Readystate Asset Management LP lowered its position in Beazer Homes USA, Inc. (NYSE:BZH – Free Report) by 17.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,918 shares of the construction company’s stock after selling 27,952 shares during the period. Readystate Asset Management LP’s holdings in Beazer Homes USA were worth $2,500,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in shares of Beazer Homes USA by 5.4% during the first quarter. Dimensional Fund Advisors LP now owns 999,804 shares of the construction company’s stock valued at $19,236,000 after acquiring an additional 51,284 shares during the last quarter. First Eagle Investment Management LLC raised its stake in shares of Beazer Homes USA by 0.8% during the 4th quarter. First Eagle Investment Management LLC now owns 701,437 shares of the construction company’s stock worth $14,218,000 after purchasing an additional 5,500 shares during the period. Charles Schwab Investment Management Inc. raised its position in Beazer Homes USA by 22.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 678,471 shares of the construction company’s stock worth $13,753,000 after acquiring an additional 122,606 shares during the period. UBS Group AG raised its position in Beazer Homes USA by 189.7% in the fourth quarter. UBS Group AG now owns 537,663 shares of the construction company’s stock worth $10,898,000 after acquiring an additional 352,092 shares during the period. Finally, Winslow Asset Management Inc. increased its holdings in shares of Beazer Homes USA by 1.0% in the 4th quarter. Winslow Asset Management Inc. now owns 493,583 shares of the construction company’s stock worth $10,005,000 after buying an additional 4,678 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the stock. Weiss Ratings upgraded shares of Beazer Homes USA from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. Wall Street Zen downgraded Beazer Homes USA from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 10th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $35.50.
Beazer Homes USA Stock Performance
Shares of BZH stock opened at $33.39 on Wednesday. The firm has a market capitalization of $912.57 million, a price-to-earnings ratio of -222.57 and a beta of 2.18. The stock has a fifty day moving average of $28.34 and a 200 day moving average of $24.69. Beazer Homes USA, Inc. has a 52 week low of $17.83 and a 52 week high of $34.00. The company has a quick ratio of 1.32, a current ratio of 15.67 and a debt-to-equity ratio of 1.05.
Beazer Homes USA (NYSE:BZH – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.69. Beazer Homes USA had a negative net margin of 0.18% and a positive return on equity of 0.99%. The business had revenue of $409.85 million for the quarter, compared to the consensus estimate of $448.79 million. During the same period in the previous year, the firm earned $0.42 EPS. The company’s quarterly revenue was down 27.5% compared to the same quarter last year. As a group, research analysts expect that Beazer Homes USA, Inc. will post -0.41 earnings per share for the current year.
Beazer Homes USA 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.
Recommended Stories
- Five stocks we like better than Beazer Homes USA
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
- Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story
- Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
- Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
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:BZH – Free Report).
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.
