Beazer Homes USA, Inc. (BZH) Holdings Increased by Federated Investors Inc. PA

Federated Investors Inc. PA raised its position in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 23.8% in the second quarter, according to its most recent filing with the SEC. The firm owned 106,709 shares of the construction company’s stock after purchasing an additional 20,543 shares during the quarter. Federated Investors Inc. PA owned approximately 0.33% of Beazer Homes USA worth $1,464,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Rhumbline Advisers increased its position in Beazer Homes USA by 1.2% during the 2nd quarter. Rhumbline Advisers now owns 44,068 shares of the construction company’s stock valued at $605,000 after purchasing an additional 523 shares during the period. Schwab Charles Investment Management Inc. increased its position in Beazer Homes USA by 0.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 115,143 shares of the construction company’s stock valued at $1,580,000 after purchasing an additional 627 shares during the period. Nordea Investment Management AB increased its position in Beazer Homes USA by 12.4% during the 1st quarter. Nordea Investment Management AB now owns 10,886 shares of the construction company’s stock valued at $132,000 after purchasing an additional 1,200 shares during the period. American International Group Inc. increased its position in Beazer Homes USA by 7.1% during the 1st quarter. American International Group Inc. now owns 19,387 shares of the construction company’s stock valued at $235,000 after purchasing an additional 1,283 shares during the period. Finally, Teachers Advisors LLC increased its position in Beazer Homes USA by 3.2% during the 1st quarter. Teachers Advisors LLC now owns 61,075 shares of the construction company’s stock valued at $741,000 after purchasing an additional 1,910 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.

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Shares of Beazer Homes USA, Inc. (BZH) opened at 15.19 on Wednesday. The firm’s market cap is $485.64 million. Beazer Homes USA, Inc. has a 12 month low of $9.67 and a 12 month high of $16.47. The stock’s 50 day moving average is $15.01 and its 200 day moving average is $13.35.

Beazer Homes USA (NYSE:BZH) last posted its earnings results on Tuesday, August 1st. The construction company reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.05. Beazer Homes USA had a positive return on equity of 3.01% and a negative net margin of 0.14%. The firm had revenue of $478.59 million for the quarter, compared to analysts’ expectations of $470.98 million. During the same period in the previous year, the firm earned $0.18 earnings per share. The business’s revenue was up 4.1% compared to the same quarter last year. Equities research analysts expect that Beazer Homes USA, Inc. will post $0.86 EPS for the current year.

A number of analysts have weighed in on the stock. Wedbush downgraded shares of Beazer Homes USA from an “outperform” rating to a “neutral” rating and set a $15.00 target price for the company. in a research report on Tuesday, August 8th. BidaskClub raised shares of Beazer Homes USA from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Zacks Investment Research raised shares of Beazer Homes USA from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research report on Thursday, August 3rd. JMP Securities reissued an “underperform” rating on shares of Beazer Homes USA in a research report on Monday, May 29th. Finally, ValuEngine downgraded shares of Beazer Homes USA from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $14.13.

About Beazer Homes USA

Beazer Homes USA, Inc is a geographically diversified homebuilder. As of September 30, 2016, the Company had operations in 13 states within over three geographic regions in the United States. The Company’s segments include West, East and Southeast. The Company markets and sells its products through its Website, www.beazer.com; mobile site, m.beazer.com; real estate listing sites, online advertising, including search engine marketing and display advertising, social media, video, brochures, direct marketing and out-of-home advertising, including billboards and signage, as well as other activities.

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

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