Gafisa SA (NYSE:GFA) has been assigned a consensus broker rating score of 4.00 (Sell) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a sell rating. Gafisa’s rating score has declined by 33.3% in the last 90 days as a result of various analysts’ ratings changes.
Analysts have set a 12 month consensus price target of $10.50 for the company, according to Zacks. Zacks has also assigned Gafisa an industry rank of 17 out of 265 based on the ratings given to its competitors.
Several research firms have issued reports on GFA. Santander downgraded Gafisa from a “hold” rating to a “sell” rating in a report on Thursday. ValuEngine cut shares of Gafisa from a “hold” rating to a “sell” rating in a research report on Monday, February 5th. Finally, JPMorgan Chase & Co. cut shares of Gafisa from a “neutral” rating to an “underweight” rating in a research report on Monday, November 27th.
The firm also recently announced a … dividend, which was paid on Thursday, February 1st. Shareholders of record on Monday, January 29th were given a dividend of $0.6079 per share. This represents a dividend yield of 0.0521828326180257%. The ex-dividend date was Friday, January 26th. Gafisa’s payout ratio is -1.92%.
Several institutional investors have recently modified their holdings of GFA. Citadel Advisors LLC bought a new stake in shares of Gafisa during the 3rd quarter valued at $176,000. Renaissance Technologies LLC bought a new stake in shares of Gafisa during the 4th quarter valued at $183,000. Two Sigma Advisers LP bought a new stake in shares of Gafisa during the 4th quarter valued at $197,000. Finally, Two Sigma Investments LP bought a new stake in shares of Gafisa during the 4th quarter valued at $519,000. Institutional investors own 5.20% of the company’s stock.
Gafisa SA is a diversified national homebuilder. The Company’s segments are Gafisa (for ventures targeted at high and medium income) and Tenda (for ventures targeted at low income). The Company’s brands include Tenda, which serves the affordable entry-level housing segments, Gafisa, which offers a range of residential options to the mid to higher income segments and Alphaville (equity method investment), which focuses on the identification, development and sale of residential communities.
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