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M.D.C. Holdings (NYSE:MDC) was downgraded by analysts at KeyCorp from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, TheFlyOnTheWall.com reports.

A number of other analysts have also recently weighed in on MDC. Analysts at Zacks upgraded shares of M.D.C. Holdings from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, November 20th. They now have a $29.80 price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of M.D.C. Holdings from $46.00 to $43.00 in a research note to investors on Monday, November 18th. They now have a “buy” rating on the stock. Finally, analysts at UBS AG raised their price target on shares of M.D.C. Holdings from $32.00 to $34.00 in a research note to investors on Tuesday, October 29th. They now have a “buy” rating on the stock. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $35.10.

Shares of M.D.C. Holdings (NYSE:MDC) traded down 3.82% on Friday, hitting $30.18. The stock had a trading volume of 1,743,806 shares. M.D.C. Holdings has a one year low of $27.00 and a one year high of $42.41. The stock has a 50-day moving average of $30.59 and a 200-day moving average of $30.08. The company has a market cap of $1.475 billion and a P/E ratio of 4.99.

M.D.C. Holdings (NYSE:MDC) last announced its earnings results on Tuesday, October 29th. The company reported $0.73 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.65 by $0.08. The company had revenue of $433.70 million for the quarter, compared to the consensus estimate of $418.33 million. During the same quarter last year, the company posted $0.41 earnings per share. M.D.C. Holdings’s revenue was up 35.2% compared to the same quarter last year. Analysts expect that M.D.C. Holdings will post $6.35 EPS for the current fiscal year.

M.D.C. Holdings, Inc (NYSE:MDC), incorporated on May 17, 1985, operates in the two business segments: homebuilding and financial services.

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