Beazer Homes USA, Inc. (NYSE:BZH) Stock Position Boosted by GSA Capital Partners LLP

GSA Capital Partners LLP raised its position in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 158.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 71,269 shares of the construction company's stock after buying an additional 43,728 shares during the period. GSA Capital Partners LLP owned about 0.24% of Beazer Homes USA worth $1,453,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Beazer Homes USA by 53.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,278 shares of the construction company's stock valued at $250,000 after buying an additional 4,299 shares in the last quarter. HB Wealth Management LLC purchased a new position in Beazer Homes USA in the first quarter valued at $1,174,000. Royce & Associates LP increased its holdings in Beazer Homes USA by 14.5% in the first quarter. Royce & Associates LP now owns 265,401 shares of the construction company's stock valued at $5,412,000 after buying an additional 33,540 shares in the last quarter. GHE LLC increased its holdings in Beazer Homes USA by 1.2% in the first quarter. GHE LLC now owns 70,637 shares of the construction company's stock valued at $1,440,000 after buying an additional 859 shares in the last quarter. Finally, Readystate Asset Management LP purchased a new stake in shares of Beazer Homes USA during the first quarter worth about $2,210,000. Hedge funds and other institutional investors own 85.65% of the company's stock.

Insider Buying and Selling at Beazer Homes USA

In related news, Director John J. Kelley III purchased 10,000 shares of the company's stock in a transaction that occurred on Friday, May 9th. The stock was purchased at an average price of $21.50 per share, with a total value of $215,000.00. Following the completion of the transaction, the director owned 15,917 shares of the company's stock, valued at approximately $342,215.50. This trade represents a 169.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 6.52% of the stock is currently owned by corporate insiders.

Beazer Homes USA Stock Performance

Beazer Homes USA stock traded down $1.80 during midday trading on Friday, hitting $21.70. 920,999 shares of the company's stock were exchanged, compared to its average volume of 410,094. Beazer Homes USA, Inc. has a 12-month low of $17.37 and a 12-month high of $38.22. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.96 and a current ratio of 13.07. The stock has a market cap of $657.51 million, a price-to-earnings ratio of 7.02, a price-to-earnings-growth ratio of 0.65 and a beta of 2.09. The firm's 50 day simple moving average is $22.69 and its 200 day simple moving average is $22.38.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The construction company reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.16). Beazer Homes USA had a return on equity of 7.81% and a net margin of 3.91%. The company had revenue of $545.37 million for the quarter, compared to analysts' expectations of $565.47 million. During the same period in the prior year, the firm posted $0.88 EPS. The firm's quarterly revenue was down 8.4% on a year-over-year basis. Equities research analysts predict that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on BZH shares. Oppenheimer reissued an "outperform" rating and set a $33.00 target price (down previously from $37.00) on shares of Beazer Homes USA in a research note on Tuesday, April 29th. Wedbush reaffirmed an "outperform" rating and set a $41.00 price objective on shares of Beazer Homes USA in a research note on Friday. Finally, B. Riley started coverage on shares of Beazer Homes USA in a research note on Monday, June 30th. They set a "neutral" rating and a $23.00 price objective for the company. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $32.33.

Beazer Homes USA 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.