TRI Pointe Group, Inc. (NYSE:TPH) was the recipient of unusually large options trading on Thursday. Stock traders bought 542 put options on the company. This is an increase of approximately Infinity compared to the typical volume of 0 put options.

In related news, CEO Douglas F. Bauer sold 42,294 shares of TRI Pointe Group stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $17.54, for a total transaction of $741,836.76. Following the completion of the sale, the chief executive officer now owns 289,313 shares of the company’s stock, valued at $5,074,550.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Michael D. Grubbs sold 250,000 shares of TRI Pointe Group stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $17.54, for a total value of $4,385,000.00. Following the sale, the chief financial officer now directly owns 163,828 shares of the company’s stock, valued at approximately $2,873,543.12. The disclosure for this sale can be found here. Insiders have sold 898,734 shares of company stock valued at $14,853,650 in the last ninety days. Corporate insiders own 9.40% of the company’s stock.

Several institutional investors have recently bought and sold shares of TPH. BlackRock Inc. increased its position in shares of TRI Pointe Group by 19,738.7% in the first quarter. BlackRock Inc. now owns 18,584,658 shares of the construction company’s stock valued at $233,053,000 after buying an additional 18,490,979 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of TRI Pointe Group by 50.0% in the second quarter. Bank of New York Mellon Corp now owns 3,209,949 shares of the construction company’s stock valued at $42,340,000 after buying an additional 1,070,358 shares in the last quarter. Vanguard Group Inc. increased its position in shares of TRI Pointe Group by 9.5% in the first quarter. Vanguard Group Inc. now owns 12,010,583 shares of the construction company’s stock valued at $150,613,000 after buying an additional 1,041,363 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in shares of TRI Pointe Group in the second quarter valued at approximately $11,238,000. Finally, Teachers Advisors LLC increased its position in shares of TRI Pointe Group by 286.4% in the second quarter. Teachers Advisors LLC now owns 1,008,772 shares of the construction company’s stock valued at $13,306,000 after buying an additional 747,688 shares in the last quarter.

A number of equities research analysts recently commented on TPH shares. Zacks Investment Research raised TRI Pointe Group from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a report on Wednesday, July 19th. Barclays PLC cut TRI Pointe Group from an “overweight” rating to an “equal weight” rating and set a $14.00 price target for the company. in a research report on Tuesday, July 11th. BidaskClub cut TRI Pointe Group from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. Wedbush reiterated an “outperform” rating and set a $16.00 price target (down from $18.00) on shares of TRI Pointe Group in a research report on Friday, October 20th. Finally, ValuEngine upgraded TRI Pointe Group from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. TRI Pointe Group has a consensus rating of “Hold” and an average price target of $16.70.

Shares of TRI Pointe Group (NYSE:TPH) opened at $17.14 on Friday. The stock has a market cap of $2,578.40, a P/E ratio of 15.58, a P/E/G ratio of 1.14 and a beta of 1.75. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.43 and a quick ratio of 0.43.

TRI Pointe Group (NYSE:TPH) last posted its quarterly earnings data on Wednesday, October 25th. The construction company reported $0.48 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.03. The business had revenue of $717.40 million during the quarter, compared to analysts’ expectations of $706.65 million. TRI Pointe Group had a return on equity of 9.32% and a net margin of 6.97%. The business’s revenue was up 24.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.22 earnings per share. analysts forecast that TRI Pointe Group will post 1.36 EPS for the current fiscal year.

TRI Pointe Group announced that its board has approved a share buyback plan on Wednesday, July 26th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the construction company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

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About TRI Pointe Group

TRI Pointe Group, Inc is a homebuilder company. The Company’s operations are organized in two principal businesses, including homebuilding and financial services. Its homebuilding operation consists of six segments: Maracay Homes, including operations in Arizona; Pardee Homes, consisting of operations in California and Nevada; Quadrant Homes, consisting of operations in Washington; Trendmaker Homes, consisting of operations in Texas; TRI Pointe Homes, consisting of operations in California and Colorado, and Winchester Homes, consisting of operations in Maryland and Virginia.

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