Achmea Investment Management B.V. Sells 51,729 Shares of Lennar Corporation $LEN

Achmea Investment Management B.V. lowered its position in Lennar Corporation (NYSE:LEN) by 73.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,546 shares of the construction company’s stock after selling 51,729 shares during the period. Achmea Investment Management B.V.’s holdings in Lennar were worth $2,337,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Center For Asset Management LLC boosted its position in shares of Lennar by 5.7% during the third quarter. Center For Asset Management LLC now owns 3,477 shares of the construction company’s stock valued at $438,000 after purchasing an additional 188 shares in the last quarter. Campbell Capital Management Inc. lifted its position in Lennar by 0.8% during the third quarter. Campbell Capital Management Inc. now owns 40,287 shares of the construction company’s stock valued at $5,078,000 after buying an additional 302 shares during the period. Danske Bank A S bought a new stake in shares of Lennar during the 3rd quarter valued at $9,228,000. Fulcrum Asset Management LLP bought a new stake in shares of Lennar during the 3rd quarter valued at $1,454,000. Finally, KDT Advisors LLC grew its position in shares of Lennar by 2.7% in the 3rd quarter. KDT Advisors LLC now owns 4,654 shares of the construction company’s stock worth $587,000 after buying an additional 123 shares during the period. 81.10% of the stock is currently owned by institutional investors.

Lennar Price Performance

Shares of NYSE LEN opened at $94.57 on Thursday. The firm has a market cap of $23.36 billion, a P/E ratio of 13.59, a PEG ratio of 2.03 and a beta of 1.43. Lennar Corporation has a twelve month low of $92.17 and a twelve month high of $144.24. The company has a quick ratio of 0.97, a current ratio of 4.77 and a debt-to-equity ratio of 0.18. The company has a 50 day moving average of $111.96 and a 200 day moving average of $118.84.

Lennar (NYSE:LEN) last posted its earnings results on Thursday, March 12th. The construction company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.07). Lennar had a return on equity of 7.80% and a net margin of 5.39%.The business had revenue of $6.62 billion during the quarter, compared to the consensus estimate of $6.90 billion. During the same period in the previous year, the business posted $2.14 EPS. The firm’s revenue for the quarter was down 13.3% on a year-over-year basis. As a group, research analysts expect that Lennar Corporation will post 12.48 EPS for the current fiscal year.

Lennar Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Wednesday, February 4th were given a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, February 4th. This represents a $2.00 dividend on an annualized basis and a yield of 2.1%. Lennar’s payout ratio is 28.74%.

Lennar News Summary

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Potential value unlock from Miami‑Dade rezoning — Lennar is pursuing rezoning of a Miami‑Dade site for townhouses, which could improve density and margins on that land parcel if approved. Lennar could rezone Miami‑Dade site for townhouses
• Positive Sentiment: Short-term positive reaction to analyst target changes earlier this week — some coverage adjustments briefly lifted the stock intraday as investors re‑priced forward expectations. Why Is Lennar Corporation Stock Trading Higher Today?
• Neutral Sentiment: Keefe, Bruyette & Woods cut its price target to $105 and set a “market perform” rating — the new target still implies modest upside vs. current levels but signals a cautious stance. Benzinga
• Neutral Sentiment: Citigroup lowered its target to $104 and moved to “neutral,” another sign of more muted expectations from Street analysts. Benzinga
• Negative Sentiment: Quarterly miss — Lennar reported $0.88 EPS (vs. ~ $0.95 consensus) and revenue of $6.619B (vs. ~ $6.88B consensus). The top‑line decline and earnings miss are the primary fundamental reasons investors are retrenching. Earnings and revenue miss details
• Negative Sentiment: Bearish sell‑side notes — Truist and UBS issued pessimistic forecasts for LEN, adding downward pressure by signaling weaker outlooks from major brokers. Truist forecast UBS forecast
• Negative Sentiment: Local opposition/regulatory risk — Resident pushback against Lennar projects (e.g., Hill Country coverage) highlights execution and permitting risks that can delay projects and increase costs. Hill Country opposition

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on LEN. Wells Fargo & Company lowered their price target on shares of Lennar from $105.00 to $100.00 and set an “equal weight” rating for the company in a research report on Monday. Bank of America reaffirmed an “underperform” rating and set a $95.00 target price (down from $125.00) on shares of Lennar in a research note on Thursday, December 18th. BTIG Research set a $90.00 price target on Lennar in a research report on Thursday, December 18th. Citizens Jmp reaffirmed a “market perform” rating on shares of Lennar in a research report on Wednesday, January 7th. Finally, UBS Group dropped their target price on Lennar from $122.00 to $107.00 and set a “neutral” rating on the stock in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Hold rating and nine have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $102.07.

Lennar 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.