the last 3-month period. Year-to-Date the stock performance stands at 14.65%.

PulteGroup (PHM) : The consensus on PulteGroup (PHM) based on 8 analyst recommendation on the company stock is 2.75, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on PulteGroup (PHM).

PulteGroup (NYSE:PHM): The stock opened at $19.91 and touched an intraday high of $20.16 on Wednesday. During the day, the stock corrected to an intraday low of $19.85, however, the bulls stepped in and pushed the price higher to close in the green at $20.14 with a gain of 1.26% for the day. The total traded volume for the day was 3,784,218. The stock had closed at $19.89 in the previous trading session.

PulteGroup, Inc. (PulteGroup) is a homebuilder operating in the United States. The Companys subsidiaries engage in the homebuilding business. The Company also offers mortgage banking operations through Pulte Mortgage LLC (Pulte Mortgage) and title operations. It offers a variety of home designs, including single-family detached, townhouses, condominiums and duplexes. It has delivered approximately 640,000 homes. It operates in approximately 49 markets located throughout 26 states. The Company operates through its Homebuilding and Financial Services segments. The Companys Homebuilding Operations include the acquisition and development of land for residential purposes within the United States and the construction of housing on such land. The Financial Services operations consist of mortgage banking and title operations.

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