-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JcoHBs5EYMsQIYqdweMfGNsJD1fjD3EokoIlrCon6XvExPRM4JCOtkE8H3NKsC6J 2ZmK6JSRh/3Wx7HJwaNF8g== 0000950144-03-004702.txt : 20030409 0000950144-03-004702.hdr.sgml : 20030409 20030409161854 ACCESSION NUMBER: 0000950144-03-004702 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030409 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HOVNANIAN ENTERPRISES INC CENTRAL INDEX KEY: 0000357294 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 221851059 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39513 FILM NUMBER: 03644240 BUSINESS ADDRESS: STREET 1: 10 HWY 35 STREET 2: PO BOX 500 CITY: RED BANK STATE: NJ ZIP: 07701 BUSINESS PHONE: 7327477800 MAIL ADDRESS: STREET 1: 10 HWY 35 PO BOX 500 STREET 2: 10 HWY 35 PO BOX 500 CITY: RED BANK STATE: NJ ZIP: 07701 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EARNEST PARTNERS LLC CENTRAL INDEX KEY: 0001102578 IRS NUMBER: 582386669 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 75 FOURTEENTH STREET, SUITE 2300 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 4048158772 MAIL ADDRESS: STREET 1: 75 FOURTEENTH STREET, SUITE 2300 CITY: ATLANTA STATE: GA ZIP: 30309 SC 13G/A 1 g81900sc13gza.htm HOVNANIAN ENTERPRISES, INC. / EARNEST PARTNERS LLC HOVNANIAN ENTERPRISES, INC. / EARNEST PARTNERS LLC
 

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

Hovnanian Enterprises, Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

442487203

(Cusip Number)

3/31/2003

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

        x Rule 13d-1 (b)

        o Rule 13d-1 (c)

        o Rule 13d-1 (d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the notes).

 

 

             
13G
CUSIP No. 442487203
  1. Name of Reporting Persons:
EARNEST Partners, LLC		 I.R.S. Identification Nos. of above persons (entities only):
  2. Check the Appropriate Box if a Member of a Group (See Instructions): Not Applicable
    (a) o  
    (b) o  
  3. SEC Use Only:
  4. Citizenship or Place of Organization:
State of Georgia
Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
5. Sole Voting Power: 883,525
6. Shared Voting Power: 101,080
7. Sole Dispositive Power: 1,124,805
8.Shared Dispositive Power: 0
  9.Aggregate Amount Beneficially Owned by Each Reporting Person: 1,124,805
  10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): Not Applicable
o
  11.Percent of Class Represented by Amount in Row (9): 4.7%
  12.Type of Reporting Person (See Instructions): IA

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Item 1.

     
(a)   Name of Issuer
Hovnanian Enterprises, Inc.
     
(b)   Address of Issuer’s Principal Executive Offices
10 Highway 35, P.O. Box 500, Red Bank, New Jersey 07701

Item 2.

     
(a)   Name of Person Filing
EARNEST Partners, LLC
     
(b)   Address of Principal Business Office or, if none, Residence
75 Fourteenth Street, Suite 2300, Atlanta, Georgia 30309
     
(c)   Citizenship
State of Georgia
     
(d)   Title of Class of Securities
Class A Common Stock
     
(e)   CUSIP Number
442487203

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

         
(a)   o   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
         
(b)   o   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
         
(c)   o   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
         
(d)   o   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
         
(e)   x   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
         

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(f)   o   An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
         
(g)   o   A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
         
(h)   o   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
         
(i)   o   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
         
(j)   o   Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

     
(a)   Amount beneficially owned:
1,124,805
     
(b)   Percent of class:
4.7%
     
(c)   Number of shares as to which the person has:
         
    (i)   Sole power to vote or to direct the vote 883,525
         
    (ii)   Shared power to vote or to direct the vote 101,080
         
    (iii)   Sole power to dispose or to direct the disposition of 1,124,805
         
    (iv)   Shared power to dispose or to direct the disposition of 0

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d3(d)(1).

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.

Instruction: Dissolution of a group requires a response to this item.

4

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. EARNEST Partners, LLC is filing as an investment adviser in accordance with §240.13d-1(b)(1)(ii)(E). No EARNEST Partners, LLC client’s interest relates to more than five percent of the class.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Not Applicable

Item 8. Identification and Classification of Members of the Group

If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. Not Applicable

Item 9. Notice of Dissolution of Group

Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not Applicable

Item 10. Certification

     
(a)   The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
     
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
     
(b)   The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
     
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

5

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     
    April 8, 2003
   
    Date
     
     
    /s/ James M. Wilson
   
    Signature
     
     
    James M. Wilson, Chief Administrative & Compliance Office
   
    Name/Title

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