Pultegroup Intrinsic Value Calculator – PULTEGROUP sees massive increase in stake from Distillate Capital Partners LLC in second quarter

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PULTEGROUP ($NYSE:PHM): PulteGroup, Inc. is a leading home construction company in the United States. They specialize in building and selling single-family homes, townhouses, and condominiums in various markets across the country. In the second quarter of this year, PulteGroup received a major boost in their stock ownership from Distillate Capital Partners LLC, an investment management firm based in New York. This significant increase in ownership from Distillate Capital Partners LLC could be seen as a vote of confidence in PulteGroup’s performance and future prospects. It also highlights the company’s strong position in the homebuilding industry, which has been experiencing a surge in demand due to low mortgage rates and a booming housing market. PulteGroup has been reporting strong financial results in recent quarters, with their revenue and earnings exceeding expectations.

This growth has been attributed to a combination of higher home prices and increased home deliveries. The partnership with Distillate Capital Partners LLC could also bring added value to PulteGroup as the investment management firm has a track record of successful investments in the housing sector. Their expertise and resources could potentially aid PulteGroup’s growth and expansion plans. It not only signals confidence in PulteGroup’s performance but also brings potential benefits through the partnership with a successful investment management firm. This news may also attract other investors and further bolster PulteGroup’s position in the market.

Price History

This move has caused quite a stir in the market, with PULTEGROUP‘s stock opening at a promising $142.0 and closing at $140.46 on Wednesday.

However, this was ultimately a decrease of 1.95% from the previous closing price of $143.26. Distillate Capital Partners LLC is a prominent investment firm known for its strategic investment decisions. With their increased stake in PULTEGROUP, it is clear that they have confidence in the company’s future growth potential. This news has also sparked interest among other investors, as they closely monitor the developments and performance of PULTEGROUP. This will likely boost investor confidence and attract new investors to the company. It also shows that PULTEGROUP’s management team is making sound business decisions, which bodes well for the company’s future. With Distillate Capital Partners LLC’s increased stake, PULTEGROUP is expected to further solidify its position in the market and continue its upward trajectory. This news comes at a time when the housing market is experiencing a surge in demand, making PULTEGROUP’s prospects even more promising. The company has been performing well in recent years, and with this increased stake from a reputable investment firm, it is poised for even greater success in the future. The news has generated excitement among investors and signals a bright future for the company. PULTEGROUP’s strong financials and solid reputation in the housing market make it a promising investment opportunity, and the increased stake from Distillate Capital Partners LLC only adds to its appeal. Investors will be closely watching as PULTEGROUP continues to grow and thrive in the coming months and years. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Pultegroup. PULTEGROUP_sees_massive_increase_in_stake_from_Distillate_Capital_Partners_LLC_in_second_quarter”>More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Pultegroup. PULTEGROUP_sees_massive_increase_in_stake_from_Distillate_Capital_Partners_LLC_in_second_quarter”>More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Pultegroup. PULTEGROUP_sees_massive_increase_in_stake_from_Distillate_Capital_Partners_LLC_in_second_quarter”>More…

Key Ratios Snapshot

Some of the financial key ratios for Pultegroup are shown below. PULTEGROUP_sees_massive_increase_in_stake_from_Distillate_Capital_Partners_LLC_in_second_quarter”>More…

Analysis – Pultegroup Intrinsic Value Calculator

Hello, it’s GoodWhale here. I recently conducted an analysis on PULTEGROUP‘s financials and wanted to share my findings with you. After thoroughly studying the company’s financial reports, I have determined that the fair value of PULTEGROUP’s shares is approximately $70.0. This estimation was calculated using our proprietary Valuation Line, which takes into account various financial metrics and market trends. However, it is important to note that as of now, PULTEGROUP’s stock is actually being traded at $140.46, which means it is overvalued by a significant 100.8%. This suggests that the current market price of PULTEGROUP’s shares is not justified by its financials and may be driven by external factors such as speculation or market hype. Based on our analysis, investors should proceed with caution when considering investing in PULTEGROUP at its current price. It may be wise to wait for a potential correction in the stock price before making any investment decisions. As always, it is important to do thorough research and consult with a financial advisor before making any investment decisions. We will continue to monitor the company’s performance and make updates to our valuation as needed. Thank you for considering my analysis and I hope it helps in your investment decisions. More…

Peers

PulteGroup Inc is one of the largest homebuilders in the United States. The company’s competitors include D.R. Horton Inc, Lennar Corp, and Beazer Homes USA Inc.

– D.R. Horton Inc ($NYSE:DHI)

D.R. Horton Inc is a homebuilding company that operates in 84 markets across 26 states in the United States. The company is engaged in the construction and sale of single-family detached homes, townhomes, and condominiums. It also provides mortgage financing and title services for homebuyers through its subsidiaries. As of March 31, 2021, the company had a market capitalization of $26.2 billion and a return on equity of 25.97%.

D.R. Horton was founded in 1978 and is headquartered in Fort Worth, Texas. The company operates through its Homebuilding and Financial Services segments. The Homebuilding segment acquires and develops land, and constructs and sells homes in 27 states across the United States. The Financial Services segment provides mortgage financing, title insurance, and closing services for homebuyers in its homebuilding markets.

– Lennar Corp ($NYSE:LEN)

Lennar Corp is a leading homebuilder in the United States. The company has a market capitalization of $22.33 billion as of 2022 and a return on equity of 18.78%. Lennar Corp is engaged in the business of homebuilding, land development, and related activities through its subsidiaries. The company builds and sells a variety of homes, including single-family detached homes, townhomes, and condominiums. It also provides a range of homebuilding-related financial services, such as mortgage financing, title insurance, and home warranty services.

– Beazer Homes USA Inc ($NYSE:BZH)

Beazer Homes USA Inc is a homebuilding company that operates in the United States. The company is engaged in the design, construction, and sale of single-family homes. As of 2022, Beazer Homes USA Inc had a market capitalization of $345.59 million and a return on equity of 15.8%. The company’s primary business is the construction and sale of single-family homes. Beazer Homes USA Inc also engages in the construction of multi-family homes and the development of land for homebuilding.

Summary

Distillate Capital Partners LLC significantly increased its investment in PulteGroup, Inc. during the second quarter, with a staggering 114,744.1% jump in stake. This move suggests that the investment firm has high confidence in the company’s future performance and potential for growth. PulteGroup, Inc. is a well-known homebuilding and real estate company, and the increase in stake by Distillate Capital Partners LLC could be seen as a positive sign for the company’s financial health. This type of investing analysis can provide valuable insights for investors looking to make informed decisions about their portfolio and potential investments.