Residential Construction: DR Horton Inc. (NYSE:DHI), KB Home (NYSE:KBH), PulteGroup (NYSE:PHM), Lennar Corp. (NYSE:LEN), Hovnanian Enterprises Inc. (NYSE:HOV)

D.R. Horton (NYSE:DHI) was downgraded by research analysts at Barclays from an “overweight” rating to an “equal weight” rating in a report released on Friday, reports. On Friday shares of DR Horton Inc. (NYSE:DHI) closed at $23.76. Company’s sales growth for last 5 years was 17.00% and EPS growth for next 5 years is recorded as 11.43%.

KB Home (NYSE:KBH) on 13 January reported Net income for the quarter totaled $852.8 million, or $8.36 per diluted share, including an income tax benefit of $824.2 million that reflected the Company’s $825.2 million deferred tax asset valuation allowance reversal. KB Home (NYSE:KBH) in last trading activity advanced 0.97% to close at $12.51. Company weekly performance is -24.50% while its quarterly performance stands at -13.96%. KB Home (NYSE:KBH) is -39.51% away from its 52 week high.

The Pres. and Chief Exec. Officer of PulteGroup Inc, (NYSE:PHM) Dugas Richard J Jr had sold 112,102 shares worth of $2,475,212 in a transaction dated January 8, 2015.On last trading day PulteGroup, Inc. (NYSE:PHM) advanced 2.57% to close at $21.57. Its volatility for the week is 5.63% while volatility for the month is 3.14%. PHM’s sales growth for past 5 years was -1.90% and its EPS growth for past 5 years was 25.80%. PulteGroup, Inc. (NYSE:PHM) monthly performance is 8.99%.

Lennar Corp. (NYSE:LEN) reported fourth quarter EPS of $1.07 Thursday morning, up from $0.73 last year. Revenues grew 35 percent to $2.58 billion from $1.92 billion a year ago. Analysts expected EPS of $0.96 and revenues of $2.59 billion. Lennar Corp. (NYSE:LEN) has 1.90% insider ownership. In last trading activity company’s stock closed at $43.20.

Zacks downgraded shares of Hovnanian Enterprises (NYSE:HOV) from a neutral rating to an underperform rating in a research note released on Monday morning. They currently have $3.80 target price on the stock. On last trading day Hovnanian Enterprises Inc. (NYSE:HOV) advanced 5.26% to close at $3.60. Its volatility for the week is 8.03% while volatility for the month is 5.07%. HOV’s sales growth for past 5 years was 5.30% and its EPS growth for past 5 years was 17.10%. Hovnanian Enterprises Inc. (NYSE:HOV) monthly performance is -4.76%.

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