Citadel Raises Stake in KB Home (KBH) to 4.82%

In a 13G filing on KB Home (NYSE: KBH), Kenneth Griffin's hedge fund Citadel disclosed a 4.82%, or 3,720,136 share, stake in the company. This is up 964.11% from the 349,600 shares held at the end of the latest quarter ending September 30, 2012. However, the firm noted that it has ceased to be the beneficial owner of more than 5 percent of the class of securities.

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