Geduld E E Lowers stake in AV Homes Inc (AVHI)

AV Homes Inc (AVHI) : Geduld E E reduced its stake in AV Homes Inc by 7.69% during the most recent quarter end. The investment management company now holds a total of 30,000 shares of AV Homes Inc which is valued at $424,200 after selling 2,500 shares in AV Homes Inc , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.AV Homes Inc makes up approximately 0.59% of Geduld E E’s portfolio.

Other Hedge Funds, Including , Royce Associates Lp reduced its stake in AVHI by selling 32,900 shares or 3.68% in the most recent quarter. The Hedge Fund company now holds 861,550 shares of AVHI which is valued at $12,182,317. AV Homes Inc makes up approx 0.08% of Royce Associates Lp’s portfolio.Heartland Advisors Inc reduced its stake in AVHI by selling 11,100 shares or 1.32% in the most recent quarter. The Hedge Fund company now holds 826,900 shares of AVHI which is valued at $11,436,027. AV Homes Inc makes up approx 0.61% of Heartland Advisors Inc’s portfolio.First Manhattan Co boosted its stake in AVHI in the latest quarter, The investment management firm added 22,642 additional shares and now holds a total of 2,099,293 shares of AV Homes Inc which is valued at $26,556,056. AV Homes Inc makes up approx 0.16% of First Manhattan Co’s portfolio.

AV Homes Inc opened for trading at $13.65 and hit $14.25 on the upside on Monday, eventually ending the session at $13.85, with a gain of 1.47% or 0.2 points. The heightened volatility saw the trading volume jump to 26,862 shares. Company has a market cap of $314 M.

AV Homes Inc. is a homebuilder. The Company’s primary business is the acquisition development and building of active adult and primary residential home communities in Florida Arizona and North Carolina. Its business is focused on the development of active adult communities which are age-restricted or age-targeted to the age 55 and over active adult demographic and primary residential communities which serve first-time and move-up buyers and the construction and sale of residences within these communities. It also engages in the operation of amenities. It operates in three segments: the development sale and management of active adult communities; the development and sale of primary residential communities and the sale of commercial industrial or other land. Its active adult communities include Solivita CantaMia Vitalia at Tradition Encore at Eastmark and Creekside at Bethpage. It operates its active adult segment in select Florida and Arizona markets.

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