Donald Smith & CO. Inc. Sells 12,944 Shares of Beazer Homes USA, Inc. (NYSE:BZH)

Donald Smith & CO. Inc. reduced its stake in Beazer Homes USA, Inc. (NYSE:BZH) by 0.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,119,483 shares of the construction company’s stock after selling 12,944 shares during the period. Beazer Homes USA makes up approximately 2.0% of Donald Smith & CO. Inc.’s investment portfolio, making the stock its 23rd biggest position. Donald Smith & CO. Inc. owned about 0.10% of Beazer Homes USA worth $85,661,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in BZH. Vanguard Group Inc. lifted its position in shares of Beazer Homes USA by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 1,828,558 shares of the construction company’s stock valued at $50,212,000 after acquiring an additional 22,033 shares during the period. Boston Partners lifted its position in Beazer Homes USA by 5.1% during the fourth quarter. Boston Partners now owns 1,123,125 shares of the construction company’s stock worth $30,946,000 after purchasing an additional 54,959 shares during the period. First Eagle Investment Management LLC grew its stake in Beazer Homes USA by 9.1% during the fourth quarter. First Eagle Investment Management LLC now owns 612,158 shares of the construction company’s stock worth $16,810,000 after buying an additional 51,027 shares in the last quarter. Mill Road Capital Management LLC increased its holdings in Beazer Homes USA by 89.1% in the 3rd quarter. Mill Road Capital Management LLC now owns 368,069 shares of the construction company’s stock valued at $12,577,000 after buying an additional 173,474 shares during the period. Finally, Victory Capital Management Inc. raised its position in shares of Beazer Homes USA by 13.2% in the 4th quarter. Victory Capital Management Inc. now owns 255,113 shares of the construction company’s stock valued at $7,005,000 after buying an additional 29,660 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wedbush reiterated an “outperform” rating and set a $45.00 price target on shares of Beazer Homes USA in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $39.67.

Beazer Homes USA Stock Performance

Beazer Homes USA stock opened at $20.87 on Thursday. The company has a quick ratio of 1.25, a current ratio of 15.52 and a debt-to-equity ratio of 0.87. The stock has a market cap of $651.21 million, a PE ratio of 5.31, a P/E/G ratio of 0.35 and a beta of 2.26. Beazer Homes USA, Inc. has a 12-month low of $19.80 and a 12-month high of $38.22. The business’s 50-day moving average price is $23.06 and its two-hundred day moving average price is $28.43.

Beazer Homes USA (NYSE:BZH) last announced its quarterly earnings results on Thursday, January 30th. The construction company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.21). Beazer Homes USA had a net margin of 5.04% and a return on equity of 10.12%. As a group, analysts expect that Beazer Homes USA, Inc. will post 3.48 earnings per share for the current fiscal year.

Beazer Homes USA 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.