Bank of New York Mellon Corp increased its position in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 16.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 216,672 shares of the construction company’s stock after buying an additional 29,866 shares during the period. Bank of New York Mellon Corp’s holdings in Beazer Homes USA were worth $2,054,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH purchased a new stake in Beazer Homes USA in the third quarter valued at approximately $254,000. MetLife Investment Advisors LLC raised its position in Beazer Homes USA by 61.8% in the third quarter. MetLife Investment Advisors LLC now owns 22,160 shares of the construction company’s stock valued at $233,000 after purchasing an additional 8,460 shares during the period. IndexIQ Advisors LLC raised its position in Beazer Homes USA by 3.9% in the third quarter. IndexIQ Advisors LLC now owns 142,523 shares of the construction company’s stock valued at $1,496,000 after purchasing an additional 5,381 shares during the period. Teachers Advisors LLC raised its position in Beazer Homes USA by 59.4% in the third quarter. Teachers Advisors LLC now owns 93,485 shares of the construction company’s stock valued at $982,000 after purchasing an additional 34,838 shares during the period. Finally, Vanguard Group Inc. increased its position in shares of Beazer Homes USA by 2.6% during the third quarter. Vanguard Group Inc. now owns 1,486,066 shares of the construction company’s stock worth $15,605,000 after acquiring an additional 37,861 shares during the period. 86.22% of the stock is currently owned by hedge funds and other institutional investors.

Beazer Homes USA stock opened at $13.10 on Monday. Beazer Homes USA, Inc. has a twelve month low of $8.16 and a twelve month high of $17.23. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.17 and a current ratio of 18.41. The firm has a market cap of $420.99 million, a PE ratio of 6.58 and a beta of 2.49.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings data on Monday, February 4th. The construction company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). Beazer Homes USA had a return on equity of 11.07% and a net margin of 4.35%. The company had revenue of $402.04 million for the quarter, compared to analysts’ expectations of $412.10 million. During the same period in the prior year, the company posted $0.04 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. Analysts predict that Beazer Homes USA, Inc. will post 1.24 EPS for the current year.

A number of research firms have recently weighed in on BZH. ValuEngine raised Beazer Homes USA from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 13th. Zacks Investment Research raised Beazer Homes USA from a “sell” rating to a “hold” rating in a research report on Tuesday, April 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $14.50.

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Beazer Homes USA Company Profile

Beazer Homes USA, Inc operates as a homebuilder in the United States. The company designs, constructs, and sells single-family and multi-family homes for entry-level, move-up, or retirement-oriented home buyers under the Beazer Homes, Gatherings, and Choice Plans names. It sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Delaware, Indiana, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.

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

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