BNP Paribas Financial Markets Has $2.74 Million Stock Position in Beazer Homes USA, Inc. (NYSE:BZH)

BNP Paribas Financial Markets raised its stake in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 74.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 99,622 shares of the construction company's stock after acquiring an additional 42,353 shares during the period. BNP Paribas Financial Markets owned about 0.32% of Beazer Homes USA worth $2,736,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC increased its holdings in Beazer Homes USA by 26.3% during the 3rd 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. Ritholtz Wealth Management lifted its position in Beazer Homes USA by 26.4% during the 4th quarter. Ritholtz Wealth Management now owns 25,082 shares of the construction company's stock worth $689,000 after buying an additional 5,235 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in Beazer Homes USA by 17.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 36,015 shares of the construction company's stock worth $989,000 after buying an additional 5,412 shares in the last quarter. SG Americas Securities LLC lifted its position in Beazer Homes USA by 68.5% during the 4th quarter. SG Americas Securities LLC now owns 16,908 shares of the construction company's stock worth $464,000 after buying an additional 6,876 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in Beazer Homes USA by 5.1% during the 4th quarter. Empowered Funds LLC now owns 170,465 shares of the construction company's stock worth $4,681,000 after acquiring an additional 8,248 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Beazer Homes USA

In other Beazer Homes USA news, Director John J. Kelley III acquired 10,000 shares of the business's stock in a transaction dated Friday, May 9th. The stock was bought at an average cost of $21.50 per share, with a total value of $215,000.00. Following the completion of the transaction, the director now directly owns 15,917 shares in the company, valued at approximately $342,215.50. This represents a 169.00% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 6.52% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Wedbush reiterated an "outperform" rating and set a $41.00 target price (down from $45.00) on shares of Beazer Homes USA in a research report on Friday, May 2nd. Oppenheimer reaffirmed 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 investment analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $37.00.

Beazer Homes USA Trading Down 1.2%

Shares of BZH traded down $0.27 on Wednesday, reaching $21.59. 28,594 shares of the company's stock were exchanged, compared to its average volume of 392,764. Beazer Homes USA, Inc. has a 12 month low of $17.37 and a 12 month high of $38.22. The stock has a market capitalization of $654.24 million, a P/E ratio of 5.50, a price-to-earnings-growth ratio of 0.35 and a beta of 2.20. The company has a current ratio of 15.52, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. The business has a 50 day moving average price of $20.37 and a two-hundred day moving average price of $25.31.

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

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.