La Quinta Holdings Inc. (LQ) Forms $18.46 Double Top; Grandeur Peak Global Advisors Has Cut By $1.09 Million Its Lgi Homes (LGIH) Stake

La Quinta Holdings Inc. (LQ) formed double top with $20.12 target or 9.00% above today’s $18.46 share price. La Quinta Holdings Inc. (LQ) has $2.17 billion valuation. The stock increased 0.05% or $0.01 during the last trading session, reaching $18.46. About 1.09 million shares traded. La Quinta Holdings Inc. (NYSE:LQ) has risen 19.42% since December 31, 2016 and is uptrending. It has outperformed by 2.72% the S&P500.

Grandeur Peak Global Advisors Llc decreased Lgi Homes Inc (LGIH) stake by 17.05% reported in 2017Q3 SEC filing. Grandeur Peak Global Advisors Llc sold 22,750 shares as Lgi Homes Inc (LGIH)’s stock rose 12.47%. The Grandeur Peak Global Advisors Llc holds 110,676 shares with $5.38 million value, down from 133,426 last quarter. Lgi Homes Inc now has $1.63 billion valuation. The stock decreased 2.55% or $1.96 during the last trading session, reaching $75.03. About 404,144 shares traded or 23.15% up from the average. LGI Homes, Inc. (NASDAQ:LGIH) has risen 30.68% since December 31, 2016 and is uptrending. It has outperformed by 13.98% the S&P500.

Since August 14, 2017, it had 0 insider buys, and 3 selling transactions for $2.67 million activity. Lipar Eric Thomas sold $1.36 million worth of stock or 25,000 shares. Sansbury Bryan Christopher had sold 25,000 shares worth $1.16 million on Monday, August 14. 3,500 shares valued at $160,335 were sold by Snider Michael Larry on Thursday, September 21.

Among 6 analysts covering LGI Homes (NASDAQ:LGIH), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. LGI Homes had 16 analyst reports since August 6, 2015 according to SRatingsIntel. On Wednesday, November 8 the stock rating was maintained by JMP Securities with “Market Outperform”. The rating was initiated by Sidoti on Tuesday, December 29 with “Buy”. The firm has “Hold” rating given on Friday, August 7 by Zacks. The firm earned “Market Perform” rating on Tuesday, May 16 by Wells Fargo. Wedbush initiated it with “Neutral” rating and $35 target in Tuesday, December 6 report. The rating was downgraded by Wells Fargo on Friday, January 6 to “Market Perform”. JP Morgan downgraded the shares of LGIH in report on Wednesday, August 9 to “Neutral” rating. The firm has “Neutral” rating given on Tuesday, October 3 by Wedbush. The stock of LGI Homes, Inc. (NASDAQ:LGIH) has “Outperform” rating given on Thursday, August 31 by Wedbush. The firm has “Outperform” rating by Wells Fargo given on Thursday, September 29.

Grandeur Peak Global Advisors Llc increased Gildan Activewear Inc (NYSE:GIL) stake by 22,000 shares to 313,465 valued at $9.79 million in 2017Q3. It also upped Hamilton Lane Inc stake by 100,300 shares and now owns 246,068 shares. Ritchie Bros Auctioneers Inc (NYSE:RBA) was raised too.

Investors sentiment decreased to 1.09 in 2017 Q3. Its down 0.02, from 1.11 in 2017Q2. It turned negative, as 14 investors sold LGIH shares while 53 reduced holdings. 31 funds opened positions while 42 raised stakes. 19.37 million shares or 3.04% less from 19.98 million shares in 2017Q2 were reported. Raymond James Fincl Svcs Advsr has 0.01% invested in LGI Homes, Inc. (NASDAQ:LGIH). Heartland Advsrs holds 1.32% or 420,050 shares. Parallax Volatility Advisers LP stated it has 133 shares or 0% of all its holdings. California State Teachers Retirement Sys accumulated 0% or 27,702 shares. Kennedy Cap Mngmt holds 166,480 shares or 0.15% of its portfolio. 21,895 are owned by Sei. Macquarie Limited accumulated 0.07% or 796,504 shares. Peak6 LP accumulated 14,754 shares. Fortaleza Asset Mgmt has 0.29% invested in LGI Homes, Inc. (NASDAQ:LGIH) for 3,230 shares. State Of New Jersey Common Pension Fund D invested 0.04% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH). Metropolitan Life Insurance Com has invested 0% in LGI Homes, Inc. (NASDAQ:LGIH). Alps Advisors owns 10,293 shares. Pnc Finance Svcs Gp holds 0% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH) for 2,795 shares. Thrivent For Lutherans invested 0% of its portfolio in LGI Homes, Inc. (NASDAQ:LGIH). Glenmede Tru Co Na holds 45 shares.

Analysts await LGI Homes, Inc. (NASDAQ:LGIH) to report earnings on March, 6. They expect $1.24 EPS, up 22.77% or $0.23 from last year’s $1.01 per share. LGIH’s profit will be $26.96M for 15.13 P/E if the $1.24 EPS becomes a reality. After $1.40 actual EPS reported by LGI Homes, Inc. for the previous quarter, Wall Street now forecasts -11.43% negative EPS growth.

Among 11 analysts covering La Quinta Holdings (NYSE:LQ), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. La Quinta Holdings had 31 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was upgraded by Bank of America on Thursday, December 15 to “Neutral”. On Tuesday, June 14 the stock rating was downgraded by Wells Fargo to “Underperform”. The firm has “Hold” rating by Zacks given on Tuesday, September 22. Bank of America downgraded the stock to “Underperform” rating in Thursday, October 29 report. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, January 26. The stock has “Hold” rating by Stifel Nicolaus on Monday, October 23. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, January 10. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, July 20. The company was upgraded on Friday, October 6 by Wells Fargo. The firm has “Market Perform” rating by Wells Fargo given on Thursday, October 29.