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Ellington Management Group Has Lifted Stake in Kb Home (KBH) by $1.23 Million as Valuation Rose; Kopp Investment Advisors Lowered Its Akorn (AKRX) Stake by $302,280; Shares Rose

Kopp Investment Advisors Llc decreased its stake in Akorn Inc. (AKRX) by 7.77% based on its latest 2017Q3 regulatory filing with the SEC. Kopp Investment Advisors Llc sold 9,160 shares as the company’s stock rose 52.48% with the market. The institutional investor held 108,677 shares of the health care company at the end of 2017Q3, valued at $3.61 million, down from 117,837 at the end of the previous reported quarter. Kopp Investment Advisors Llc who had been investing in Akorn Inc. for a number of months, seems to be less bullish one the $3.91 billion market cap company. The stock decreased 2.01% or $0.64 during the last trading session, reaching $31.26. About 1.11 million shares traded. Akorn, Inc. (NASDAQ:AKRX) has risen 12.04% since February 13, 2017 and is uptrending. It has underperformed by 4.66% the S&P500.

Mike Vranos increased its stake in Kb Home (KBH) by 382.09% based on its latest 2017Q3 regulatory filing with the SEC. Ellington Management Group Llc bought 51,200 shares as the company’s stock rose 28.00% with the market. The hedge fund run by Mike Vranos held 64,600 shares of the homebuilding company at the end of 2017Q3, valued at $1.56M, up from 13,400 at the end of the previous reported quarter. Ellington Management Group Llc who had been investing in Kb Home for a number of months, seems to be bullish on the $2.63 billion market cap company. The stock decreased 0.07% or $0.02 during the last trading session, reaching $30.21. About 765,025 shares traded. KB Home (NYSE:KBH) has risen 69.35% since February 13, 2017 and is uptrending. It has outperformed by 52.65% the S&P500.

Since October 9, 2017, it had 0 insider buys, and 3 selling transactions for $9.29 million activity. The insider PRAW ALBERT Z sold $3.88 million. $4.07M worth of KB Home (NYSE:KBH) shares were sold by Kaminski Jeff.

Among 28 analysts covering KB Home (NYSE:KBH), 0 have Buy rating, 9 Sell and 19 Hold. Therefore 0 are positive. KB Home had 72 analyst reports since September 4, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, January 24 by Raymond James. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, August 22. The firm has “Neutral” rating by Mizuho given on Friday, September 29. Barclays Capital maintained the shares of KBH in report on Tuesday, July 11 with “Sell” rating. The company was upgraded on Friday, January 26 by Buckingham Research. The stock has “Hold” rating by RBC Capital Markets on Friday, September 29. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, September 29 report. As per Friday, January 8, the company rating was downgraded by M Partners. The stock of KB Home (NYSE:KBH) has “Neutral” rating given on Thursday, September 24 by Compass Point. The firm earned “Hold” rating on Monday, August 28 by RBC Capital Markets.

Ellington Management Group Llc, which manages about $12.47 billion and $585.33 million US Long portfolio, decreased its stake in Broadcom Ltd by 1,500 shares to 2,500 shares, valued at $606,000 in 2017Q3, according to the filing. It also reduced its holding in Hilton Worldwide Hldgs Inc by 7,800 shares in the quarter, leaving it with 4,000 shares, and cut its stake in Texas Capital Bancshares Inc (NASDAQ:TCBI).

Investors sentiment increased to 1.81 in Q3 2017. Its up 0.26, from 1.55 in 2017Q2. It is positive, as 26 investors sold KBH shares while 52 reduced holdings. 56 funds opened positions while 85 raised stakes. 82.80 million shares or 0.99% less from 83.63 million shares in 2017Q2 were reported. 9.35 million are owned by Vanguard Grp Inc. Menta Lc has invested 0.06% of its portfolio in KB Home (NYSE:KBH). 2.70M are owned by State Street. Quantbot Tech Lp invested in 53,476 shares or 0.12% of the stock. James Inv Research owns 71,710 shares. Millennium Management Lc has 900,505 shares. Meeder Asset Inc reported 48,687 shares. Ing Groep Nv invested 0% of its portfolio in KB Home (NYSE:KBH). Wells Fargo Mn reported 658,987 shares. Royal Financial Bank Of Canada invested in 150,389 shares or 0% of the stock. 22,300 are owned by Louisiana State Employees Retirement System. Yorktown Mngmt Rech invested 0.05% in KB Home (NYSE:KBH). Deutsche Bancshares Ag holds 0.02% or 1.17M shares in its portfolio. D E Shaw And Inc reported 167,718 shares. Sei Communications holds 458,349 shares.

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