AV Homes Inc (NASDAQ:AVHI) has been assigned 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 rating.

Brokers have set a one year consensus price target of $22.00 for the company and are anticipating that the company will post $0.01 earnings per share for the current quarter, according to Zacks. Zacks has also given AV Homes an industry rank of 60 out of 265 based on the ratings given to its competitors.

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Several equities research analysts have recently commented on the company. Zacks Investment Research downgraded AV Homes from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 28th. BidaskClub downgraded AV Homes from a “buy” rating to a “hold” rating in a report on Tuesday, January 30th.

AV Homes stock opened at $18.35 on Thursday. AV Homes has a 12 month low of $14.65 and a 12 month high of $20.50. The company has a quick ratio of 3.94, a current ratio of 3.94 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $397.80, a P/E ratio of -18.72 and a beta of 0.51.

AV Homes (NASDAQ:AVHI) last issued its quarterly earnings results on Thursday, February 22nd. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.01). AV Homes had a negative net margin of 2.60% and a positive return on equity of 2.77%. The business had revenue of $280.77 million during the quarter, compared to analyst estimates of $301.30 million. equities research analysts anticipate that AV Homes will post 1.35 EPS for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its holdings in shares of AV Homes by 10.1% during the second quarter. Wells Fargo & Company MN now owns 8,259 shares of the financial services provider’s stock valued at $165,000 after acquiring an additional 759 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of AV 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 valued at $230,000 after acquiring an additional 1,210 shares in the last quarter. Parametric Portfolio Associates LLC increased its holdings in shares of AV Homes by 12.7% during the second quarter. Parametric Portfolio Associates LLC now owns 20,074 shares of the financial services provider’s stock valued at $402,000 after acquiring an additional 2,266 shares in the last quarter. Stone Ridge Asset Management LLC bought a new stake in shares of AV Homes during the fourth quarter valued at approximately $391,000. Finally, GSA Capital Partners LLP increased its holdings in shares of AV Homes by 247.6% during the third quarter. GSA Capital Partners LLP now owns 58,259 shares of the financial services provider’s stock valued at $999,000 after acquiring an additional 41,500 shares in the last quarter. Hedge funds and other institutional investors own 82.95% of the company’s stock.

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AV 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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