TRI Pointe Group, Inc. (NYSE:TPH) was the target of unusually large options trading on Tuesday. Stock investors purchased 1,043 call options on the company. This represents an increase of approximately 933% compared to the average daily volume of 101 call options.

In other TRI Pointe Group news, CFO Michael D. Grubbs sold 250,000 shares of the stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $17.54, for a total transaction of $4,385,000.00. Following the completion of the transaction, the chief financial officer now owns 163,828 shares of the company’s stock, valued at approximately $2,873,543.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Bradley William Blank sold 14,725 shares of the stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $17.54, for a total transaction of $258,276.50. Following the transaction, the vice president now directly owns 49,070 shares of the company’s stock, valued at approximately $860,687.80. The disclosure for this sale can be found here. Insiders sold a total of 913,459 shares of company stock valued at $15,111,927 in the last quarter. 2.20% of the stock is currently owned by company insiders.

Several large investors have recently modified their holdings of TPH. Bank of New York Mellon Corp increased its position in shares of TRI Pointe Group by 50.0% during the second quarter. Bank of New York Mellon Corp now owns 3,209,949 shares of the construction company’s stock worth $42,340,000 after acquiring an additional 1,070,358 shares during the period. Teachers Advisors LLC increased its position in shares of TRI Pointe Group by 286.4% during the second quarter. Teachers Advisors LLC now owns 1,008,772 shares of the construction company’s stock worth $13,306,000 after acquiring an additional 747,688 shares during the period. BlackRock Inc. increased its position in shares of TRI Pointe Group by 3.8% during the second quarter. BlackRock Inc. now owns 19,293,793 shares of the construction company’s stock worth $254,486,000 after acquiring an additional 709,135 shares during the period. Goldman Sachs Group Inc. increased its position in shares of TRI Pointe Group by 45.8% during the second quarter. Goldman Sachs Group Inc. now owns 2,201,102 shares of the construction company’s stock worth $29,032,000 after acquiring an additional 691,352 shares during the period. Finally, State Street Corp increased its position in shares of TRI Pointe Group by 9.1% during the second quarter. State Street Corp now owns 6,403,500 shares of the construction company’s stock worth $84,461,000 after acquiring an additional 536,624 shares during the period.

Several research firms have commented on TPH. B. Riley reissued a “buy” rating on shares of TRI Pointe Group in a report on Wednesday, November 1st. FBR & Co reissued a “buy” rating and set a $20.00 price objective on shares of TRI Pointe Group in a report on Thursday, October 26th. Barclays set a $17.00 price target on shares of TRI Pointe Group and gave the company a “hold” rating in a report on Thursday, October 26th. Gabelli increased their price target on shares of TRI Pointe Group from $19.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Finally, JMP Securities increased their price target on shares of TRI Pointe Group from $16.00 to $18.00 and gave the company a “market outperform” rating in a report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. TRI Pointe Group currently has an average rating of “Hold” and a consensus price target of $17.00.

Shares of TRI Pointe Group (NYSE TPH) opened at $17.29 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.43 and a quick ratio of 0.43. The stock has a market cap of $2,584.43, a PE ratio of 15.62, a price-to-earnings-growth ratio of 1.15 and a beta of 1.74. TRI Pointe Group has a 12 month low of $11.31 and a 12 month high of $18.44.

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

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TRI Pointe Group Company Profile

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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