FBR Capital Boosts PT on PulteGroup (PHM) to $24

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Williams Financial Group Downgrades PulteGroup (PHM) to Hold

February 1, 2013 8:07 AM EST

Williams Financial Group downgraded PulteGroup (NYSE: PHM) from Buy to Hold with a price target of $23.00 following Q4 results.

The firm comments, "Overall, the quarter was mostly in-line with our expectations. We are however somewhat disappointed with the increase in reserves... More

UPDATE: Pulte Group (PHM) Posts Q4 adj.-EPS of 34c; New Orders Up 27%

January 31, 2013 6:34 AM EST

(Updated - January 31, 2013 6:37 AM EST)

Pulte Group (NYSE: PHM) reported Q4 adjusted EPS of $0.34, $0.03 better than the analyst estimate of $0.31. Revenue for the quarter came in at $1.57 billion versus the consensus estimate of $1.5 billion.

Home sale revenues in the fourth quarter ended... More