TRI Pointe Group, Inc. (TPH) Is At $18.92 Formed Wedge; Cullen Capital Management Upped Its Hcp (HCP) Stake

January 24, 2018 - By Jerrie Dane

Cullen Capital Management Llc increased Hcp Inc. (HCP) stake by 2.41% reported in 2017Q3 SEC filing. Cullen Capital Management Llc acquired 25,630 shares as Hcp Inc. (HCP)’s stock rose 2.09%. The Cullen Capital Management Llc holds 1.09 million shares with $30.29 million value, up from 1.06 million last quarter. Hcp Inc. now has $11.44B valuation. The stock decreased 0.45% or $0.11 during the last trading session, reaching $24.17. About 865,556 shares traded. HCP, Inc. (NYSE:HCP) has risen 8.01% since January 24, 2017 and is uptrending. It has underperformed by 8.69% the S&P500.

TRI Pointe Group, Inc. (TPH) formed wedge up with $19.49 target or 3.00% above today’s $18.92 share price. TRI Pointe Group, Inc. (TPH) has $2.85 billion valuation. The stock increased 0.26% or $0.05 during the last trading session, reaching $18.92. About 105,693 shares traded. TRI Pointe Group, Inc. (NYSE:TPH) has risen 19.18% since January 24, 2017 and is uptrending. It has outperformed by 2.48% the S&P500.

Cullen Capital Management Llc decreased Bce Inc. (NYSE:BCE) stake by 33,045 shares to 1.66 million valued at $77.55M in 2017Q3. It also reduced Johnson Controls International stake by 316,420 shares and now owns 678,900 shares. Te Connectivity Ltd. (NYSE:TEL) was reduced too.

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.38, from 1.23 in 2017Q2. It worsened, as 54 investors sold HCP shares while 188 reduced holdings. 43 funds opened positions while 163 raised stakes. 411.39 million shares or 0.00% less from 411.39 million shares in 2017Q2 were reported. Heitman Real Estate Secs Limited Liability holds 2.73% or 1.70M shares. Moreover, Stonebridge Capital Advsr Ltd Liability Corporation has 0.28% invested in HCP, Inc. (NYSE:HCP). Pacad Invest Ltd reported 26,899 shares stake. Advisors Limited Llc has invested 0% in HCP, Inc. (NYSE:HCP). Kayne Anderson Rudnick Management Ltd Co holds 64,656 shares or 0.02% of its portfolio. Pennsylvania-based Nationwide Fund Advisors has invested 0.06% in HCP, Inc. (NYSE:HCP). Fort Washington Inv Oh invested in 0.01% or 25,140 shares. Sun Life Financial Inc, a Ontario – Canada-based fund reported 20,771 shares. State Board Of Administration Of Florida Retirement Sys has invested 0.05% in HCP, Inc. (NYSE:HCP). State Treasurer State Of Michigan has 0.03% invested in HCP, Inc. (NYSE:HCP) for 142,267 shares. Cahill Financial Advsrs holds 0.11% or 7,236 shares. Peak6 Invs LP holds 0% of its portfolio in HCP, Inc. (NYSE:HCP) for 23,688 shares. Louisiana State Employees Retirement Sys reported 29,300 shares. Stifel Fincl Corp invested in 247,119 shares or 0.02% of the stock. Cambridge Invest Research Advisors has 95,688 shares for 0.04% of their portfolio.

Among 20 analysts covering HCP (NYSE:HCP), 5 have Buy rating, 1 Sell and 14 Hold. Therefore 25% are positive. HCP had 70 analyst reports since September 8, 2015 according to SRatingsIntel. Stifel Nicolaus upgraded HCP, Inc. (NYSE:HCP) on Tuesday, December 5 to “Buy” rating. The stock of HCP, Inc. (NYSE:HCP) earned “Hold” rating by Jefferies on Tuesday, May 10. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, November 2. The firm earned “Hold” rating on Friday, January 5 by Robert W. Baird. The firm has “Hold” rating given on Monday, September 11 by RBC Capital Markets. The firm has “Neutral” rating given on Wednesday, November 2 by Mizuho. The rating was upgraded by Bank of America on Monday, April 3 to “Buy”. The rating was downgraded by UBS to “Neutral” on Wednesday, March 16. Bank of America upgraded HCP, Inc. (NYSE:HCP) on Tuesday, October 4 to “Neutral” rating. The firm has “Buy” rating by Mizuho given on Thursday, November 2.

Analysts await TRI Pointe Group, Inc. (NYSE:TPH) to report earnings on February, 28. They expect $0.64 earnings per share, up 77.78% or $0.28 from last year’s $0.36 per share. TPH’s profit will be $96.27M for 7.39 P/E if the $0.64 EPS becomes a reality. After $0.48 actual earnings per share reported by TRI Pointe Group, Inc. for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

Among 9 analysts covering TRI Pointe Homes (NYSE:TPH), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. TRI Pointe Homes has $24.0 highest and $10 lowest target. $18.50’s average target is -2.22% below currents $18.92 stock price. TRI Pointe Homes had 20 analyst reports since August 12, 2015 according to SRatingsIntel. Susquehanna maintained TRI Pointe Group, Inc. (NYSE:TPH) on Thursday, January 4 with “Buy” rating. Wedbush initiated TRI Pointe Group, Inc. (NYSE:TPH) on Tuesday, September 20 with “Outperform” rating. The rating was downgraded by Barclays Capital to “Equal-Weight” on Tuesday, July 11. The stock of TRI Pointe Group, Inc. (NYSE:TPH) earned “Market Perform” rating by Wells Fargo on Thursday, September 29. BTIG Research upgraded the shares of TPH in report on Thursday, October 26 to “Hold” rating. The stock of TRI Pointe Group, Inc. (NYSE:TPH) has “Positive” rating given on Wednesday, March 30 by Susquehanna. The rating was maintained by JMP Securities with “Market Outperform” on Thursday, October 26. The stock of TRI Pointe Group, Inc. (NYSE:TPH) earned “Overweight” rating by Barclays Capital on Friday, January 6. The stock of TRI Pointe Group, Inc. (NYSE:TPH) earned “Equal-Weight” rating by Barclays Capital on Thursday, October 26. The firm has “Outperform” rating by FBR Capital given on Thursday, April 28.

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.36, from 1.23 in 2017Q2. It is negative, as 17 investors sold TRI Pointe Group, Inc. shares while 81 reduced holdings. 27 funds opened positions while 58 raised stakes. 164.86 million shares or 4.78% more from 157.34 million shares in 2017Q2 were reported. Fuller And Thaler Asset Mngmt Inc reported 0.54% in TRI Pointe Group, Inc. (NYSE:TPH). Ing Groep Nv invested 0% in TRI Pointe Group, Inc. (NYSE:TPH). Pcj Counsel owns 236,800 shares or 0.21% of their US portfolio. Wellington Mngmt Grp Inc Ltd Liability Partnership holds 0.02% of its portfolio in TRI Pointe Group, Inc. (NYSE:TPH) for 7.58M shares. Deutsche Bankshares Ag reported 0% stake. Horizon Kinetics owns 260,372 shares for 0.11% of their portfolio. Walleye Trading Limited Liability, Minnesota-based fund reported 13,415 shares. Fmr Llc invested in 2.96M shares. Weaver C Barksdale Assoc Inc has invested 0.01% of its portfolio in TRI Pointe Group, Inc. (NYSE:TPH). Goldman Sachs Gru, a New York-based fund reported 982,173 shares. Investment Counselors Of Maryland Ltd Liability, Maryland-based fund reported 1.62 million shares. Ameritas Invest Prtnrs holds 152,471 shares. Barclays Public Ltd Company holds 0% or 32,475 shares. Howe And Rusling owns 171 shares. State Treasurer State Of Michigan owns 0.01% invested in TRI Pointe Group, Inc. (NYSE:TPH) for 56,900 shares.