Marketfield Asset Management Has Lowered By $1.20 Million Its Pulte Group (PHM) Position; Genpact LTD Has 1.72 Sentiment

December 20, 2017 - By test

Genpact Limited provides business process outsourcing and information technology management services worldwide. The company has market cap of $6.28 billion. The firm offers finance and accounting services, including accounts payable comprising document management, invoice processing, approval, resolution management, and T&E processing; order to cash services, such as customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services consisting of accounting, closing and reporting, treasury, tax, and product cost accounting services; enterprise performance management, including budgeting, forecasting, business performance reporting, and analytics; and enterprise risk and compliance services comprising SOX advisory, enterprise risk management, internal audit, FCPA, and IT risk management services. It has a 23.87 P/E ratio. It also provides analytics and research services; core industry operation services; business and enterprise risk consulting services; transformation services; and supply chain and procurement services, including direct and indirect strategic sourcing, category management, spend analytics, procurement operations, master data management, and other procurement and supply chain advisory services.

Marketfield Asset Management Llc decreased Pulte Group Inc (PHM) stake by 11.96% reported in 2017Q2 SEC filing. Marketfield Asset Management Llc sold 49,946 shares as Pulte Group Inc (PHM)’s stock rose 8.08%. The Marketfield Asset Management Llc holds 367,632 shares with $9.02M value, down from 417,578 last quarter. Pulte Group Inc now has $9.86B valuation. The stock increased 0.51% or $0.17 during the last trading session, reaching $33.54. About 3.06 million shares traded. PulteGroup, Inc. (NYSE:PHM) has risen 30.02% since December 20, 2016 and is uptrending. It has outperformed by 13.32% the S&P500.

Analysts await PulteGroup, Inc. (NYSE:PHM) to report earnings on January, 25. They expect $0.84 earnings per share, up 25.37% or $0.17 from last year’s $0.67 per share. PHM’s profit will be $246.94M for 9.98 P/E if the $0.84 EPS becomes a reality. After $0.60 actual earnings per share reported by PulteGroup, Inc. for the previous quarter, Wall Street now forecasts 40.00% EPS growth.

Among 21 analysts covering PulteGroup (NYSE:PHM), 7 have Buy rating, 2 Sell and 12 Hold. Therefore 33% are positive. PulteGroup had 57 analyst reports since September 11, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, April 5 by JP Morgan. The firm earned “Buy” rating on Sunday, August 20 by RBC Capital Markets. The company was downgraded on Friday, October 20 by Citigroup. The stock of PulteGroup, Inc. (NYSE:PHM) has “Hold” rating given on Tuesday, October 31 by KeyBanc Capital Markets. Barclays Capital maintained the shares of PHM in report on Wednesday, October 25 with “Equal-Weight” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, January 27. The company was upgraded on Tuesday, February 14 by FBR Capital. The firm earned “Underperform” rating on Monday, July 10 by Mizuho. RBC Capital Markets maintained the shares of PHM in report on Wednesday, January 27 with “Outperform” rating. FBR Capital maintained the stock with “Mkt Perform” rating in Friday, October 23 report.

Investors sentiment decreased to 0.76 in 2017 Q2. Its down 0.15, from 0.91 in 2017Q1. It turned negative, as 35 investors sold PHM shares while 170 reduced holdings. 56 funds opened positions while 130 raised stakes. 249.89 million shares or 6.67% less from 267.74 million shares in 2017Q1 were reported. Pnc Fin Ser Grp reported 17,717 shares or 0% of all its holdings. Guggenheim Capital Ltd Llc owns 1.77M shares. Fjarde Ap accumulated 74,122 shares or 0.04% of the stock. Atlantic Grp Incorporated Ltd Company owns 22,031 shares or 0% of their US portfolio. Icon Advisers invested in 0.42% or 244,390 shares. Gotham Asset Mgmt Ltd Com has invested 0.13% in PulteGroup, Inc. (NYSE:PHM). Oskie Capital Management Llc invested 2.37% of its portfolio in PulteGroup, Inc. (NYSE:PHM). Greenbrier Prtn Capital Mgmt Llc reported 6.2% of its portfolio in PulteGroup, Inc. (NYSE:PHM). New York State Common Retirement Fund invested in 0.03% or 1.00M shares. Fort Washington Inv Oh holds 0.01% or 29,630 shares in its portfolio. Parametric Port Assoc Ltd Company reported 0.05% stake. Gabelli Funds Ltd Liability holds 0.05% or 341,000 shares. State Teachers Retirement Sys reported 552,555 shares. Sun Life Financial Inc invested in 0.01% or 2,063 shares. Janney Capital Management Limited Liability Com stated it has 581,037 shares or 0.67% of all its holdings.

Since October 26, 2017, it had 0 insider purchases, and 2 selling transactions for $7.21 million activity. Another trade for 136,912 shares valued at $4.07M was sold by Ellinghausen James R. Another trade for 92,800 shares valued at $3.15M was sold by OShaughnessy Robert.

Analysts await Genpact Limited (NYSE:G) to report earnings on February, 9. They expect $0.38 EPS, down 7.32% or $0.03 from last year’s $0.41 per share. G’s profit will be $73.36M for 21.41 P/E if the $0.38 EPS becomes a reality. After $0.43 actual EPS reported by Genpact Limited for the previous quarter, Wall Street now forecasts -11.63% negative EPS growth.

The stock decreased 0.37% or $0.12 during the last trading session, reaching $32.54. About 783,247 shares traded. Genpact Limited (G) has declined 1.49% since December 20, 2016 and is downtrending. It has underperformed by 18.19% the S&P500.

Bain Capital Investors Llc holds 30.86% of its portfolio in Genpact Limited for 57.54 million shares. Dalton Investments Llc owns 839,960 shares or 8.8% of their US portfolio. Moreover, Bloom Tree Partners Llc has 7.2% invested in the company for 2.34 million shares. The Pennsylvania-based Hillman Co has invested 5.12% in the stock. Global Endowment Management Lp, a North Carolina-based fund reported 706,750 shares.

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