SCHEDULE 13G: Donald Smith & Co. Discloses 10.05% Passive Stake in Beazer Homes USA Inc.
Beneficial Ownership Disclosure
Investment advisor Donald Smith & Co., Inc. and its affiliate DSCO Value Fund, L.P. have disclosed a combined 10.05% passive ownership stake in homebuilder Beazer Homes USA Inc. as of December 31, 2024.
Summary
- Donald Smith & Co., Inc., an investment adviser, and DSCO Value Fund, L.P. have jointly reported beneficial ownership of 3,119,483 shares of Common Stock in Beazer Homes USA Inc.
- This aggregate amount represents 10.05% of Beazer Homes USA Inc.'s outstanding Common Stock.
- The filing is a Schedule 13G, indicating a passive investment intent, meaning the reporting persons do not seek to change or influence the control of the issuer.
- Donald Smith & Co., Inc. holds sole voting power over 3,007,498 shares and sole dispositive power over 3,092,198 shares.
- DSCO Value Fund, L.P. holds sole voting power over 27,285 shares and sole dispositive power over 27,285 shares.
- Both entities share voting power over 3,034,783 shares and shared dispositive power over 3,119,483 shares.
- The beneficial ownership was established as of December 31, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. While a Schedule 13G is a routine disclosure, the emergence of a new significant passive investor can be viewed positively as it indicates institutional confidence and potential long-term interest in the company.
Positives
- The disclosure of a significant 10.05% stake by an institutional investor like Donald Smith & Co., Inc. may signal confidence in Beazer Homes USA Inc.'s valuation or future prospects.
- The passive nature of the investment, as indicated by the Schedule 13G filing, suggests that the investor is not seeking disruptive changes to the company's management or strategy.
Future Outlook
NA
Industry Context
Beazer Homes USA Inc. operates in the homebuilding industry. The disclosure of a significant passive stake by an investment advisor indicates institutional interest in the sector, potentially reflecting a positive outlook on the housing market or specific company fundamentals.
Stakeholder Impact
- Shareholders: The disclosure of a significant 10.05% stake by a reputable investment firm may increase investor confidence and potentially influence stock price due to perceived institutional validation.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the event which required the filing of this statement (i.e., the date the beneficial ownership threshold was met). |
| 02/13/2025 | Date the Schedule 13G filing was signed and submitted to the SEC. |
Keywords
Beazer Homes USA Inc., Donald Smith & Co., DSCO Value Fund, Schedule 13G, beneficial ownership, passive investment, homebuilder, institutional investor, common stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.