Register Financial Advisors LLC Raises Stock Position in Beazer Homes USA, Inc. $BZH

Register Financial Advisors LLC increased its position in Beazer Homes USA, Inc. (NYSE:BZH) by 54.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,152 shares of the construction company’s stock after acquiring an additional 53,771 shares during the period. Beazer Homes USA makes up about 1.5% of Register Financial Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Register Financial Advisors LLC owned approximately 0.51% of Beazer Homes USA worth $3,735,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in Beazer Homes USA by 1.8% in the first quarter. Royal Bank of Canada now owns 73,915 shares of the construction company’s stock valued at $1,507,000 after purchasing an additional 1,279 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Beazer Homes USA by 35.5% in the 1st quarter. AQR Capital Management LLC now owns 198,855 shares of the construction company’s stock worth $4,055,000 after buying an additional 52,062 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Beazer Homes USA by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,314 shares of the construction company’s stock valued at $353,000 after acquiring an additional 734 shares during the last quarter. Parallel Advisors LLC increased its holdings in Beazer Homes USA by 292.0% during the 2nd quarter. Parallel Advisors LLC now owns 4,582 shares of the construction company’s stock valued at $102,000 after acquiring an additional 3,413 shares in the last quarter. Finally, Clear Harbor Asset Management LLC raised its position in Beazer Homes USA by 57.2% during the second quarter. Clear Harbor Asset Management LLC now owns 59,012 shares of the construction company’s stock worth $1,320,000 after acquiring an additional 21,462 shares during the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Beazer Homes USA Stock Performance

Shares of BZH opened at $23.42 on Wednesday. Beazer Homes USA, Inc. has a one year low of $17.37 and a one year high of $29.30. The company has a 50-day moving average of $21.79 and a two-hundred day moving average of $23.29. The company has a debt-to-equity ratio of 0.82, a current ratio of 16.21 and a quick ratio of 2.07. The stock has a market cap of $690.98 million, a price-to-earnings ratio of 15.30, a PEG ratio of 1.01 and a beta of 2.18.

Beazer Homes USA (NYSE:BZH) last posted its quarterly earnings results on Thursday, November 13th. The construction company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.27. Beazer Homes USA had a net margin of 1.92% and a return on equity of 4.46%. The business had revenue of $791.90 million during the quarter, compared to analyst estimates of $674.80 million. During the same period in the prior year, the firm earned $1.69 earnings per share. The firm’s revenue was down 1.8% compared to the same quarter last year. On average, equities research analysts expect that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current year.

Wall Street Analyst Weigh In

BZH has been the subject of several recent research reports. Zacks Research raised Beazer Homes USA from a “strong sell” rating to a “hold” rating in a research report on Friday, January 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Beazer Homes USA in a report on Monday, December 29th. Finally, Wall Street Zen raised Beazer Homes USA from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Beazer Homes USA has a consensus rating of “Hold” and a consensus price target of $31.33.

Beazer Homes USA Company Profile

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.