Vantage Financial Partners Ltd. Inc. Acquires 1,100 Shares of CalAtlantic Group Inc (CAA)

Vantage Financial Partners Ltd. Inc. raised its holdings in CalAtlantic Group Inc (NYSE:CAA) by 15.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,000 shares of the industrial goods maker’s stock after acquiring an additional 1,100 shares during the period. Vantage Financial Partners Ltd. Inc.’s holdings in CalAtlantic Group were worth $452,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. SeaCrest Wealth Management LLC acquired a new stake in CalAtlantic Group in the 4th quarter valued at about $123,000. Cerebellum GP LLC acquired a new stake in CalAtlantic Group in the 4th quarter valued at about $126,000. Timber Hill LLC acquired a new stake in CalAtlantic Group in the 4th quarter valued at about $208,000. Quantitative Systematic Strategies LLC acquired a new stake in CalAtlantic Group in the 4th quarter valued at about $209,000. Finally, CIBC Asset Management Inc acquired a new stake in CalAtlantic Group in the 4th quarter valued at about $218,000. Institutional investors own 92.36% of the company’s stock.

CAA has been the subject of several analyst reports. Deutsche Bank cut shares of CalAtlantic Group from a “buy” rating to a “hold” rating and set a $52.00 price target for the company. in a research note on Monday, November 20th. Credit Suisse Group reissued a “neutral” rating and issued a $63.00 price target (up previously from $51.00) on shares of CalAtlantic Group in a research note on Monday, January 22nd. They noted that the move was a valuation call. Mizuho set a $64.00 price target on shares of CalAtlantic Group and gave the company a “hold” rating in a research note on Thursday, January 18th. Wedbush increased their price target on shares of CalAtlantic Group from $51.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, December 29th. Finally, UBS Group increased their price objective on shares of CalAtlantic Group from $42.00 to $55.00 and gave the stock a “neutral” rating in a research report on Friday, November 10th. Thirteen research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. CalAtlantic Group currently has an average rating of “Hold” and a consensus price target of $55.22.

In related news, CFO Jeffrey Joseph Mccall sold 65,000 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $55.27, for a total transaction of $3,592,550.00. Following the completion of the transaction, the chief financial officer now owns 178,519 shares of the company’s stock, valued at approximately $9,866,745.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 39.50% of the company’s stock.

CalAtlantic Group Inc (NYSE:CAA) opened at $53.12 on Tuesday. The company has a current ratio of 5.91, a quick ratio of 0.29 and a debt-to-equity ratio of 0.80. The firm has a market cap of $6,170.00 and a P/E ratio of 15.76. CalAtlantic Group Inc has a 1 year low of $33.56 and a 1 year high of $64.60.

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CalAtlantic Group Company Profile

CalAtlantic Group, Inc is a diversified builder of single-family attached and detached homes. The Company operates through two segments: homebuilding and financial services. The homebuilding segment operations include acquiring and developing land, and constructing and selling single-family attached and detached homes.

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Institutional Ownership by Quarter for CalAtlantic Group (NYSE:CAA)

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