Beazer Homes USA (BZH) : Dulcet Capital Management scooped up 26,703 additional shares in Beazer Homes USA during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 626,703 shares of Beazer Homes USA which is valued at $6,254,496.Beazer Homes USA makes up approximately 1.80% of Dulcet Capital Management’s portfolio.
Other Hedge Funds, Including , Cubist Systematic Strategies sold out all of its stake in BZH during the most recent quarter. The investment firm sold 46,185 shares of BZH which is valued $460,926. Quantitative Investment Management added BZH to its portfolio by purchasing 17,000 company shares during the most recent quarter which is valued at $163,540. Beazer Homes USA makes up approx 0.01% of Quantitative Investment Management’s portfolio. Simplex Trading sold out all of its stake in BZH during the most recent quarter. The investment firm sold 2,372 shares of BZH which is valued $21,253.
Beazer Homes USA closed down -0.16 points or -1.42% at $11.09 with 6,43,886 shares getting traded on Thursday. Post opening the session at $11.23, the shares hit an intraday low of $10.97 and an intraday high of $11.37 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Beazer Homes USA reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.12. The company had revenue of $459.90 million for the quarter, compared to analysts expectations of $438.27 million. The company’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
Beazer Homes USA Inc. is a diversified homebuilder with operations in 16 states within three geographic regions in the United States: West East and Southeast. The Companys homes are designed to appeal to homeowners at various price points across various demographic segments and are generally offered for sale in advance of their construction. It has three homebuilding segments: West which includes Arizona California Nevada and Texas; East which includes Delaware Indiana Maryland New Jersey New York Pennsylvania Tennessee (Nashville) and Virginia; and Southeast which includes Florida Georgia North Carolina (Raleigh) and South Carolina. The Company partners with Moen Certain Teed and DuPont Tyvek. The Company provides information about the active communities through its Internet Website located atwww.beazer.com.