WCI Communities Inc (WCIC) : Thomson Horstmann Bryant Inc reduced its stake in WCI Communities Inc by 6.38% during the most recent quarter end. The investment management company now holds a total of 816,103 shares of WCI Communities Inc which is valued at $14,771,464 after selling 55,618 shares in WCI Communities Inc , the firm said in a disclosure report filed with the SEC on Apr 20, 2016.WCI Communities Inc makes up approximately 1.72% of Thomson Horstmann Bryant Inc’s portfolio.
WCI Communities Inc opened for trading at $17.93 and hit $18.13 on the upside on Friday, eventually ending the session at $18.1, with a gain of 1.17% or 0.21 points. The heightened volatility saw the trading volume jump to 78,162 shares. Company has a market cap of $477 M.
Other Hedge Funds, Including , Buckingham Capital Management Inc reduced its stake in WCIC by selling 95,444 shares or 17.02% in the most recent quarter. The Hedge Fund company now holds 465,268 shares of WCIC which is valued at $8,421,351. WCI Communities Inc makes up approx 0.49% of Buckingham Capital Management Inc’s portfolio.Dalton Greiner Hartman Maher Co boosted its stake in WCIC in the latest quarter, The investment management firm added 21,173 additional shares and now holds a total of 131,037 shares of WCI Communities Inc which is valued at $2,405,839. WCI Communities Inc makes up approx 0.14% of Dalton Greiner Hartman Maher Co’s portfolio.Berkshire Asset Managementpa boosted its stake in WCIC in the latest quarter, The investment management firm added 50,433 additional shares and now holds a total of 136,848 shares of WCI Communities Inc which is valued at $2,512,529. WCI Communities Inc makes up approx 0.39% of Berkshire Asset Managementpa’s portfolio. Donald L. Hagan added WCIC to its portfolio by purchasing 674 company shares during the most recent quarter which is valued at $12,375. WCI Communities Inc makes up approx 0.01% of Donald L. Hagan’s portfolio.Real Estate Management Services boosted its stake in WCIC in the latest quarter, The investment management firm added 246,530 additional shares and now holds a total of 1,307,500 shares of WCI Communities Inc which is valued at $24,005,700. WCI Communities Inc makes up approx 3.82% of Real Estate Management Services’s portfolio.
On the company’s financial health, WCI Communities Inc reported $0.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 17, 2016. Analyst had a consensus of $0.36. The company had revenue of $165.00 million for the quarter, compared to analysts expectations of $162.73 million. The company’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS.
Many Wall Street Analysts have commented on WCI Communities Inc. Shares were Reiterated by FBR Capital on Feb 18, 2016 to “Outperform” and Lowered the Price Target to $ 23 from a previous price target of $28 .
WCI Communities Inc. is a lifestyle community developer and luxury homebuilder of single- and multi-family homes. The Company’s business is organized into three operating segments: Homebuilding which designs sells and builds homes across a range of price points and sizes; Real Estate Services which operates a real estate brokerage business under the Berkshire Hathaway HomeServices brand and title services and Amenities which includes the construction ownership and management of recreational amenities in residential communities that it develops. Amenities consist of golf courses and country clubs marinas and resort-style facilities.