Hovnanian EnterprisesHOV
Market Cap: $1.3B
About: Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments; Northeast which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; Southeast which includes Florida, Georgia and South Carolina; and West which includes Arizona, California and Texas. The firm generates maximum revenue from West Segment.
Employees: 1,715
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
60.78% more ownership
Funds ownership: 2.42% [Q1] → 63.2% (+60.78%) [Q2]
33% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 43
5% less capital invested
Capital invested by funds: $501M [Q1] → $477M (-$24M) [Q2]
8% less funds holding
Funds holding: 147 [Q1] → 135 (-12) [Q2]
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
Research analyst outlook
We haven’t received any recent analyst ratings for HOV.
Financial journalist opinion
Based on 6 articles about HOV published over the past 30 days