Caxton Associates LP Sells 20,956 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

Caxton Associates LP lowered its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 66.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,765 shares of the construction company's stock after selling 20,956 shares during the period. Caxton Associates LP's holdings in Beazer Homes USA were worth $296,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Barclays PLC lifted its holdings in shares of Beazer Homes USA by 26.3% in the third quarter. Barclays PLC now owns 190,741 shares of the construction company's stock valued at $6,516,000 after purchasing an additional 39,752 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Beazer Homes USA by 4.2% during the third quarter. Franklin Resources Inc. now owns 142,220 shares of the construction company's stock worth $4,592,000 after acquiring an additional 5,796 shares during the period. Ritholtz Wealth Management lifted its holdings in Beazer Homes USA by 26.4% during the fourth quarter. Ritholtz Wealth Management now owns 25,082 shares of the construction company's stock worth $689,000 after acquiring an additional 5,235 shares during the period. Wealthcare Advisory Partners LLC lifted its holdings in Beazer Homes USA by 17.7% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 36,015 shares of the construction company's stock worth $989,000 after acquiring an additional 5,412 shares during the period. Finally, SG Americas Securities LLC raised its stake in shares of Beazer Homes USA by 68.5% in the fourth quarter. SG Americas Securities LLC now owns 16,908 shares of the construction company's stock valued at $464,000 after buying an additional 6,876 shares during the period. Institutional investors and hedge funds own 85.65% of the company's stock.

Beazer Homes USA Price Performance

Shares of NYSE:BZH traded up $1.90 on Tuesday, hitting $23.75. The company's stock had a trading volume of 331,191 shares, compared to its average volume of 391,276. The company has a 50-day simple moving average of $20.36 and a 200 day simple moving average of $25.63. Beazer Homes USA, Inc. has a 1 year low of $17.37 and a 1 year high of $38.22. The company has a market capitalization of $719.70 million, a PE ratio of 6.04, a PEG ratio of 0.35 and a beta of 2.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25.

Beazer Homes USA (NYSE:BZH - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The construction company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.16. The firm had revenue of $565.34 million for the quarter, compared to analysts' expectations of $543.60 million. Beazer Homes USA had a net margin of 5.04% and a return on equity of 10.12%. The business's quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the company posted $1.26 EPS. Sell-side analysts forecast that Beazer Homes USA, Inc. will post 3.48 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Wedbush reaffirmed an "outperform" rating and issued a $41.00 price objective (down from $45.00) on shares of Beazer Homes USA in a report on Friday, May 2nd. Oppenheimer reissued an "outperform" rating and set a $33.00 price objective (down previously from $37.00) on shares of Beazer Homes USA in a report on Tuesday, April 29th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $37.00.

Insider Activity at Beazer Homes USA

In other news, Director John J. Kelley III acquired 10,000 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The shares were bought at an average cost of $21.50 per share, with a total value of $215,000.00. Following the acquisition, the director now owns 15,917 shares in the company, valued at approximately $342,215.50. This represents a 169.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.52% of the stock is currently owned by insiders.

Beazer Homes USA Company Profile

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.