Shares of Tri Pointe Homes Inc. (NYSE:TPH) rose 3% during trading on Tuesday . The company traded as high as $14.20 and last traded at $14.10, with a volume of 1,186,441 shares traded. The stock had previously closed at $13.69.

TPH has been the topic of a number of research reports. Citigroup Inc. boosted their target price on shares of Tri Pointe Homes from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, July 29th. TheStreet raised shares of Tri Pointe Homes from a “sell” rating to a “hold” rating in a research report on Wednesday, June 22nd. Zacks Investment Research raised shares of Tri Pointe Homes from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 19th. FBR & Co reissued an “outperform” rating and issued a $15.00 target price (up from $13.00) on shares of Tri Pointe Homes in a research report on Thursday, April 28th. Finally, Sterne Agee CRT reissued a “neutral” rating on shares of Tri Pointe Homes in a research report on Monday, May 16th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $15.58.

The firm has a 50-day moving average of $13.31 and a 200-day moving average of $11.81. The stock has a market cap of $2.26 billion and a price-to-earnings ratio of 9.58.

Tri Pointe Homes (NYSE:TPH) last issued its quarterly earnings data on Wednesday, July 27th. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.18. During the same period in the prior year, the company earned $0.34 EPS. The company had revenue of $556.93 million for the quarter, compared to the consensus estimate of $545.23 million. The firm’s revenue was up 30.4% compared to the same quarter last year. On average, analysts predict that Tri Pointe Homes Inc. will post $1.27 EPS for the current year.

Other large investors recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in shares of Tri Pointe Homes by 39.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,004,392 shares of the company’s stock worth $76,076,000 after buying an additional 1,706,042 shares in the last quarter. Trexquant Investment LP raised its stake in shares of Tri Pointe Homes by 51.2% in the fourth quarter. Trexquant Investment LP now owns 128,939 shares of the company’s stock worth $1,634,000 after buying an additional 43,639 shares in the last quarter. Finally, Eaton Vance Management raised its stake in shares of Tri Pointe Homes by 14.0% in the fourth quarter. Eaton Vance Management now owns 91,195 shares of the company’s stock worth $1,156,000 after buying an additional 11,195 shares in the last quarter.

TRI Pointe Group, Inc is a homebuilder company. The Company’s operations are organized in two principal businesses, including homebuilding and financial services. The Company’s homebuilding operation consists of six segments: Maracay Homes, including operations in Arizona; Pardee Homes, consisting of operations in California and Nevada; Quadrant Homes, consisting of operations in Washington; Trendmaker Homes, consisting of operations in Texas; TRI Pointe Homes, consisting of operations in California and Colorado, and Winchester Homes, consisting of operations in Maryland and Virginia.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.