Janus Henderson Group PLC Sells 109,702 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

Janus Henderson Group PLC cut its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 88.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,000 shares of the construction company's stock after selling 109,702 shares during the quarter. Janus Henderson Group PLC's holdings in Beazer Homes USA were worth $384,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Beazer Homes USA by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 1,828,558 shares of the construction company's stock worth $50,212,000 after buying an additional 22,033 shares in the last quarter. Boston Partners grew its stake in shares of Beazer Homes USA by 5.1% in the fourth quarter. Boston Partners now owns 1,123,125 shares of the construction company's stock worth $30,946,000 after acquiring an additional 54,959 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Beazer Homes USA by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,075,199 shares of the construction company's stock worth $29,525,000 after acquiring an additional 5,431 shares during the period. Mill Road Capital Management LLC grew its stake in shares of Beazer Homes USA by 81.0% in the fourth quarter. Mill Road Capital Management LLC now owns 666,058 shares of the construction company's stock worth $18,290,000 after acquiring an additional 297,989 shares during the period. Finally, First Eagle Investment Management LLC grew its stake in shares of Beazer Homes USA by 9.1% during the 4th quarter. First Eagle Investment Management LLC now owns 612,158 shares of the construction company's stock valued at $16,810,000 after purchasing an additional 51,027 shares during the period. 85.65% of the stock is currently owned by institutional investors.

Insider Activity at Beazer Homes USA

In other Beazer Homes USA news, Director John J. Kelley III purchased 10,000 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The shares were bought at an average price of $21.50 per share, with a total value of $215,000.00. Following the completion of the purchase, the director now directly owns 15,917 shares in the company, valued at $342,215.50. This trade represents a 169.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 6.52% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

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

Beazer Homes USA Price Performance

NYSE BZH traded down $0.63 during trading hours on Wednesday, reaching $20.68. The company's stock had a trading volume of 230,263 shares, compared to its average volume of 392,439. The firm's 50-day moving average price is $20.27 and its 200-day moving average price is $24.90. The company has a quick ratio of 1.25, a current ratio of 15.52 and a debt-to-equity ratio of 0.87. 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 $626.67 million, a price-to-earnings ratio of 5.27, a PEG ratio of 0.35 and a beta of 2.20.

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

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.