Two Hedge Funds are Bullish on WidePoint Corporation (WYY) and KB Home (KBH)

Balyasny Asset Management is a $2 billion multi-strategy hedge fund that was founded by Dmitry Balyasny in 2001. The fund specializes in macro investing, and seeks unique ideas with attractive returns. Balyasny Asset Management has a diversified portfolio with large portions allocated to the technology, consumer, energy, finance, and healthcare sectors. Its top holdings, in terms of value, were represented by Facebook Inc (NASDAQ:FB), Time Warner Inc (NYSE:TWX), and eBay Inc (NASDAQ:EBAY).

KB Home (NYSE: KBH) is a homebuilding company engaged in building homes through its operating divisions under the name KB Home. The company has a market cap of approximately $1.3 billion, and pays a quarterly dividend of $0.03, which gives the stock a yield of 0.69%. For the third quarter ended August 31, KB Home (NYSE:KBH) posted net income of $23.3 million, or $0.23 a share, versus $28.4 million, or $0.28 a share in the same quarter last year. Its quarterly revenue rose to over $843 million, compared to over $589 million posted a year earlier. The company’s stock has declined by 10.84% since the beginning of the year. Last week, KB Home (NYSE:KBH) announced the opening of a private, gated community in Seminole, Florida. The community, Seminole Groves, is situated in the sought-after South Pinellas area, and will provide residents excellent access to nearby office parks, major thoroughfares, shopping plazas and local beaches, according to a statement. Ken Fisher’s Fisher Asset Management is one of the largest investors of KB Home (NYSE:KBH), holding 2.50 million shares as of June 30.

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