GSA Capital Partners LLP Purchases 43,728 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

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

Other hedge funds also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Beazer Homes USA by 53.9% in the 1st 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 during the period. HB Wealth Management LLC acquired a new stake in shares of Beazer Homes USA in the 1st quarter worth approximately $1,174,000. Royce & Associates LP raised its holdings in shares of Beazer Homes USA by 14.5% in the 1st quarter. Royce & Associates LP now owns 265,401 shares of the construction company's stock worth $5,412,000 after purchasing an additional 33,540 shares in the last quarter. GHE LLC raised its holdings in shares of Beazer Homes USA by 1.2% in the 1st quarter. GHE LLC now owns 70,637 shares of the construction company's stock worth $1,440,000 after purchasing an additional 859 shares in the last quarter. Finally, Readystate Asset Management LP bought a new stake in shares of Beazer Homes USA in the 1st quarter worth approximately $2,210,000. Institutional investors and hedge funds own 85.65% of the company's stock.

Analyst Upgrades and Downgrades

BZH has been the topic of a number of recent analyst reports. Wedbush restated an "outperform" rating and set a $41.00 price target on shares of Beazer Homes USA in a report on Friday. B. Riley started coverage on shares of Beazer Homes USA in a research report on Monday, June 30th. They issued a "neutral" rating and a $23.00 target price for the company. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $33.00 price objective (down 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, one has issued a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $32.33.

Beazer Homes USA Stock Performance

Beazer Homes USA stock traded down $1.80 during mid-day trading on Friday, reaching $21.70. The company had a trading volume of 921,004 shares, compared to its average volume of 311,332. Beazer Homes USA, Inc. has a 52 week low of $17.37 and a 52 week high of $38.22. The firm has a market cap of $657.58 million, a price-to-earnings ratio of 9.86, a PEG ratio of 0.65 and a beta of 2.09. The company has a quick ratio of 0.96, a current ratio of 13.07 and a debt-to-equity ratio of 0.88. The company has a 50 day moving average of $22.71 and a 200-day moving average of $22.34.

Beazer Homes USA (NYSE:BZH - Get Free Report) last announced its earnings results on Thursday, July 31st. The construction company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.16). The firm had revenue of $545.37 million for the quarter, compared to analyst estimates of $565.47 million. Beazer Homes USA had a return on equity of 6.14% and a net margin of 2.84%. The company's revenue for the quarter was down 8.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.88 EPS. On average, sell-side analysts expect that Beazer Homes USA, Inc. will post 3.48 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director John J. Kelley III acquired 10,000 shares of the firm's stock in a transaction on Friday, May 9th. The shares were purchased at an average price of $21.50 per share, with a total value of $215,000.00. Following the acquisition, the director directly owned 15,917 shares in the company, valued at $342,215.50. The trade was a 169.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 6.52% of the stock is currently owned by corporate insiders.

About Beazer Homes USA

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.