Shares of A V Homes Inc. (NASDAQ:AVHI) dropped 3.4% during trading on Friday . The stock traded as low as $13.55 and last traded at $13.66, with a volume of 54,581 shares trading hands. The stock had previously closed at $14.14.

Separately, Zacks Investment Research cut shares of A V Homes from a “buy” rating to a “hold” rating in a research note on Monday, July 18th.

The stock has a market capitalization of $309.36 million and a PE ratio of 2.35. The stock’s 50-day moving average is $12.98 and its 200-day moving average is $11.62.

A V Homes (NASDAQ:AVHI) last released its earnings results on Thursday, July 28th. The company reported $4.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $4.27. The firm had revenue of $188.10 million for the quarter, compared to analysts’ expectations of $79.40 million. On average, equities analysts anticipate that A V Homes Inc. will post $1.20 earnings per share for the current year.

An institutional investor recently raised its position in A V Homes stock. Dimensional Fund Advisors LP boosted its position in A V Homes Inc. (NASDAQ:AVHI) by 0.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 703,896 shares of the company’s stock after buying an additional 3,503 shares during the period. Dimensional Fund Advisors LP owned approximately 3.15% of A V Homes worth $9,017,000 at the end of the most recent reporting period.

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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