Register Financial Advisors LLC Grows Holdings in Beazer Homes USA, Inc. (NYSE:BZH)

Register Financial Advisors LLC increased its position in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 52.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 91,381 shares of the construction company's stock after acquiring an additional 31,450 shares during the period. Beazer Homes USA comprises approximately 1.0% of Register Financial Advisors LLC's holdings, making the stock its 26th largest position. Register Financial Advisors LLC owned approximately 0.29% of Beazer Homes USA worth $1,863,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in BZH. ProShare Advisors LLC bought a new position in shares of Beazer Homes USA during the 4th quarter valued at about $226,000. Norges Bank purchased a new stake in Beazer Homes USA in the 4th quarter worth about $4,149,000. Proficio Capital Partners LLC purchased a new stake in Beazer Homes USA in the 4th quarter worth about $304,000. JPMorgan Chase & Co. raised its position in Beazer Homes USA by 31.9% in the 4th quarter. JPMorgan Chase & Co. now owns 105,306 shares of the construction company's stock worth $2,892,000 after purchasing an additional 25,484 shares during the period. Finally, Northern Trust Corp raised its position in Beazer Homes USA by 10.4% in the 4th quarter. Northern Trust Corp now owns 290,695 shares of the construction company's stock worth $7,982,000 after purchasing an additional 27,503 shares during the period. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Beazer Homes USA Price Performance

BZH traded up $0.17 on Friday, reaching $21.62. 538,503 shares of the company's stock were exchanged, compared to its average volume of 392,667. The stock has a market cap of $655.09 million, a PE ratio of 7.00, a P/E/G ratio of 0.60 and a beta of 2.10. Beazer Homes USA, Inc. has a twelve month low of $17.37 and a twelve month high of $38.22. The stock's fifty day moving average price is $20.80 and its 200-day moving average price is $23.36. The company has a debt-to-equity ratio of 0.88, a current ratio of 13.07 and a quick ratio of 0.96.

Beazer Homes USA (NYSE:BZH - Get Free Report) last posted its earnings results 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 company had revenue of $565.34 million for the quarter, compared to analyst estimates of $543.60 million. Beazer Homes USA had a net margin of 3.91% and a return on equity of 7.81%. Beazer Homes USA's revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.26 EPS. Sell-side analysts expect that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Beazer Homes USA

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

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.