Register Financial Advisors LLC Has $1.43 Million Position in Beazer Homes USA, Inc. $BZH

Key Points

• Register Financial Advisors LLC cut its stake in Beazer Homes by 53.8% in Q4, selling 81,868 shares and retaining 70,284 shares worth about $1.43 million (0.24% of the company).
• Beazer reported a weak quarter—EPS of ($0.90) vs. a ($0.49) estimate and revenue of $363.5M (down 22.5% year‑over‑year), missing analysts' expectations.
• The stock has a consensus analyst rating of Hold with a target price of $31.33; shares opened at $20.40 and the company has a market cap of about $602M.

Register Financial Advisors LLC lowered its position in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 53.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,284 shares of the construction company's stock after selling 81,868 shares during the quarter. Register Financial Advisors LLC owned 0.24% of Beazer Homes USA worth $1,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in BZH. Millennium Management LLC increased its stake in shares of Beazer Homes USA by 928.5% in the third quarter. Millennium Management LLC now owns 376,183 shares of the construction company's stock valued at $9,235,000 after buying an additional 339,607 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Beazer Homes USA by 1,385.2% in the third quarter. JPMorgan Chase & Co. now owns 229,705 shares of the construction company's stock valued at $5,639,000 after buying an additional 214,239 shares during the period. Fund 1 Investments LLC acquired a new position in shares of Beazer Homes USA in the second quarter valued at approximately $1,946,000. Teacher Retirement System of Texas increased its stake in shares of Beazer Homes USA by 93.4% in the third quarter. Teacher Retirement System of Texas now owns 133,861 shares of the construction company's stock valued at $3,286,000 after buying an additional 64,652 shares during the period. Finally, Cerity Partners LLC increased its stake in shares of Beazer Homes USA by 101.4% in the second quarter. Cerity Partners LLC now owns 127,555 shares of the construction company's stock valued at $2,853,000 after buying an additional 64,220 shares during the period. Institutional investors and hedge funds own 85.65% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on BZH shares. Zacks Research raised Beazer Homes USA from a "strong sell" rating to a "hold" rating in a research note on Friday, January 16th. Weiss Ratings lowered Beazer Homes USA from a "hold (c)" rating to a "sell (d)" rating in a research note on Friday, January 30th. Finally, Wall Street Zen lowered Beazer Homes USA from a "hold" rating to a "strong sell" rating in a research note on Saturday, January 31st. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Beazer Homes USA has a consensus rating of "Hold" and a consensus target price of $31.33.

Beazer Homes USA Stock Performance

Shares of BZH opened at $20.40 on Tuesday. The company has a current ratio of 19.62, a quick ratio of 1.81 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $602.00 million, a P/E ratio of 68.01, a price-to-earnings-growth ratio of 1.65 and a beta of 2.21. The firm's fifty day simple moving average is $23.07 and its two-hundred day simple moving average is $22.71. Beazer Homes USA, Inc. has a 12 month low of $17.37 and a 12 month high of $28.33.

Beazer Homes USA (NYSE:BZH - Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The construction company reported ($0.90) EPS for the quarter, missing analysts' consensus estimates of ($0.49) by ($0.41). Beazer Homes USA had a net margin of 0.44% and a return on equity of 2.11%. The firm had revenue of $363.49 million for the quarter, compared to the consensus estimate of $423.23 million. During the same period last year, the company posted $0.10 EPS. The business's revenue was down 22.5% compared to the same quarter last year. As a group, analysts predict that Beazer Homes USA, Inc. will post 3.48 EPS for the current year.

Beazer Homes USA Company Profile

Beazer Homes USA, Inc is a national homebuilder specializing in the design, construction and sale of single-family homes. The company serves a diverse range of buyers, offering product lines that span from entry-level homes to move-up and active adult communities. In addition to its core homebuilding operations, Beazer provides mortgage financing, title and closing services through its subsidiaries, aiming to simplify the home-buying process and manage risk across the transaction.

Operating in key growth markets across the United States, Beazer Homes maintains a presence in more than a dozen metropolitan areas, including select markets in the Southeast, Southwest and West.

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