Filing Coverage: Beazer Homes Usa Inc: Man Group Plc Opened Big New Position

Filing Coverage: Beazer Homes Usa Inc: Man Group Plc Opened Big New Position

The New Man Group Plc Holding in Beazer Homes Usa Inc

Man Group Plc filed with the SEC SC 13G form for Beazer Homes Usa Inc. The form can be accessed here: 000090266416008890. As reported in Man Group Plc’s form, the filler as of late owns 5.14% or 1,698,497 shares of the Consumer Discretionary–company.

Beazer Homes Usa Inc stake is a new one for the and it was filed because of activity on November 15, 2016. We feel this shows Man Group Plc’s positive view for the stock.

Beazer Homes Usa Inc Institutional Sentiment

Latest Security and Exchange filings show 115 investors own Beazer Homes Usa Inc. The institutional ownership in Q3 2015 is high, at 116.45% of the outstanding shares. This is increased by 12961346 the total institutional shares. 38511473 were the shares owned by these institutional investors. In total 24 funds opened new Beazer Homes Usa Inc stakes, 47 increased stakes. There were 18 that closed positions and 31 reduced them.

Mcclain Value Management Llc is an institutional investor bullish on Beazer Homes Usa Inc, owning 567747 shares as of Q3 2015 for 2.39% of its portfolio. Ian G. Banwell Round Table Investment Management Company Lp owns 122000 shares or 1.51% of its portfolio. NY Newland Capital Management Llc have 4.06% of their stock portfolio for 335462 shares. Further, Second Curve Capital Llc reported stake worth 2.47% of its US stock portfolio. The GA Gmt Capital Corp owns 1595300 shares. Beazer Homes Usa Inc is 0.68% of the manager’s US portfolio.

Business Profile

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 Company’s 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.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment increased to 1.43 in 2016 Q2. Its up 0.43, from 1 in 2016Q1. The ratio is positive, as 16 funds sold all Beazer Homes USA, Inc. shares owned while 30 reduced positions. 11 funds bought stakes while 35 increased positions. They now own 22.83 million shares or 15.90% less from 27.15 million shares in 2016Q1.

Moreover, Blackrock Institutional Trust Na has 0% invested in Beazer Homes USA, Inc. (NYSE:BZH) for 872,328 shares. The Minnesota-based Us Bank & Trust De has invested 0% in Beazer Homes USA, Inc. (NYSE:BZH). Brandes Inv Prtn Limited Partnership has 0.15% invested in the company for 1.27 million shares. Citadel Advisors Limited Com holds 133,060 shares or 0% of its portfolio. Moreover, Envestnet Asset Mngmt Inc has 0% invested in Beazer Homes USA, Inc. (NYSE:BZH) for 2,008 shares. Winslow Asset Mngmt Incorporated accumulated 0.44% or 252,716 shares. Vanguard Group Inc Inc accumulated 1.24 million shares or 0% of the stock. Jefferies Group Limited Liability holds 0.01% or 152,214 shares in its portfolio. Blackrock Inc holds 0% or 13,729 shares in its portfolio. Blackrock Fund Advsrs last reported 0% of its portfolio in the stock. The Ontario – Canada-based Bancshares Of Montreal Can has invested 0% in Beazer Homes USA, Inc. (NYSE:BZH). Great West Life Assurance Can, a Manitoba – Canada-based fund reported 5,000 shares. Wolverine Asset Mgmt Ltd Llc has 198,287 shares for 0.02% of their US portfolio. Thrivent For Lutherans holds 0% or 105,150 shares in its portfolio. Wealthtrust accumulated 1,670 shares or 0.01% of the stock.

Insider Transactions: Since August 8, 2016, the stock had 6 insider buys, and 0 insider sales for $968,545 net activity. BEAZER BRIAN C bought 3,000 shares worth $38,969. ZELNAK STEPHEN P JR also bought $485,000 worth of Beazer Homes USA, Inc. (NYSE:BZH) shares.

The stock increased 2.73% or $0.35 during the last trading session, hitting $13.36. About 822,918 shares traded hands or 2.33% up from the average. Beazer Homes USA, Inc. (NYSE:BZH) has risen 35.98% since April 20, 2016 and is uptrending. It has outperformed by 31.43% the S&P500.

Beazer Homes USA, Inc. is a diversified homebuilder with activities in 16 states within three geographic regions in the United States: West, East and Southeast. The company has a market cap of $428.96 million. The Company’s homes are designed to appeal to homeowners at various price points across various demographic divisions and are generally offered for sale in advance of their construction. It has a 81.7 P/E ratio. It has three homebuilding divisions: West, which includes Arizona, California, Nevada and Texas; East, which includes Delaware, Indiana, Maryland, New Jersey, New York, Pennsylvania, Tennessee and Virginia; and Southeast, which includes Florida, Georgia, North Carolina (Raleigh) and South Carolina.

Beazer Homes USA, Inc. (NYSE:BZH) Ratings Coverage

Out of 3 analysts covering Beazer Homes USA (NYSE:BZH), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $21 is the highest target while $10 is the lowest. The $13.63 average target is 2.02% above today’s ($13.36) stock price. Beazer Homes USA has been the topic of 11 analyst reports since September 11, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Wednesday, December 2 by UBS. The firm has “Outperform” rating by FBN Securities given on Tuesday, January 5. The stock has “Neutral” rating given by UBS on Friday, July 29. On Tuesday, November 10 the stock rating was maintained by Compass Point with “Buy”. The company was maintained on Thursday, September 24 by UBS. Compass Point upgraded Beazer Homes USA, Inc. (NYSE:BZH) on Monday, October 19 to “Buy” rating. UBS maintained the shares of BZH in a report on Friday, February 5 with “Buy” rating. As per Monday, October 10, the company rating was downgraded by FBN Securities.

More news for Beazer Homes USA, Inc. (NYSE:BZH) were recently published by: Fool.com, which released: “Beazer Homes USA, Inc. Stock Down 16%: Here’s What’s Happening” on February 05, 2016. Moodys.com‘s article titled: “Moody’s rates Beazer Homes’ proposed $300MM senior notes B3” and published on September 08, 2016 is yet another important article.

According to Zacks Investment Research, “Beazer Homes USA, Inc. designs, builds and sells single family homes. The company designs homes to appeal primarily to entry-level and first move-up home buyers. Their objective is to provide customers with homes that incorporate quality and value. The company’s subsidiary, Beazer Mortgage, originates the mortgages for the company’s home buyers.”

BZH Company Profile

Beazer Homes USA, Inc., incorporated on November 24, 1993, is a diversified homebuilder with activities in 16 states within three geographic regions in the United States: West, East and Southeast. The Company’s homes are designed to appeal to homeowners at various price points across various demographic divisions and are generally offered for sale in advance of their construction.

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