CalAtlantic Group Inc (CAA) Stake Increased by Teachers Advisors LLC

Teachers Advisors LLC lifted its stake in CalAtlantic Group Inc (NYSE:CAA) by 14.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,943 shares of the industrial goods maker’s stock after acquiring an additional 14,302 shares during the quarter. Teachers Advisors LLC owned approximately 0.10% of CalAtlantic Group worth $6,312,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Vantage Financial Partners Ltd. Inc. increased its position in CalAtlantic Group by 15.9% during the fourth quarter. Vantage Financial Partners Ltd. Inc. now owns 8,000 shares of the industrial goods maker’s stock worth $452,000 after buying an additional 1,100 shares during the last quarter. Great West Life Assurance Co. Can grew its position in shares of CalAtlantic Group by 2.7% in the third quarter. Great West Life Assurance Co. Can now owns 48,075 shares of the industrial goods maker’s stock valued at $1,740,000 after purchasing an additional 1,266 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of CalAtlantic Group by 53.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,071 shares of the industrial goods maker’s stock valued at $230,000 after purchasing an additional 1,418 shares during the last quarter. American International Group Inc. grew its position in shares of CalAtlantic Group by 1.3% in the fourth quarter. American International Group Inc. now owns 157,615 shares of the industrial goods maker’s stock valued at $8,888,000 after purchasing an additional 2,050 shares during the last quarter. Finally, SeaCrest Wealth Management LLC acquired a new stake in shares of CalAtlantic Group in the fourth quarter valued at about $123,000. 92.36% of the stock is currently owned by institutional investors and hedge funds.

How to Become a New Pot Stock Millionaire

Several equities research analysts have recently issued reports on the company. Zacks Investment Research raised CalAtlantic Group from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a research report on Tuesday, January 9th. UBS lifted their price target on shares of CalAtlantic Group from $55.00 to $63.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 17th. ValuEngine raised shares of CalAtlantic Group from a “hold” rating to a “buy” rating in a research report on Tuesday, January 30th. Wedbush boosted their price objective on shares of CalAtlantic Group from $51.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, December 29th. Finally, Mizuho set a $64.00 price objective on shares of CalAtlantic Group and gave the company a “hold” rating in a research report on Thursday, January 18th. Thirteen research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $55.22.

CalAtlantic Group stock opened at $53.12 on Friday. CalAtlantic Group Inc has a fifty-two week low of $33.56 and a fifty-two week high of $64.60. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.29 and a current ratio of 5.91.

COPYRIGHT VIOLATION WARNING: This news story was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another website, it was illegally copied and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be accessed at https://ledgergazette.com/2018/04/15/teachers-advisors-llc-increases-stake-in-calatlantic-group-inc-caa.html.

CalAtlantic Group Company Profile

CalAtlantic Group, Inc is a diversified builder of single-family attached and detached homes. The Company operates through two segments: homebuilding and financial services. The homebuilding segment operations include acquiring and developing land, and constructing and selling single-family attached and detached homes.

Institutional Ownership by Quarter for CalAtlantic Group (NYSE:CAA)

Receive News & Ratings for CalAtlantic Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CalAtlantic Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply