United Asset Strategies Inc. Makes New $2.34 Million Investment in Lennar Corporation $LEN

United Asset Strategies Inc. bought a new stake in shares of Lennar Corporation (NYSE:LEN) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 18,561 shares of the construction company’s stock, valued at approximately $2,339,000.

Other large investors also recently bought and sold shares of the company. FNY Investment Advisers LLC bought a new position in Lennar during the second quarter valued at $33,000. Rexford Capital Inc. purchased a new stake in shares of Lennar during the 2nd quarter valued at about $36,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Lennar in the 2nd quarter valued at about $43,000. Cary Street Partners Financial LLC purchased a new position in Lennar in the second quarter worth about $47,000. Finally, SBI Securities Co. Ltd. increased its stake in Lennar by 190.9% during 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. Institutional investors own 81.10% of the company’s stock.

Analyst Ratings Changes

LEN has been the subject of several analyst reports. Royal Bank Of Canada lowered Lennar from a “sector perform” rating to an “underperform” rating and lowered their price objective for the company from $106.00 to $95.00 in a research note on Wednesday, December 17th. Wedbush restated a “neutral” rating and issued a $130.00 price target on shares of Lennar in a research report on Monday, September 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Lennar in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods lowered their target price on shares of Lennar from $125.00 to $115.00 and set a “market perform” rating for the company in a report on Thursday, December 18th. Finally, Evercore ISI downgraded shares of Lennar from an “in-line” rating to an “underperform” rating and cut their price target for the company from $114.00 to $92.00 in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $108.08.

Lennar News Roundup

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: TPG strategic partnership recapitalizes Quarterra, selling a majority stake and bringing ~ $1B of committed capital; Lennar keeps a minority interest — reduces exposure to a loss-making multifamily arm and brings liquidity to the business. TPG and Lennar Announce Strategic Partnership to Recapitalize Quarterra
• Positive Sentiment: Deal coverage reports TPG paid roughly $1B for majority control of Lennar’s multifamily business — cash proceeds and de-risking may improve Lennar’s operating profile going forward. TPG Makes $1B Deal For Majority Of Lennar’s Multifamily Business
• Neutral Sentiment: Sector note — Barron’s says home builders have momentum but will need ongoing demand and incentives to sustain gains; this is a sector tailwind but doesn’t negate company-specific headwinds. Home Builder Stocks Are Off to a Good Start
• Negative Sentiment: Analyst downgrades and target cuts: UBS downgraded LEN (from Buy to Neutral), Citizens/JMP moved to Market Perform after a weak Q4, and Wells Fargo trimmed its price target to $105 (Equal Weight) — analyst sentiment has turned more cautious following earnings. UBS downgrades Lennar Wells Fargo Lowers Price Target
• Negative Sentiment: Zacks Research cut its FY2028 EPS forecast to $10.17 (Zacks has a Hold), well below the consensus full-year estimate of $12.48 — lowering forward earnings expectations pressures valuation.
• Negative Sentiment: Analyst/market commentary highlights weak demand, margin pressure and management turnover concerns in a bearish Seeking Alpha piece — adds to near-term sentiment headwinds. Seeking Alpha: Weak Demand, Margin Pressure, And Management Departure
• Negative Sentiment: Local community pushback on new developments in Texas (Helotes Creek, Hill Country) could slow approvals or increase costs for some projects — a potential localized headwind for growth. Proposal for additional development near Helotes Creek draws community scrutiny
• Positive Sentiment: Lennar affiliate purchased Miami‑Dade properties for $18M — smaller, but indicates ongoing land/asset activity in key markets. Lennar affiliate buys Miami-Dade properties for $18 million

Lennar Trading Down 2.3%

LEN stock opened at $103.93 on Thursday. Lennar Corporation has a 12 month low of $98.42 and a 12 month high of $144.24. The firm’s 50-day moving average is $117.34 and its 200 day moving average is $121.27. The company has a market capitalization of $26.50 billion, a PE ratio of 13.01, a P/E/G ratio of 1.15 and a beta of 1.42. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.89 and a quick ratio of 1.36.

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

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.