Asset Management One Co. Ltd. Trims Stock Position in Lennar Corporation $LEN

Asset Management One Co. Ltd. lessened its stake in Lennar Corporation (NYSE:LEN) by 4.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,168 shares of the construction company’s stock after selling 4,927 shares during the period. Asset Management One Co. Ltd.’s holdings in Lennar were worth $12,121,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. FNY Investment Advisers LLC acquired a new stake in Lennar during the second quarter valued at $33,000. Rexford Capital Inc. purchased a new position in Lennar during the second quarter valued at $36,000. Mid American Wealth Advisory Group Inc. acquired a new stake in Lennar in the 2nd quarter worth about $43,000. Cary Street Partners Financial LLC acquired a new position in shares of Lennar during the second quarter valued at approximately $47,000. Finally, SBI Securities Co. Ltd. boosted its stake in shares of Lennar by 190.9% in the second quarter. SBI Securities Co. Ltd. now owns 573 shares of the construction company’s stock worth $63,000 after acquiring an additional 376 shares during the last quarter. 81.10% of the stock is currently owned by institutional investors and hedge funds.

Lennar News Summary

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: TPG recapitalized Quarterra, acquiring a majority stake while Lennar retains a minority interest — the deal brings institutional capital, reduces Lennar’s direct multifamily exposure and should free cash / reduce capital intensity for the homebuilding business. TPG and Lennar Announce Strategic Partnership to Recapitalize Quarterra
• Positive Sentiment: Reports describe the transaction as roughly $1B and note TPG’s additional $1B commitment to the platform — a sizable capital endorsement for Quarterra’s pipeline that supports valuation and growth prospects for the spun platform. TPG Makes $1B Deal For Majority Of Lennar’s Multifamily Business
• Positive Sentiment: A Lennar affiliate paid $18M for Miami‑Dade townhouse properties — a small, accretive land/asset purchase that reflects ongoing localized investment activity. Lennar affiliate buys Miami-Dade properties for $18 million
• Neutral Sentiment: Local development headwinds reported (e.g., Texas Hill Country opposition, delays in San Francisco projects) highlight project‑level permitting and political risk in some markets but are not company‑wide catalysts at this time. Major development in Texas Hill Country residents’ fight against home builder
• Negative Sentiment: Wells Fargo cut its price target to $105 and moved to an “equal weight” stance, signaling more cautious near‑term outlook from a major shop. Wells Fargo Price Target Cut
• Negative Sentiment: UBS downgraded Lennar from Buy to Neutral, reducing buy‑side conviction and potentially pressuring stock momentum. Lennar downgraded to neutral from buy at UBS
• Negative Sentiment: Critical coverage highlights weak demand, margin pressure and management departures — these operational concerns could weigh on medium‑term earnings and investor sentiment. Lennar: Weak Demand, Margin Pressure, And Management Departure
• Negative Sentiment: Bank of America’s sole Underperform rating adds another cautious institutional view that could increase selling pressure if echoed by others. What Lennar (LEN)’s Sole Underperform Rating From Bank of America Means For Shareholders

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Lennar from $115.00 to $80.00 and set an “underweight” rating for the company in a research note on Thursday, December 18th. Wells Fargo & Company dropped their price target on shares of Lennar from $110.00 to $105.00 and set an “equal weight” rating for the company in a research note on Tuesday. BTIG Research set a $90.00 price objective on Lennar in a report on Thursday, December 18th. Wedbush reaffirmed a “neutral” rating and issued a $130.00 target price on shares of Lennar in a research report on Monday, September 22nd. Finally, Evercore ISI downgraded shares of Lennar from an “in-line” rating to an “underperform” rating and dropped their target price for the company from $114.00 to $92.00 in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $108.08.

Lennar Stock Performance

Shares of Lennar stock opened at $106.33 on Wednesday. The company has a quick ratio of 1.36, a current ratio of 4.89 and a debt-to-equity ratio of 0.18. Lennar Corporation has a 52 week low of $98.42 and a 52 week high of $144.24. The firm’s 50 day moving average is $117.74 and its two-hundred day moving average is $121.39. The firm has a market capitalization of $27.12 billion, a P/E ratio of 13.31, a P/E/G ratio of 1.14 and a beta of 1.42.

Lennar (NYSE:LEN) last issued its earnings results on Tuesday, December 16th. The construction company reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.27). Lennar had a net margin of 6.08% and a return on equity of 9.27%. The company had revenue of $9.37 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same quarter in the previous year, the company posted $4.03 EPS. The company’s quarterly revenue was down 5.8% on a year-over-year basis. Research analysts forecast that Lennar Corporation will post 12.48 EPS for the current fiscal year.

Lennar Company Profile

Lennar Corporation (NYSE: LEN) is a U.S.-based homebuilder and real estate company that designs, constructs and sells residential housing. The company offers a range of product types including single-family detached homes, townhomes and condominiums, serving buyers from entry-level and first-time purchasers to move-up, active-adult and luxury segments. Lennar also develops master-planned communities and manages land acquisition and entitlement activities that support its homebuilding operations.

In addition to home construction and sales, Lennar provides a suite of ancillary services intended to streamline the purchase process and capture additional value.