Capital Fund Management S.A. Purchases Shares of 102,240 Beazer Homes USA, Inc. (BZH)

Capital Fund Management S.A. purchased a new stake in Beazer Homes USA, Inc. (NYSE:BZH) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 102,240 shares of the construction company’s stock, valued at approximately $1,403,000. Capital Fund Management S.A. owned 0.32% of Beazer Homes USA at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Neuberger Berman Group LLC grew its holdings in Beazer Homes USA by 0.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 14,655 shares of the construction company’s stock valued at $201,000 after buying an additional 118 shares during the period. Rhumbline Advisers grew its holdings in Beazer Homes USA by 1.2% in the 2nd quarter. Rhumbline Advisers now owns 44,068 shares of the construction company’s stock valued at $605,000 after buying an additional 523 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in Beazer Homes USA by 0.5% in 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 buying an additional 627 shares during the period. Nordea Investment Management AB grew its holdings in Beazer Homes USA by 12.4% in the 1st quarter. Nordea Investment Management AB now owns 10,886 shares of the construction company’s stock valued at $132,000 after buying an additional 1,200 shares during the period. Finally, American International Group Inc. grew its holdings in Beazer Homes USA by 7.1% in the 1st quarter. American International Group Inc. now owns 19,387 shares of the construction company’s stock valued at $235,000 after buying an additional 1,283 shares during the period. Institutional investors own 80.78% of the company’s stock.

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Beazer Homes USA, Inc. (NYSE BZH) opened at 16.92 on Friday. The firm’s market capitalization is $540.83 million. Beazer Homes USA, Inc. has a 52-week low of $9.67 and a 52-week high of $16.95. The company’s 50-day moving average price is $15.20 and its 200 day moving average price is $13.41.

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

Several analysts have commented on BZH shares. JMP Securities restated an “underperform” rating on shares of Beazer Homes USA in a report on Monday, May 29th. Wedbush upgraded Beazer Homes USA from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $12.31 to $15.00 in a report on Thursday, June 15th. Credit Suisse Group assumed coverage on Beazer Homes USA in a report on Thursday, June 22nd. They issued a “neutral” rating and a $13.00 price target for the company. Zacks Investment Research raised Beazer Homes USA from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Tuesday, July 4th. Finally, BidaskClub raised Beazer Homes USA from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $15.50.

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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