Denali Advisors LLC Sells 9,925 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

Denali Advisors LLC lessened its stake in Beazer Homes USA, Inc. (NYSE:BZHFree Report) by 11.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,600 shares of the construction company’s stock after selling 9,925 shares during the quarter. Denali Advisors LLC owned approximately 0.26% of Beazer Homes USA worth $2,723,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of BZH. Price T Rowe Associates Inc. MD lifted its holdings in Beazer Homes USA by 2.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 20,387 shares of the construction company’s stock worth $324,000 after acquiring an additional 489 shares during the period. Barclays PLC boosted its position in Beazer Homes USA by 1.7% in the third quarter. Barclays PLC now owns 33,188 shares of the construction company’s stock worth $827,000 after purchasing an additional 559 shares during the last quarter. Swiss National Bank boosted its position in Beazer Homes USA by 1.0% in the third quarter. Swiss National Bank now owns 62,100 shares of the construction company’s stock worth $1,547,000 after purchasing an additional 600 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Beazer Homes USA by 84.4% in the second quarter. Tower Research Capital LLC TRC now owns 1,623 shares of the construction company’s stock worth $46,000 after purchasing an additional 743 shares during the last quarter. Finally, Jump Financial LLC boosted its position in Beazer Homes USA by 1.6% in the third quarter. Jump Financial LLC now owns 49,277 shares of the construction company’s stock worth $1,227,000 after purchasing an additional 776 shares during the last quarter. Institutional investors own 85.65% of the company’s stock.

Beazer Homes USA Stock Performance

Shares of BZH traded up $0.92 during mid-day trading on Friday, hitting $32.80. The stock had a trading volume of 266,796 shares, compared to its average volume of 258,957. The firm has a market cap of $1.03 billion, a P/E ratio of 6.50 and a beta of 2.24. The business has a fifty day moving average price of $30.68 and a 200-day moving average price of $28.85. The company has a debt-to-equity ratio of 0.87, a current ratio of 13.95 and a quick ratio of 1.32. Beazer Homes USA, Inc. has a 52 week low of $14.54 and a 52 week high of $35.93.

Beazer Homes USA (NYSE:BZHGet Free Report) last issued its earnings results on Thursday, February 1st. The construction company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.01). Beazer Homes USA had a net margin of 7.26% and a return on equity of 14.09%. The firm had revenue of $386.80 million during the quarter, compared to the consensus estimate of $420.71 million. During the same quarter in the previous year, the firm earned $0.80 earnings per share. The business’s quarterly revenue was down 13.1% compared to the same quarter last year. On average, equities research analysts expect that Beazer Homes USA, Inc. will post 4.66 EPS for the current year.

Analyst Ratings Changes

BZH has been the topic of several research analyst reports. StockNews.com raised Beazer Homes USA from a “sell” rating to a “hold” rating in a research report on Friday. Wedbush boosted their price objective on Beazer Homes USA from $32.00 to $33.00 and gave the stock a “neutral” rating in a research report on Friday, February 2nd.

Read Our Latest Stock Analysis on BZH

About Beazer Homes USA

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BZH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Beazer Homes USA, Inc. (NYSE:BZHFree Report).

Institutional Ownership by Quarter for Beazer Homes USA (NYSE:BZH)

Receive News & Ratings for Beazer Homes USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beazer Homes USA and related companies with MarketBeat.com's FREE daily email newsletter.