A V Homes (AVHI) Downgraded by BidaskClub to “Hold”

BidaskClub cut shares of A V Homes (NASDAQ:AVHI) from a buy rating to a hold rating in a report released on Tuesday, December 5th.

Separately, Zacks Investment Research upgraded A V Homes from a sell rating to a hold rating in a report on Monday, October 2nd.

A V Homes (NASDAQ AVHI) opened at $16.80 on Tuesday. A V Homes has a one year low of $14.65 and a one year high of $20.50. The company has a market capitalization of $377.26, a PE ratio of 20.24 and a beta of 0.54. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 1.04.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Rhumbline Advisers increased its stake in shares of A V Homes by 3.4% in the second quarter. Rhumbline Advisers now owns 14,745 shares of the financial services provider’s stock worth $296,000 after acquiring an additional 480 shares during the last quarter. American International Group Inc. increased its position in A V Homes by 7.0% during the first quarter. American International Group Inc. now owns 7,526 shares of the financial services provider’s stock worth $124,000 after buying an additional 493 shares during the last quarter. Wells Fargo & Company MN increased its position in A V Homes by 10.1% during the second quarter. Wells Fargo & Company MN now owns 8,259 shares of the financial services provider’s stock worth $165,000 after buying an additional 759 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in A V Homes by 11.8% during the second quarter. The Manufacturers Life Insurance Company now owns 11,477 shares of the financial services provider’s stock worth $230,000 after buying an additional 1,210 shares during the last quarter. Finally, Parametric Portfolio Associates LLC increased its position in A V Homes by 12.7% during the second quarter. Parametric Portfolio Associates LLC now owns 20,074 shares of the financial services provider’s stock worth $402,000 after buying an additional 2,266 shares during the last quarter. 84.85% of the stock is currently owned by institutional investors and hedge funds.

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A V Homes Company Profile

AV Homes, Inc is a homebuilder engaged in the business of homebuilding and community development in Florida, Arizona and the Carolinas. The Company is also engaged in other real estate activities, such as the operation of amenities and the sale of land for third-party development. The Company’s segments include Florida, Arizona and the Carolinas.

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