D E Shaw Increases Stake In Beazer Homes USA, Inc. (BZH)

David E. Shaw is optimistic about the prospects of Beazer Homes USA, Inc. (NYSE:BZH) and has added to his fund’s position in this stock. As reported in a recent filing with the Securities and Exchange Commission, D E Shaw has increased its holding of the stock from approximately 764,000 to 1.35 million shares, thus amassing 5.1% of the total number of shares outstanding.

David E. Shaw Vertex Pharmaceutical

Beazer Homes USA, Inc. (NYSE:BZH) has attracted the attention of several other hedge fund gurus. Ken Griffin has increased his fund’s holding of this stock by 97% during the first quarter of this year. As reported in its latest 13F filing, Citadel Investment Group holds 1.53 million shares. Charles Clough, the manager of Clough Capital Partners, has also increased his fund’s holding by 63% to 1.23 million shares. Tom Brown and his fund, Second Curve Capital, have also boosted their position by 59%, taking it to approximately 707,900 shares.

Beazer Homes USA, Inc. (NYSE:BZH) engages in the building and sale of homes throughout the United States. So far this year the stock has tumbled 14% to a current price of $20.93 per share, giving the company a market cap of $559 million. For the three months ending March 31, 2014, the company has reported $270 million in revenues, down 6% year-over-year, and a loss of $0.32 per share. Analysts expect Beazer Homes to announce revenues of $362 million and earnings per share of $0.24 for the current quarter.

David E. Shaw is betting big on Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK), having increased his fund’s stake by 501% during the first quarter of 2014. In its latest 13F filing, D E Shaw has reported ownership of 14.6 million shares. His top equity position is Berkshire Hathaway Inc. (NYSE:BRK.B) – 8.73 million shares, up 5% during the same period. Shaw has also added to his fund’s stake in General Electric Company (NYSE:GE), taking it to 22.8 million shares.

Disclosure: none.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!