Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
PulteGroup, Inc. (NYSE: PHM)
PulteGroup is one of the largest homebuilders in the United States, operating in 44 markets across 24 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.
A quick look at the price chart below for PulteGroup shows us that the stock is up 30% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 8.67, which means that it’s undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in PulteGroup:
Edgar Wachenheim – 5,250,246 shares
Cliff Asness – 4,807,896 shares
Jim Simons – 2,087,367 shares
Israel Englander – 1,706,288 shares
Ken Griffin – 1,586,155 shares
Chuck Royce – 486,258 shares
Joel Greenblatt – 190,167 shares
Lee Ainslie – 71,208 shares
Jim O’Shaughnessy – 66,003 shares
Ray Dalio – 63,942 shares
Jeremy Grantham – 34,524 shares
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