Beazer Homes USA, Inc. (NYSE:BZH) Shares Sold by Donald Smith & CO. Inc.

Donald Smith & CO. Inc. lessened its holdings in shares of Beazer Homes USA, Inc. (NYSE:BZH - Free Report) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,119,483 shares of the construction company's stock after selling 12,944 shares during the quarter. Beazer Homes USA makes up about 2.0% of Donald Smith & CO. Inc.'s investment portfolio, making the stock its 23rd biggest position. Donald Smith & CO. Inc. owned 10.00% of Beazer Homes USA worth $85,661,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in BZH. Point72 Asset Management L.P. acquired a new position in Beazer Homes USA during the third quarter worth approximately $125,000. KLP Kapitalforvaltning AS purchased a new position in shares of Beazer Homes USA in the 4th quarter worth $148,000. Systematic Financial Management LP acquired a new position in Beazer Homes USA in the third quarter valued at $182,000. Quadrature Capital Ltd purchased a new stake in Beazer Homes USA during the third quarter valued at about $262,000. Finally, Focus Financial Network Inc. acquired a new stake in Beazer Homes USA during the fourth quarter worth about $275,000. Institutional investors and hedge funds own 85.65% of the company's stock.

Beazer Homes USA Stock Down 1.6 %

Shares of NYSE:BZH traded down $0.31 during midday trading on Tuesday, hitting $19.11. 121,181 shares of the company's stock traded hands, compared to its average volume of 453,149. Beazer Homes USA, Inc. has a twelve month low of $18.37 and a twelve month high of $38.22. The company has a market cap of $596.29 million, a PE ratio of 4.86, a P/E/G ratio of 0.35 and a beta of 2.05. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 15.52. The firm's fifty day moving average price is $22.56 and its two-hundred day moving average price is $28.08.

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Beazer Homes USA (NYSE:BZH - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The construction company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.31 by ($0.21). Beazer Homes USA had a return on equity of 10.12% and a net margin of 5.04%. On average, equities research analysts anticipate that Beazer Homes USA, Inc. will post 3.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wedbush reaffirmed an "outperform" rating and issued a $45.00 price objective on shares of Beazer Homes USA in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $39.67.

Beazer Homes USA Company Profile

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.