Deutsche Bank AG Buys 9,579 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

Deutsche Bank AG boosted its stake in Beazer Homes USA, Inc. (NYSE:BZH) by 8.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,034 shares of the construction company’s stock after acquiring an additional 9,579 shares during the quarter. Deutsche Bank AG owned 0.38% of Beazer Homes USA worth $3,296,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sterling Capital Management LLC lifted its position in Beazer Homes USA by 776.2% during the 4th quarter. Sterling Capital Management LLC now owns 920 shares of the construction company’s stock worth $25,000 after buying an additional 815 shares in the last quarter. Quarry LP acquired a new position in shares of Beazer Homes USA in the 4th quarter valued at approximately $69,000. KLP Kapitalforvaltning AS bought a new stake in shares of Beazer Homes USA during the 4th quarter valued at approximately $148,000. Tower Research Capital LLC TRC grew its holdings in shares of Beazer Homes USA by 61.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,018 shares of the construction company’s stock valued at $165,000 after purchasing an additional 2,290 shares during the last quarter. Finally, Focus Financial Network Inc. bought a new stake in shares of Beazer Homes USA during the 4th quarter valued at approximately $275,000. 85.65% of the stock is owned by institutional investors.

Beazer Homes USA Trading Down 2.4%

BZH opened at $21.83 on Wednesday. Beazer Homes USA, Inc. has a fifty-two week low of $17.37 and a fifty-two week high of $38.22. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25. The firm has a market capitalization of $661.51 million, a price-to-earnings ratio of 5.55, a PEG ratio of 0.35 and a beta of 2.20. The company’s 50 day moving average price is $20.37 and its two-hundred day moving average price is $25.31.

Beazer Homes USA (NYSE:BZH) last posted its earnings results on Thursday, May 1st. The construction company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.16. Beazer Homes USA had a net margin of 5.04% and a return on equity of 10.12%. The firm had revenue of $565.34 million for the quarter, compared to analyst estimates of $543.60 million. During the same period in the previous year, the firm posted $1.26 EPS. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, research analysts predict that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director John J. Kelley III acquired 10,000 shares of Beazer Homes USA stock in a transaction dated Friday, May 9th. The shares were bought at an average cost of $21.50 per share, with a total value of $215,000.00. Following the purchase, the director now owns 15,917 shares in the company, valued at $342,215.50. This trade represents a 169.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 6.52% of the company’s stock.

Wall Street Analysts Forecast Growth

BZH has been the topic of several research reports. Oppenheimer reaffirmed an “outperform” rating and set a $33.00 price target (down from $37.00) on shares of Beazer Homes USA in a report on Tuesday, April 29th. Wedbush reaffirmed an “outperform” rating and set a $41.00 price target (down from $45.00) on shares of Beazer Homes USA in a report on Friday, May 2nd. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $37.00.

About Beazer Homes USA

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.