Shares of AV Homes Inc (NASDAQ:AVHI) have received a consensus broker rating score of 3.00 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a hold recommendation.
Brokers have set a 12-month consensus price objective of $22.00 for the company and are anticipating that the company will post $0.41 EPS for the current quarter, according to Zacks. Zacks has also assigned AV Homes an industry rank of 129 out of 265 based on the ratings given to related companies.
Several equities analysts have recently issued reports on AVHI shares. BidaskClub lowered AV Homes from a “buy” rating to a “hold” rating in a research report on Tuesday, January 30th. Zacks Investment Research raised AV Homes from a “hold” rating to a “strong-buy” rating and set a $21.00 price target for the company in a research report on Thursday, January 4th.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Stone Ridge Asset Management LLC purchased a new position in shares of AV Homes in the 4th quarter worth about $391,000. Deutsche Bank AG raised its position in shares of AV Homes by 49.1% in the 4th quarter. Deutsche Bank AG now owns 101,828 shares of the financial services provider’s stock worth $1,695,000 after purchasing an additional 33,550 shares during the last quarter. Basswood Capital Management L.L.C. purchased a new position in shares of AV Homes in the 4th quarter worth about $1,880,000. Renaissance Technologies LLC raised its position in shares of AV Homes by 14.0% in the 4th quarter. Renaissance Technologies LLC now owns 330,500 shares of the financial services provider’s stock worth $5,503,000 after purchasing an additional 40,592 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of AV Homes by 61.3% in the 4th quarter. Wells Fargo & Company MN now owns 20,171 shares of the financial services provider’s stock worth $336,000 after purchasing an additional 7,664 shares during the last quarter. 81.01% of the stock is owned by hedge funds and other institutional investors.
About AV Homes
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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