Zacks Investment Research upgraded shares of A V Homes, Inc. (NASDAQ:AVHI) from a sell rating to a hold rating in a research note published on Monday.

According to Zacks, “AV Homes, Inc. is engaged in homebuilding, land development and other real estate operations in Florida and Arizona. The company also builds homes in central Florida and Phoenix under its Joseph Carl Homes brand. It owns and operates active adult communities, including Solivita near Orlando and CantaMia near Phoenix. AV Homes, Inc., formerly known as Avatar Holdings Inc., is based in Poinciana, Florida. “

Several other equities analysts also recently weighed in on the stock. BidaskClub downgraded shares of A V Homes from a strong-buy rating to a buy rating in a research note on Wednesday, July 19th. JMP Securities cut shares of A V Homes from an outperform rating to a market perform rating in a research note on Wednesday, July 19th.

Shares of A V Homes (AVHI) opened at 17.40 on Monday. A V Homes has a 52-week low of $14.65 and a 52-week high of $20.50. The company has a 50-day moving average of $15.96 and a 200 day moving average of $16.94. The company has a market capitalization of $390.72 million, a PE ratio of 13.08 and a beta of 0.54.

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In other news, Director Joshua Lionel Nash acquired 18,953 shares of A V Homes stock in a transaction that occurred on Wednesday, August 2nd. The stock was bought at an average price of $15.25 per share, with a total value of $289,033.25. Following the completion of the purchase, the director now owns 193,475 shares in the company, valued at $2,950,493.75. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Roger Einiger acquired 10,000 shares of A V Homes stock in a transaction that occurred on Tuesday, August 8th. The shares were purchased at an average cost of $15.42 per share, with a total value of $154,200.00. Following the purchase, the director now owns 41,537 shares of the company’s stock, valued at approximately $640,500.54. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 125,177 shares of company stock valued at $1,908,263. 6.80% of the stock is owned by corporate insiders.

A number of large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in A V Homes by 4.1% during the second quarter. Dimensional Fund Advisors LP now owns 952,410 shares of the financial services provider’s stock valued at $19,096,000 after acquiring an additional 37,473 shares in the last quarter. Ulysses Management LLC grew its stake in A V Homes by 0.7% during the second quarter. Ulysses Management LLC now owns 547,753 shares of the financial services provider’s stock valued at $10,982,000 after acquiring an additional 3,673 shares in the last quarter. Vanguard Group Inc. grew its stake in A V Homes by 15.6% during the first quarter. Vanguard Group Inc. now owns 474,794 shares of the financial services provider’s stock valued at $7,811,000 after acquiring an additional 63,936 shares in the last quarter. Acadian Asset Management LLC grew its stake in A V Homes by 66.4% during the second quarter. Acadian Asset Management LLC now owns 275,088 shares of the financial services provider’s stock valued at $5,515,000 after acquiring an additional 109,772 shares in the last quarter. Finally, State Street Corp grew its stake in A V Homes by 11.6% during the second quarter. State Street Corp now owns 231,478 shares of the financial services provider’s stock valued at $4,638,000 after acquiring an additional 24,053 shares in the last quarter. 85.13% of the stock is owned by institutional investors.

About A V 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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