Residential Construction Stocks Under Scanner -- PulteGroup, D.R. Horton, KB Home, and Toll Brothers

NEW YORK, June 1, 2017 /PRNewswire/ --

Stock-Callers.com has issued research reports on the following four equities: PulteGroup Inc. (NYSE: PHM), D.R. Horton Inc. (NYSE: DHI), KB Home (NYSE: KBH), and Toll Brothers Inc. (NYSE: TOL). According to Research and Markets' "Global Anti-Skid Ceramic Tiles Market 2017-2021" report, the US Construction industry is set to pick up in the next five years. The Residential Construction space is expected to be the major growing segment, mainly supported by government plans to significantly increase the budget allocation to the sector. You can access our complimentary research reports on these stocks now at:

http://stock-callers.com/registration

PulteGroup  

Shares in Atlanta, Georgia headquartered PulteGroup Inc. ended Wednesday's trading session flat at $22.67. The stock recorded a trading volume of 6.10 million shares, which was higher than its three months average volume of 5.61 million shares. The Company's shares have gained 0.85% in the last one month, 0.80% over the last three months, and 23.34% on an YTD basis. The stock is trading 8.61% above its 200-day moving average. Moreover, shares of PulteGroup, which through its subsidiaries, engages primarily in the home-building business in the US, have a Relative Strength Index (RSI) of 45.78.

On May 08th, 2017, PulteGroup announced that, following a recently completed thorough review of its land portfolio, the Company plans to dispose of select non-core and underutilized assets. Based on its review, the Company has determined that it will sell certain currently inactive land parcels, representing approximately 4,600 lots, and work to monetize two, small communities representing an additional 400 lots. Visit us today and download your complete report on PHM for free at:

http://stock-callers.com/registration/?symbol=PHM


D.R. Horton  

Fort Worth, Texas headquartered D.R. Horton Inc.'s stock declined 0.73%, closing the day at $32.69 with a total trading volume of 3.07 million shares. The Company's shares have advanced 0.28% in the previous three months and 19.61% since the start of this year. The stock is trading 6.41% above its 200-day moving average. Additionally, shares of D.R. Horton, which operates as a homebuilding company, have an RSI of 43.43.

On May 16th, 2017, D.R. Horton reported that the Company has repurchased $60.6 million (1.85 million shares) of its common stock during its current quarter ending June 30th, 2017. The shares were repurchased in the open market to partially offset dilution from equity awards granted to key employees and non-management directors. The Company has $39.4 million remaining on its current stock repurchase authorization, which expires on July 31st, 2017. The complimentary research report on DHI can be accessed at:

http://stock-callers.com/registration/?symbol=DHI


KB Home  

On Wednesday, shares in Los Angeles, California headquartered KB Home recorded a trading volume of 2.19 million shares. The stock ended the day 1.27% lower at $20.98. The Company's shares have advanced 1.70% in the past month, 16.49% in the previous three months, and 32.70% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.83% and 22.06%, respectively. Furthermore, shares of KB Home, which operates as a homebuilding company in the US, have an RSI of 51.80.

On May 25th, 2017, KB Home announced that the Company recently launched its "60 Acts of Kindness," a series of service activities that the Company will carry out across the country in celebration of its 60th Anniversary, and as part of its ongoing KB Cares initiative. The activities will provide support to the communities, where the KB Home team lives, works, and builds new homes. Register for free on Stock-Callers.com and download the PDF research report on KBH at:

http://stock-callers.com/registration/?symbol=KBH


Toll Brothers  

Horsham, Pennsylvania headquartered Toll Brothers Inc.'s stock dropped 0.35%, finishing yesterday's session at $36.91. A total volume of 2.29 million shares was traded, which was above their three months average volume of 2.02 million shares. The Company's shares have advanced 2.16% in the last one month, 5.70% in the previous three months, and 19.06% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.06% and 14.59%, respectively. Additionally, shares of Toll Brothers, which together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities, have an RSI of 48.12.

On May 09th, 2017, Toll Brothers announced that Robert I. and Bruce E. Toll, who co-founded the Company fifty years ago, have been awarded the 2017 BUILDER Hall of Fame Award. The honor was bestowed upon them at the Housing Leadership Summit, hosted by Hanley Wood, publisher of BUILDER magazine, on May 08th, 2017, in Dana Point, California. 

On May 24th, 2017, research firm Buckingham Research downgraded the Company's stock rating from 'Buy' to 'Neutral'. Get free access to your research report on TOL at:

http://stock-callers.com/registration/?symbol=TOL

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