Housebuilder Persimmon has appointed Roger Devlin as chairman with effect from 1 June.
Sky: Liberum upgrades to buy with a target price of 1,250p.
Housebuilder Persimmon pledged to pay out double its previously promised surplus cash via bumper dividends over this and the next two years as it reported profits growth and encouraging recent sales.
Persimmon announced amendments to its 2012 Long Term Incentive Plan entitlements on Friday, affecting CEO Jeff Fairburn, CFO Mike Killoran, and group managing director Dave Jenkinson.
The chief executive of UK home builder Persimmon announced on Wednesday that he will donate a portion of his controversial £100m bonus to charity.
The government is looking to crack down on property developers, including greater use of compulsory purchase powers and potentially removing planning permission if land is not developed in time.
Mothercare: JP Morgan downgrades to underweight with a target price of 40p.
House builder Persimmon, where chief executive Jeff Fairbairn is set to rake in a £110m bonus, said full year pre-tax profits would be "modestly ahead" of expectations as it continued to benefit from the government's controversial help-to-buy scheme.
The chairman of housebuilder Persimmon, Nicholas Wrigley, is planning to retire following a dispute over an incentive scheme for executive pay.
A range of new housing policies were proposed by Chancellor Philip Hammond in his Budget statement, including more funds for smaller housebuilder, a probe into potential holding of land by major housebuilders and a stamp duty cut for first-time buyers.
Britain's property market is slowing as political and economic uncertainty take their toll on sales, buyer demand and prices, a closely watched survey has shown.
Persimmon said demand for its properties remained strong in the third quarter as the housebuilder benefited from the government's Help to Buy programme.
Kingfisher: Goldman Sachs upgrades to Buy with a target price of 375p.
Expectations over the outlook for housebuilders "have run ahead of themselves", said Barclays as it downgraded its ratings for Persimmon, Berkeley Group, Redrow, Bellway and Taylor Wimpey.
The government has proposed a major state housebuilding push to ease the housing crisis, with one side-effect being an end to the "cosy and golden trading climate" that large building companies currently enjoy.
Credit Suisse hiked its target price on shares of homebuilder Persimmon, hailing it as the 'best-in-class' operator and the "most operationally efficient housebuilder" in its coverage universe.
Provident: Barclays downgrades to Equal Weight with a target price of 600p.
Persimmon's profit before tax surged in the first half of the year as sales improved but profits margins leapt higher thanks to strong cost control.
Homebuilders' shares were at the bottom of the pile as evidence appeared to mount that recent stamp duty changes were indeed dampening activity in the sector.
The UK government on Tuesday said it would ban builders from selling new homes as leasehold and was considering cutting ground rents to zero to curb a growing national scandal that has seen new property buyers exploited.