Showing posts with label Ryland Group. Show all posts
Showing posts with label Ryland Group. Show all posts

Tuesday, January 31, 2012

Hancock (HBHC) (GDOT) (GTXI) (RYL) (OMC) (PFS) Ratings, Price Targets

Hancock Holding (NASDAQ: HBHC), Green Dot Co. (NASDAQ: GDOT), GTx, Inc. (NASDAQ: GTXI), The Ryland Group, Inc. (NYSE: RYL), Omnicom (NYSE: OMC) and Provident Financial Services, Inc. (NYSE: PFS) ratings and price targets.

Jefferies Group (NYSE:JEF) reiterated its "Buy" rating on Green Dot Co. (GDOT).

Citigroup (NYSE:C) reiterated its "Buy" rating on GTx, Inc. (GTXI).

The Ryland Group, Inc. (RYL) had its price target raised by FBR Capital from $18.00 to $20.00. They have a “Market Perform” rating on the company.

Omnicom (OMC) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.

Provident Financial Services, Inc. (PFS) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

Hancock Holding (HBHC) was upgraded by Morgan Keegan from a “Market Perform” rating to an “Outperform” rating. They have a price target of $37.00 on the company, up from $32.00.

Tuesday, January 10, 2012

Juniper (JNPR) (HSFT) (ARCO) (CRME) (CRNT) (RYL) Ratings, Price Targets

Juniper Networks (NASDAQ: JNPR), HiSoft Technology International Limited (NASDAQ: HSFT), Arcos Dorados Holdings Inc. (NASDAQ: ARCO), Cardiome Pharma Corp. (NASDAQ: CRME), Ceragon Networks Ltd. (NASDAQ: CRNT) and The Ryland Group, Inc. (NYSE: RYL) ratings and price targets.

Juniper Networks (JNPR) had its “neutral” rating reiterated by Nomura (NYSE:NMR).

HiSoft Technology International Limited (HSFT) is now covered by Oppenheimer (NYSE:OPY). They have an “outperform” rating and a price target of $14.00 on the firm.

Arcos Dorados Holdings Inc. (ARCO) had its price target lowered by Bank of America (NYSE:BAC) to $25.00.

Cardiome Pharma Corp. (CRME) was downgraded by Zacks Investment Research from a “neutral” rating to an “underperform” rating.

Ceragon Networks Ltd. (CRNT) was downgraded by Zacks Investment Research from a “neutral” rating to an “underperform” rating.

The Ryland Group, Inc. (RYL) was upgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “neutral” rating to an “overweight” rating.

Wednesday, August 24, 2011

Juniper (JNPR) (SAFM) (SID) (HWAY) (RYL) Upgraded

Sanderson Farms (NASDAQ: SAFM), National Steel Corporation (NYSE: SID), Juniper Networks (NASDAQ: JNPR), Healthways, Inc. (NASDAQ: HWAY) and The Ryland Group, Inc. (NYSE: RYL) upgraded by analysts.

Sanderson Farms (SAFM) was upgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Underweight” rating to a “Neutral” rating.

National Steel Corporation (SID) was upgraded by JPMorgan Chase & Co. from an “Underweight” rating to a “Neutral” rating.

Juniper Networks (JNPR) was upgraded by Morgan Keegan from a “Market Perform” rating to an “Outperform” rating. They have a price target of $27.00 on the company.

Healthways, Inc. (HWAY) was upgraded by JMP Securities from an “Underperform” rating to a “Market Perform” rating.

The Ryland Group, Inc. (RYL) was upgraded by Credit Suisse (NYSE:CS) from an “Underperform” rating to a “Neutral” rating.

Thursday, July 28, 2011

Linkedin (LNKD) (DHI) (RATE) (PHM) (RYL) (KBH) Get New Coverage

Linkedin Co. (NASDAQ: LNKD), D.R. Horton, Inc. (NYSE: DHI), Bankrate (NASDAQ: RATE), PulteGroup, Inc. (NYSE: PHM), The Ryland Group, Inc. (NYSE: RYL) and KB Home (NYSE: KBH) receive new coverage.

Compass Point initiated coverage on D.R. Horton, Inc. (DHI). They placed a “Neutral” rating and a price target of $12.00 on the company.

Stifel Nicolaus initiated coverage on Bankrate (RATE). They placed a “Buy” rating and a price target of $21.00 on the company.

Compass Point initiated coverage on PulteGroup, Inc. (PHM). They placed a “Neutral” rating and a price target of $8.00 on the company.

Compass Point initiated coverage on The Ryland Group, Inc. (RYL). They placed a “Buy” rating and a price target of $18.00 on the company.

Compass Point initiated coverage on KB Home (NYSE: KBH). They placed a “Sell” rating and a price target of $8.00 on the company.

William Blair initiated coverage on Linkedin Co. (LNKD). They placed a “Market Perform” rating on the company.

Wednesday, May 18, 2011

Builders (PHM) (DHI) (TOL) (MDC) (RYL) Continue to Struggle

Pulte Group Inc (NYSE:PHM), D.R. Horton Inc (NYSE:DHI), Toll Brothers Inc (NYSE:TOL), M.D.C. Holdings Inc. (NYSE:MDC) and The Ryland Group Inc (NYSE:RYL) were under pressure Tuesday as new building permits in the U.S. missed estimates by about 40,000, coming in at $550,000.

Housing starts were also a disaster, reaching 520,000, 60,000 below the projected 580,000.

A healthy home construction market is considered to be about 1.2 million homes per year. So far the rate for 2011 is an anemic 523,000 homes per year pace.

In April, new home construction dropped 10.6 percent from March, down 10.6 percent.

PulteGroup closed at $7.61 Tuesday, level with Monday's close. D.R. Horton closed at $11.46, dropping $0.21, or 1.80 percent.

Monday, May 16, 2011

Pulte (PHM) (DHI) (TOL) (MDC) (RYL) Pessimistic on Housing Market

According to the National Association of Home Builders, U.S. home builders like D.R. Horton Inc (NYSE:DHI), Toll Brothers Inc (NYSE:TOL), M.D.C. Holdings Inc. (NYSE:MDC), The Ryland Group Inc (NYSE:RYL) and Pulte Group Inc (NYSE:PHM) continue to have a negative outlook on the sector, giving it a 16 grade, with anything below 50 being considered negative.

Added to the usual factors of foreclosed homes, tighter lending standards and higher unemployment, was the return of higher gas prices, which all are weighing on the housing market.

The biggest factor appears to be those who own being concerned over their inability to sell their them at a good price, pressuring them to keep their homes rather than have to possibly pay out to make up the difference in the selling price and what they own on their homes, which in many cases have fallen in price below what they can get for them.

Homes of a strong spring season are fading away, as it hasn't worked out as builders have hoped, and there's little to indicate this will change any time soon.

Builders were trading mixed early in the session, with most of those listed above trading slightly in positive territory.

Monday, April 25, 2011

Home Sales Push Pulte (PHM) (DHI) (TOL) (MDC) (RYL) Up

Shares of D.R. Horton Inc (NYSE:DHI), Toll Brothers Inc (NYSE:TOL), M.D.C. Holdings Inc. (NYSE:MDC), The Ryland Group Inc (NYSE:RYL) and Pulte Group Inc (NYSE:PHM) were all up today after reports new home sales rose 11.1 percent from February to March.

Investors shouldn't get too excited though, as sales are still far behind 2010's numbers, coming in at a seasonally adjusted 300,000. Year-over-year, sales are still down 21.9 percent.

Jon Ryding and Conrad DeQuadros of RDQ Economics said, “With the distortions of the homebuyers’ tax credit now well behind us, it appears (looking through the monthly volatility) that new home sales have settled in around 300,000 at an annual rate (the six-month average of sales has been between 291,000 and 313,000 since September 2010). The rebound in March to that 300,000 level suggests a weather-related bounce back from snowstorm-affected levels in February. For 2011 as a whole, we expect that sales (and housing starts) will continue to bounce around recent levels and, given the low share of housing construction in GDP, will have little impact on the overall growth story.”

PulteGroup was trading at $7.84, rising $0.06, or 0.84 percent, as of 1:20 PM EDT. Ryland Group was at $17.58, gaining $0.36, or 2.06 percent. M.D.C. Holdings, Inc. was trading at $28.28, up $0.54, or 1.95 percent. Toll Brothers was at $20.30, up $0.02, or 0.10 percent. D.R. Horton was at $12.16, jumping $0.18, or 1.46 percent.

Tuesday, April 19, 2011

Home Builders Toll (TOL) (DHI) (MDC) (RYL) (PHM) Close Up Even with Dismal Outlook

Oddly, investors chose to ignore warnings of a dismal year from home builders and pushed up shares of D.R. Horton Inc (NYSE:DHI), Toll Brothers Inc (NYSE:TOL), M.D.C. Holdings Inc. (NYSE:MDC), The Ryland Group Inc (NYSE:RYL) and Pulte Group Inc (NYSE:PHM) on Monday.

According to The National Association of Home Builders, sentiment for April dropped back to 16 after going up to 17 in March. A reading below 50 indicates a negative sentiment, to show how weak the outlook for 2011 is. It has been five years since the index has been above the 50 mark.

Various negative catalysts including high unemployment, tighter lending standards and bigger requirements for down-payments are keeping many people from buying homes. Also a record number of foreclosures are pushing down home prices, leaving potential buyers concerned that the market has yet to reach bottom.


The index gauging existing conditions dropped one point, to 16, while the recorded foot traffic of prospective buyers increased by a point, to 13. The estimate of single-family home sales over the next six months fell three points, to 23, declining to its lowest level since October.

Some of this is affected by regions and extent of weakness, but overall there's little to be excited about with the home builders.

PulteGroup closed at $7.84 on Monday, gaining $0.02, or 0.26 percent. The Ryland Group ended the session at $16.91, up $0.39, or 2.36 percent. M.D.C. Holdings Inc. closed at $27.26, rising $0.38, or 1.41 percent. Toll Brothers climbed to $20.58, closing at $0.46, increasing 2.29 percent. D.R. Horton ended the day at $11.67, up $0.14, or 1.21 percent.

Friday, March 4, 2011

KB Home (NYSE:KBH), Ryland Group (NYSE:RYL) and MDC Holdings (NYSE:MDC), Weyerhaeuser (NYSE:WY), PHLX (Nasdaq:HGX) Down as Homebuilding Remains Under Heavy Pressure

The market did little to inspire today, and the homebuilding sector continues to be punished, with KB Home (NYSE:KBH), Ryland Group (NYSE:RYL) and MDC Holdings (NYSE:MDC) and Weyerhaeuser (NYSE:WY) all down, and the PHLX housing index (Nasdaq:HGX) falling.

Rising oil prices and tumbling bank shares dragged Wall Street lower on Friday, with stocks surrendering the previous session's hefty gains.

Brent crude prices hovered near $116 a barrel as Libyan security forces began a violent crackdown on protesters in Tripoli and clashed with rebels near a major oil terminal.

Data earlier in the week had raised expectations about Friday's employment report, lifting stocks to their biggest gains in three months on Thursday. But after Friday's report showed February job gains roughly in line with expectations, investors quickly turned their focus to rising oil prices and Libyan unrest.

"The (market) battle is: has the economy turned in a permanent way, or are higher oil prices going to slow everything down," said Bernie McGinn, president at McGinn Investment Management in Alexandria, Virginia.

The Dow Jones industrial average (DJI:DJI) lost 147.66 points, or 1.20 percent, to 12,110.54. The Standard & Poor's 500 Index (SPX) fell 15.40 points, or 1.16 percent, to 1,315.57. The Nasdaq Composite Index (Nasdaq:IXIC) dropped 24.70 points, or 0.88 percent, to 2,774.04.




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