UBS Group AG Has $10.90 Million Stock Position in Beazer Homes USA, Inc. $BZH

UBS Group AG grew its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 189.7% during the 4th quarter, Holdings Channel reports. The firm owned 537,663 shares of the construction company’s stock after buying an additional 352,092 shares during the period. UBS Group AG’s holdings in Beazer Homes USA were worth $10,898,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. State of Alaska Department of Revenue acquired a new position in shares of Beazer Homes USA during the 3rd quarter worth approximately $37,000. Osaic Holdings Inc. increased its position in shares of Beazer Homes USA by 454.9% during the 2nd quarter. Osaic Holdings Inc. now owns 2,103 shares of the construction company’s stock worth $47,000 after purchasing an additional 1,724 shares during the last quarter. Comerica Bank acquired a new position in shares of Beazer Homes USA during the 3rd quarter worth approximately $48,000. Aquatic Capital Management LLC acquired a new position in shares of Beazer Homes USA during the 3rd quarter worth approximately $70,000. Finally, Tower Research Capital LLC TRC increased its position in shares of Beazer Homes USA by 123.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,500 shares of the construction company’s stock worth $78,000 after purchasing an additional 1,933 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Beazer Homes USA Stock Down 3.4%

BZH stock opened at $22.21 on Friday. The company has a current ratio of 15.67, a quick ratio of 1.32 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $606.86 million, a PE ratio of -148.03 and a beta of 2.15. Beazer Homes USA, Inc. has a 1-year low of $17.83 and a 1-year high of $28.33. The business’s 50 day simple moving average is $21.08 and its 200 day simple moving average is $22.33.

Beazer Homes USA (NYSE:BZH) last posted its earnings results on Thursday, April 30th. The construction company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.69. The business had revenue of $409.85 million for the quarter, compared to analyst estimates of $448.79 million. Beazer Homes USA had a positive return on equity of 0.99% and a negative net margin of 0.18%.The firm’s revenue was down 27.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.42 EPS. As a group, research analysts anticipate that Beazer Homes USA, Inc. will post -0.41 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BZH. Weiss Ratings lowered Beazer Homes USA from a “hold (c)” rating to a “sell (d)” rating in a report on Friday, January 30th. Zacks Research raised Beazer Homes USA from a “strong sell” rating to a “hold” rating in a report on Friday, January 16th. Finally, Wall Street Zen lowered Beazer Homes USA from a “sell” rating to a “strong sell” rating in a report on Sunday, May 10th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Beazer Homes USA has a consensus rating of “Hold” and a consensus price target of $31.33.

About Beazer Homes USA

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.