American Century Companies Inc. increased its stake in Tri Pointe Homes Inc. by 10.1% during the Q3, holding 2,755,767 shares valued at $93.61 million. Other institutional investors also adjusted their positions in the construction company, which has seen its stock open at $46.39 and currently holds a “Hold” rating from analysts with a consensus price target of $42.50. Recent financial performance shows Tri Pointe Homes exceeded earnings expectations in its latest quarterly report, though revenue was down year-over-year.
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American Century Companies Inc. Has $93.61 Million Position in Tri Pointe Homes Inc. $TPH
American Century Companies Inc. increased its stake in Tri Pointe Homes Inc. by 10.1% during the Q3, holding 2,755,767 shares valued at $93.61 million. Other institutional investors also adjusted their positions in the construction company, which has seen its stock open at $46.39 and currently holds a “Hold” rating from analysts with a consensus price target of $42.50. Recent financial performance shows Tri Pointe Homes exceeded earnings expectations in its latest quarterly report, though revenue was down year-over-year.