EPS for Lennar (LEN) Expected At $1.50; State Board Of Administration Of Florida Retirement System Has Trimmed Cbs New (CBS) Stake By $966,735

December 7, 2017 - By Winifred Garcia

State Board Of Administration Of Florida Retirement System decreased Cbs Corp New (CBS) stake by 2.53% reported in 2017Q2 SEC filing. State Board Of Administration Of Florida Retirement System sold 15,345

shares as Cbs Corp New (CBS)’s stock declined 6.13%. The State Board Of Administration Of Florida Retirement System holds 592,301 shares with $37.78M value, down from 607,646 last quarter. Cbs Corp New now has $22.00 billion valuation. The stock decreased 1.15% or $0.67 during the last trading session, reaching $57.43. About 2.80M shares traded. CBS Corporation (NYSE:CBS) has risen 18.35% since December 7, 2016 and is uptrending. It has outperformed by 1.65% the S&P500.

Analysts expect Lennar Corporation (NYSE:LEN) to report $1.50 EPS on December, 18.They anticipate $0.16 EPS change or 11.94% from last quarter’s $1.34 EPS. LEN’s profit would be $351.25M giving it 10.15 P/E if the $1.50 EPS is correct. After having $1.06 EPS previously, Lennar Corporation’s analysts see 41.51% EPS growth. The stock decreased 1.81% or $1.12 during the last trading session, reaching $60.91. About 3.86M shares traded or 12.67% up from the average. Lennar Corporation (NYSE:LEN) has risen 19.91% since December 7, 2016 and is uptrending. It has outperformed by 3.21% the S&P500.

Investors sentiment increased to 0.8 in 2017 Q2. Its up 0.11, from 0.69 in 2017Q1. It is positive, as 67 investors sold CBS shares while 250 reduced holdings. 71 funds opened positions while 184 raised stakes. 229.56 million shares or 0.71% less from 231.20 million shares in 2017Q1 were reported. The Illinois-based Blair William And Com Il has invested 0% in CBS Corporation (NYSE:CBS). Captrust Financial Advisors holds 241 shares or 0% of its portfolio. Northwest Counselors Ltd accumulated 92 shares. First Trust Advsrs Ltd Partnership holds 0.03% or 183,708 shares. Aviva Plc invested 0.14% in CBS Corporation (NYSE:CBS). Svcs Automobile Association has invested 0.08% in CBS Corporation (NYSE:CBS). Dsc LP has 85,000 shares. Palouse Cap Management reported 1.74% in CBS Corporation (NYSE:CBS). Addenda Capital stated it has 0.51% of its portfolio in CBS Corporation (NYSE:CBS). Vestor Capital Ltd Liability, Illinois-based fund reported 28,705 shares. Ariel Ltd Liability Corporation invested in 0.6% or 791,924 shares. Washington-based Parametric Port Associates Limited Com has invested 0.09% in CBS Corporation (NYSE:CBS). Bkd Wealth Ltd Llc holds 5,803 shares or 0.04% of its portfolio. Ing Groep Nv has invested 0.04% of its portfolio in CBS Corporation (NYSE:CBS). Robeco Institutional Asset Mgmt Bv holds 209,879 shares or 0.09% of its portfolio.

State Board Of Administration Of Florida Retirement System increased Pra Health Sciences Inc stake by 7,076 shares to 28,968 valued at $2.17 million in 2017Q2. It also upped Paramount Group Inc stake by 33,140 shares and now owns 72,935 shares. Fireeye Inc (NASDAQ:FEYE) was raised too.

Analysts await CBS Corporation (NYSE:CBS) to report earnings on February, 21. They expect $1.20 earnings per share, up 8.11% or $0.09 from last year’s $1.11 per share. CBS’s profit will be $459.61 million for 11.96 P/E if the $1.20 EPS becomes a reality. After $1.11 actual earnings per share reported by CBS Corporation for the previous quarter, Wall Street now forecasts 8.11% EPS growth.

Among 33 analysts covering CBS Corp (NYSE:CBS), 27 have Buy rating, 0 Sell and 6 Hold. Therefore 82% are positive. CBS Corp has $8100 highest and $6 lowest target. $68.38’s average target is 19.07% above currents $57.43 stock price. CBS Corp had 98 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of CBS Corporation (NYSE:CBS) earned “Hold” rating by KeyBanc Capital Markets on Friday, August 25. Stifel Nicolaus maintained CBS Corporation (NYSE:CBS) rating on Wednesday, March 16. Stifel Nicolaus has “Buy” rating and $60 target. Deutsche Bank maintained the shares of CBS in report on Friday, July 29 with “Buy” rating. The firm has “Buy” rating by Jefferies given on Thursday, November 2. Benchmark maintained CBS Corporation (NYSE:CBS) rating on Friday, June 16. Benchmark has “Buy” rating and $76 target. As per Thursday, September 10, the company rating was upgraded by Deutsche Bank. The firm has “Buy” rating by UBS given on Tuesday, October 4. The stock has “Outperform” rating by Wedbush on Friday, February 12. Jefferies maintained the shares of CBS in report on Monday, June 12 with “Buy” rating. The rating was initiated by Pacific Crest on Friday, October 9 with “Sector Weight”.

Investors sentiment decreased to 1.2 in Q2 2017. Its down 0.09, from 1.29 in 2017Q1. It fall, as 36 investors sold Lennar Corporation shares while 139 reduced holdings. 61 funds opened positions while 149 raised stakes. 187.51 million shares or 1.47% less from 190.31 million shares in 2017Q1 were reported. Spirit Of America Corp New York stated it has 0.03% in Lennar Corporation (NYSE:LEN). Ontario – Canada-based Waratah Advsr Ltd has invested 0.16% in Lennar Corporation (NYSE:LEN). Envestnet Asset holds 0.02% of its portfolio in Lennar Corporation (NYSE:LEN) for 123,913 shares. Tower Rech Ltd Llc (Trc) holds 0.01% of its portfolio in Lennar Corporation (NYSE:LEN) for 1,750 shares. Salem Investment Counselors has 93,795 shares. Nomura Asset Mngmt Limited stated it has 0.02% in Lennar Corporation (NYSE:LEN). Third Avenue Mngmt Ltd Liability reported 2.87 million shares. State Of Alaska Department Of Revenue owns 6,157 shares. Public Employees Retirement Association Of Colorado invested 0.4% in Lennar Corporation (NYSE:LEN). Qs Investors Ltd Liability Corporation accumulated 2,541 shares or 0% of the stock. Sadoff Invest Mgmt Ltd Co owns 495,604 shares for 2.51% of their portfolio. Old Mutual Global (Uk) Ltd accumulated 400 shares. First Interstate Comml Bank stated it has 5,296 shares. Point72 Asia (Hong Kong), a Hong Kong-based fund reported 52 shares. Barclays Public Ltd has 149,730 shares for 0.01% of their portfolio.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company has market cap of $14.26 billion. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions. It has a 17.55 P/E ratio. The Company’s homebuilding activities primarily include the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, as well as the purchase, development, and sale of residential land.

Among 24 analysts covering Lennar (NYSE:LEN), 15 have Buy rating, 0 Sell and 9 Hold. Therefore 63% are positive. Lennar had 54 analyst reports since September 22, 2015 according to SRatingsIntel. The rating was maintained by Susquehanna with “Positive” on Wednesday, March 30. The company was maintained on Tuesday, June 20 by Keefe Bruyette & Woods. The stock of Lennar Corporation (NYSE:LEN) has “Buy” rating given on Monday, November 6 by JMP Securities. The firm earned “Outperform” rating on Friday, April 7 by Wood. M Partners maintained Lennar Corporation (NYSE:LEN) rating on Monday, December 21. M Partners has “Neutral” rating and $51 target. The stock has “Neutral” rating by Citigroup on Wednesday, September 21. As per Wednesday, March 30, the company rating was maintained by Wood. The firm has “Buy” rating given on Friday, October 20 by Citigroup. The stock of Lennar Corporation (NYSE:LEN) has “Neutral” rating given on Monday, February 8 by Credit Suisse. The rating was maintained by FBR Capital with “Outperform” on Tuesday, September 22.

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