Beazer Homes USA Inc. (NYSE:BZH) shares were down 5.4% on Tuesday . The stock traded as low as $9.24 and last traded at $9.27, with a volume of 507,060 shares traded. The stock had previously closed at $9.80.

Separately, Zacks Investment Research upgraded shares of Beazer Homes USA from a “sell” rating to a “hold” rating in a research report on Monday, July 18th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $14.45.

The stock has a market capitalization of $295.86 million and a price-to-earnings ratio of 0.92. The firm has a 50-day moving average price of $8.23 and a 200 day moving average price of $8.17.

Beazer Homes USA (NYSE:BZH) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.07. The firm had revenue of $459.90 million for the quarter, compared to analysts’ expectations of $435.58 million. During the same period in the prior year, the firm earned $0.38 EPS. Beazer Homes USA’s revenue for the quarter was up 7.1% compared to the same quarter last year. On average, analysts expect that Beazer Homes USA Inc. will post $0.67 EPS for the current fiscal year.

In related news, CEO Allan P. Merrill acquired 5,000 shares of Beazer Homes USA stock in a transaction dated Tuesday, May 10th. The shares were purchased at an average price of $7.53 per share, for a total transaction of $37,650.00. Following the completion of the transaction, the chief executive officer now directly owns 456,675 shares in the company, valued at approximately $3,438,762.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Robert L. Salomon acquired 4,500 shares of Beazer Homes USA stock in a transaction dated Thursday, May 5th. The shares were bought at an average price of $7.25 per share, for a total transaction of $32,625.00. Following the transaction, the chief financial officer now owns 160,236 shares of the company’s stock, valued at $1,161,711. The disclosure for this purchase can be found here.

Several large investors recently added to or reduced their stakes in BZH. Brandes Investment Partners LP boosted its stake in Beazer Homes USA by 247.0% in the fourth quarter. Brandes Investment Partners LP now owns 664,486 shares of the company’s stock valued at $7,635,000 after buying an additional 473,002 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its stake in Beazer Homes USA by 7.7% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,400,000 shares of the company’s stock valued at $16,086,000 after buying an additional 100,000 shares during the last quarter. Royce & Associates LLC boosted its stake in Beazer Homes USA by 16.1% in the fourth quarter. Royce & Associates LLC now owns 806,075 shares of the company’s stock valued at $9,262,000 after buying an additional 111,500 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its stake in Beazer Homes USA by 28.5% in the fourth quarter. New York State Common Retirement Fund now owns 277,512 shares of the company’s stock valued at $3,189,000 after buying an additional 61,628 shares during the last quarter.

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.

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