Voya Investment Management LLC Has $246,000 Stake in Beazer Homes USA, Inc. (NYSE:BZH)

Voya Investment Management LLC trimmed its stake in shares of Beazer Homes USA, Inc. (NYSE:BZH) by 10.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,971 shares of the construction company’s stock after selling 1,047 shares during the period. Voya Investment Management LLC’s holdings in Beazer Homes USA were worth $246,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BZH. Barclays PLC increased its stake in Beazer Homes USA by 26.3% in the 3rd quarter. Barclays PLC now owns 190,741 shares of the construction company’s stock valued at $6,516,000 after buying an additional 39,752 shares during the last quarter. Franklin Resources Inc. increased its stake in Beazer Homes USA by 4.2% in the 3rd quarter. Franklin Resources Inc. now owns 142,220 shares of the construction company’s stock valued at $4,592,000 after buying an additional 5,796 shares during the last quarter. Ritholtz Wealth Management increased its stake in Beazer Homes USA by 26.4% in the 4th quarter. Ritholtz Wealth Management now owns 25,082 shares of the construction company’s stock valued at $689,000 after buying an additional 5,235 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake in Beazer Homes USA by 17.7% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 36,015 shares of the construction company’s stock valued at $989,000 after buying an additional 5,412 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in Beazer Homes USA by 68.5% in the 4th quarter. SG Americas Securities LLC now owns 16,908 shares of the construction company’s stock valued at $464,000 after buying an additional 6,876 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Oppenheimer reiterated an “outperform” rating and issued a $33.00 price target (down from $37.00) on shares of Beazer Homes USA in a research note on Tuesday, April 29th. Wedbush reissued an “outperform” rating and issued a $41.00 price objective (down previously from $45.00) on shares of Beazer Homes USA in a research report on Friday, May 2nd. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $37.00.

Beazer Homes USA Stock Performance

Shares of BZH opened at $21.87 on Tuesday. The firm has a 50-day moving average of $20.36 and a 200-day moving average of $25.63. Beazer Homes USA, Inc. has a one year low of $17.37 and a one year high of $38.22. The company has a market cap of $662.67 million, a PE ratio of 5.56, a price-to-earnings-growth ratio of 0.35 and a beta of 2.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 15.52 and a quick ratio of 1.25.

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

Insider Buying and Selling at Beazer Homes USA

In other Beazer Homes USA news, Director John J. Kelley III acquired 10,000 shares of the business’s stock in a transaction on Friday, May 9th. The stock was purchased at an average price of $21.50 per share, with a total value of $215,000.00. Following the acquisition, the director now directly owns 15,917 shares of the company’s stock, valued at approximately $342,215.50. This trade represents a 169.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.52% of the company’s stock.

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.