Industrial Goods Most Active: General Electric Company (NYSE:GE), KB Home (NYSE:KBH), PulteGroup (NYSE:PHM), D.R. Horton (NYSE:DHI)

Technology Stocks News 9

General Electric (NYSE:GE) was the recipient of a significant drop in short interest in the month of January. As of February 28th, there was short interest totalling 73,675,784 shares, a drop of 7.5% from the February 14th total of 79,648,526 shares, AmericanBankingNews.comreports. General Electric Company (NYSE:GE) stock performance was 0.04% in last session and finished the day at $25.41. Traded volume was 31,145,176 million shares in the last session and the average volume of the stock remained 36.67 million shares. The beta of the stock remained 1.60. General Electric Company (NYSE:GE) insider ownership is 0.04%.

Equities researchers at Keefe, Bruyette & Woods upped their target price on shares of KB Home (NYSE:KBH) from $16.00 to $17.00 in a research report issued on Thursday, AnalystRatingsNetwork reports. KB Home (NYSE:KBH) dropped -4.55 percent to $16.98 yesterday on volume of 11.84 million shares. The intra-day range of the stock was $16.92 to $17.84. KB Home (NYSE:KBH) has a market capitalization of $1.60 billion.

PulteGroup, Inc. (NYSE:PHM)’s shares increased 0.37% to $19.22. PulteGroup’s stock was downgraded to Neutral from Outperform at Credit Suisse on Mar. 12 following monthly survey results that indicate continued demand weakness and lower buyer traffic. The firm expects lower 1H 2014 absorption rates and margins. Price target is $20. PulteGroup, Inc. (NYSE:PHM)’s stock on Mar 24, 2014 reported a decrease of -1.41% to the closing price of $18.84. Its fifty two weeks range is $14.23 -$24.47. The total market capitalization recorded $7.18 billion. The overall volume in the last trading session was 7,593,342 million shares. In its share capital, PulteGroup, Inc. (NYSE:PHM) has 383.66 million outstanding shares.

Builder D.R. Horton Inc (NYSE:DHI) will host a grand opening Sunday at a 105-home community in suburban Lake Worth. On Monday, shares of D.R. Horton, Inc. (NYSE:DHI) dropped -0.75% to close the day at $21.26. Company return on investment (ROI) is 6.10% and its monthly performance is recorded as -10.11%. D.R. Horton, Inc. (NYSE:DHI) quarterly revenue growth is 5.61%.

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