Wells Fargo & Company MN grew its holdings in CalAtlantic Group Inc (NYSE:CAA) by 130.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 333,220 shares of the industrial goods maker’s stock after buying an additional 188,379 shares during the quarter. Wells Fargo & Company MN owned approximately 0.29% of CalAtlantic Group worth $18,791,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CAA. First Trust Advisors LP lifted its stake in shares of CalAtlantic Group by 14.8% in the 4th quarter. First Trust Advisors LP now owns 281,204 shares of the industrial goods maker’s stock valued at $15,857,000 after purchasing an additional 36,267 shares during the period. Alpine Associates Management Inc. purchased a new position in shares of CalAtlantic Group in the 4th quarter valued at approximately $53,417,000. New Mexico Educational Retirement Board purchased a new position in shares of CalAtlantic Group in the 4th quarter valued at approximately $1,060,000. P Schoenfeld Asset Management LP purchased a new position in shares of CalAtlantic Group in the 4th quarter valued at approximately $21,208,000. Finally, Doyle Wealth Management purchased a new position in shares of CalAtlantic Group in the 4th quarter valued at approximately $226,000. Institutional investors and hedge funds own 92.36% of the company’s stock.
CalAtlantic Group Inc (CAA) opened at $53.12 on Monday. CalAtlantic Group Inc has a 52-week low of $33.56 and a 52-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. The firm has a market capitalization of $6,170.00 and a P/E ratio of 15.76.
CalAtlantic Group 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.
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