UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stock Holdings in Beazer Homes USA, Inc. (NYSE:BZH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 40.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,285 shares of the construction company's stock after acquiring an additional 16,923 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.19% of Beazer Homes USA worth $1,601,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Sterling Capital Management LLC grew its holdings in shares of Beazer Homes USA by 776.2% during the fourth quarter. Sterling Capital Management LLC now owns 920 shares of the construction company's stock worth $25,000 after purchasing an additional 815 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Beazer Homes USA in the 4th quarter valued at approximately $34,000. Quarry LP bought a new position in shares of Beazer Homes USA during the fourth quarter valued at $69,000. KLP Kapitalforvaltning AS bought a new stake in shares of Beazer Homes USA in the fourth quarter worth $148,000. Finally, Tower Research Capital LLC TRC increased its holdings in Beazer Homes USA by 61.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,018 shares of the construction company's stock valued at $165,000 after purchasing an additional 2,290 shares during the period. 85.65% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Oppenheimer restated 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 reaffirmed an "outperform" rating and issued a $41.00 price objective (down from $45.00) on shares of Beazer Homes USA in a research note on Friday, May 2nd. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company's stock. According to MarketBeat, Beazer Homes USA currently has a consensus rating of "Hold" and an average price target of $37.00.

Insider Activity at Beazer Homes USA

In other news, Director John J. Kelley III bought 10,000 shares of the stock in a transaction dated Friday, May 9th. The stock was bought at an average price of $21.50 per share, for a total transaction of $215,000.00. Following the completion of the acquisition, the director now directly owns 15,917 shares in the company, valued at approximately $342,215.50. This trade represents a 169.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 6.52% of the stock is currently owned by insiders.

Beazer Homes USA Trading Down 0.0%

BZH traded down $0.01 during trading on Thursday, hitting $22.30. The company's stock had a trading volume of 280,023 shares, compared to its average volume of 397,510. Beazer Homes USA, Inc. has a twelve month low of $17.37 and a twelve month high of $38.22. The company has a quick ratio of 1.25, a current ratio of 15.52 and a debt-to-equity ratio of 0.87. The stock's fifty day moving average price is $20.40 and its 200-day moving average price is $24.08. The firm has a market capitalization of $675.76 million, a P/E ratio of 5.67, a PEG ratio of 0.35 and a beta of 2.10.

Beazer Homes USA (NYSE:BZH - Get Free Report) last released its quarterly earnings data 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. Beazer Homes USA had a net margin of 5.04% and a return on equity of 10.12%. The company had revenue of $565.34 million during the quarter, compared to analyst estimates of $543.60 million. During the same quarter in the previous year, the business posted $1.26 EPS. Beazer Homes USA's revenue for the quarter was up 4.4% compared to the same quarter last year. Analysts anticipate that Beazer Homes USA, Inc. will post 3.48 EPS for the current 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.