Sharon Simpson Unloaded 200 Shares of Simpson Manufacturing Co., Inc. (SSD); Virtus Investment Advisers Increased Lennar (LEN) Stake By $2.91 Million

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Virtus Investment Advisers Inc increased Lennar Corp (LEN) stake by 1072.46% reported in 2017Q4 SEC filing. Virtus Investment Advisers Inc acquired 46,255 shares as Lennar Corp (LEN)’s stock declined 8.33%. The Virtus Investment Advisers Inc holds 50,568 shares with $3.20M value, up from 4,313 last quarter. Lennar Corp now has $18.71 billion valuation. The stock decreased 3.16% or $1.9 during the last trading session, reaching $58.19. About 4.78 million shares traded. Lennar Corporation (NYSE:LEN) has risen 17.08% since April 12, 2017 and is uptrending. It has outperformed by 5.53% the S&P500.

Since January 2, 2018, it had 0 insider buys, and 8 sales for $16.09 million activity. GROSS BRUCE E had sold 15,000 shares worth $1.04 million. Collins David M had sold 5,000 shares worth $355,750 on Thursday, January 18. JAFFE JONATHAN M sold $1.17M worth of stock or 20,000 shares. 10,000 shares were sold by BESSETTE DIANE J, worth $695,000. The insider SUSTANA MARK sold 125,000 shares worth $8.69M.

Among 25 analysts covering Lennar (NYSE:LEN), 22 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Lennar has $99.0 highest and $45 lowest target. $68.22’s average target is 17.24% above currents $58.19 stock price. Lennar had 73 analyst reports since September 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by BTIG Research on Wednesday, October 4. Wedbush initiated the stock with “Neutral” rating in Tuesday, September 20 report. Evercore initiated the shares of LEN in report on Tuesday, March 22 with “Buy” rating. Keefe Bruyette & Woods maintained Lennar Corporation (NYSE:LEN) on Wednesday, January 10 with “Buy” rating. The company was maintained on Thursday, March 31 by Citigroup. As per Wednesday, March 21, the company rating was maintained by Keefe Bruyette & Woods. The stock of Lennar Corporation (NYSE:LEN) earned “Buy” rating by RBC Capital Markets on Thursday, July 13. Bank of America maintained Lennar Corporation (NYSE:LEN) on Wednesday, October 4 with “Buy” rating. Citigroup maintained Lennar Corporation (NYSE:LEN) on Wednesday, October 4 with “Neutral” rating. The rating was maintained by Wood with “Outperform” on Wednesday, March 30.

Investors sentiment increased to 1.25 in 2017 Q4. Its up 0.33, from 0.92 in 2017Q3. It improved, as 41 investors sold LEN shares while 139 reduced holdings. 85 funds opened positions while 140 raised stakes. 207.37 million shares or 10.41% more from 187.83 million shares in 2017Q3 were reported. Private Asset Mngmt, a California-based fund reported 5,000 shares. Regions Fincl stated it has 224 shares or 0% of all its holdings. Moreover, Lord Abbett & Ltd has 0.34% invested in Lennar Corporation (NYSE:LEN). Vanguard Grp owns 20.63 million shares for 0.06% of their portfolio. Keybank Natl Association Oh invested 0.01% of its portfolio in Lennar Corporation (NYSE:LEN). Geode Capital Mngmt Limited Liability Corporation reported 2.16M shares. Pnc Services reported 56,492 shares. Robeco Institutional Asset Bv invested 0% in Lennar Corporation (NYSE:LEN). Parkside Finance Bancorporation Trust invested in 133 shares or 0% of the stock. Moreover, First Manhattan Company has 0% invested in Lennar Corporation (NYSE:LEN). Price Cap Mgmt Inc, Louisiana-based fund reported 30,321 shares. Advisor Prtnrs Ltd Liability Com holds 5,215 shares. South Dakota Council has 745,826 shares for 1.04% of their portfolio. Alpine Woods Capital Investors Ltd Liability Company reported 493,400 shares. Bp Plc stated it has 24,000 shares or 0.05% of all its holdings.

Virtus Investment Advisers Inc decreased Spdr Series Trust (JNK) stake by 58,390 shares to 32,660 valued at $1.20M in 2017Q4. It also reduced Lowes Cos Inc (NYSE:LOW) stake by 7,860 shares and now owns 42,994 shares. Garmin Ltd (NASDAQ:GRMN) was reduced too.

Since October 11, 2017, it had 0 insider buys, and 26 sales for $114.94 million activity. $14.63M worth of Simpson Manufacturing Co., Inc. (NYSE:SSD) was sold by SIMPSON PSB FUND. SIMPSON SHARON H also sold $2.66M worth of Simpson Manufacturing Co., Inc. (NYSE:SSD) shares. $76,714 worth of stock was sold by Dankel Roger on Tuesday, December 12.

The stock decreased 0.77% or $0.44 during the last trading session, reaching $56.38. About 130,143 shares traded. Simpson Manufacturing Co., Inc. (NYSE:SSD) has risen 36.69% since April 12, 2017 and is uptrending. It has outperformed by 25.14% the S&P500.

Among 3 analysts covering Simpson Manufacturing (NYSE:SSD), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Simpson Manufacturing has $60.0 highest and $46.0 lowest target. $53’s average target is -6.00% below currents $56.38 stock price. Simpson Manufacturing had 5 analyst reports since September 9, 2016 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, October 19 by Robert W. Baird. The firm has “Neutral” rating given on Friday, September 9 by Sidoti. As per Tuesday, October 31, the company rating was upgraded by Robert W. Baird. As per Tuesday, October 31, the company rating was upgraded by DA Davidson. DA Davidson downgraded Simpson Manufacturing Co., Inc. (NYSE:SSD) rating on Thursday, December 14. DA Davidson has “Hold” rating and $60.0 target.

The insider, and Simpson Manufacturing Co Inc’s major shareholder, Sharon Simpson, sold 200 company shares on 11-04-2018, worth total $11,411 (at $57.1 for each share). In the last 30 days, she also sold 385,669 shares worth approximately $22,206,830 USD. Dated 11-04-2018, this unexpected deal by Sharon Simpson was revealed inside a public form that was filed with the U.S. SEC. It is available for public review here. Currently, Mr. Sharon, has in hand 493,270 shares, which accounts for 10%+ of the company’s market cap. The insider’s activity definitely generated quite an interest in the stock community.

Investors sentiment increased to 1.52 in 2017 Q4. Its up 0.15, from 1.37 in 2017Q3. It is positive, as 13 investors sold Simpson Manufacturing Co., Inc. shares while 54 reduced holdings. 45 funds opened positions while 57 raised stakes. 40.58 million shares or 2.61% more from 39.55 million shares in 2017Q3 were reported. Eam Ltd Liability Company has invested 0.36% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD). Ashfield Capital Prtn Ltd Limited Liability Company invested in 5,341 shares. Rafferty Asset Lc, New York-based fund reported 9,990 shares. Dimensional Fund Advsr L P invested 0.04% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD). Texas Permanent School Fund has invested 0.02% in Simpson Manufacturing Co., Inc. (NYSE:SSD). Rhumbline Advisers reported 0.01% in Simpson Manufacturing Co., Inc. (NYSE:SSD). Brown Advisory Incorporated owns 929,615 shares. Guggenheim Ltd Liability Corp has invested 0% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD). Millennium Mgmt Ltd Co holds 32,667 shares. Ubs Asset Management Americas owns 37,674 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 2,024 shares. Assetmark Incorporated reported 34 shares. The Texas-based Hbk Invs L P has invested 0.01% in Simpson Manufacturing Co., Inc. (NYSE:SSD). 26,575 were reported by Sector Pension Inv Board. Shelton Capital Mngmt invested in 0.01% or 3,642 shares.

Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, makes, and sells building construction products. The company has market cap of $2.63 billion. The firm offers wood construction products, including connectors, truss plates, fastening systems, fasteners, and pre-fabricated lateral systems used in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, and fiber reinforced materials for use in concrete, masonry, and steel construction, as well as for concrete repair, protection, and strengthening applications. It has a 29.06 P/E ratio. It also provides wood shrinkage compensating devices; ornamental product line; cold formed steel connections; structural screws for wood, metal, and composite decking applications; and mechanical anchors for use in hollow wall conditions and for overhead applications.

Simpson Manufacturing Co., Inc. (NYSE:SSD) Institutional Positions Chart